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Real Average Hourly Earnings rose 0.2% in Mar
Real average hourly earnings for all employees rose 0.2 percent from February to March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This increase stems from unchanged average hourly earnings and a 0.2 percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings rose 0.5 percent over the month due to the increase in real average hourly earnings combined with a 0.3 percent increase in the average workweek.
Real average hourly earnings rose 0.3 percent, seasonally adjusted, from March 2012 to March 2013. The increase in real average hourly earnings, combined with a 0.3 percent increase in the average workweek, resulted in a 0.6 percent increase in real average weekly earnings over this period.
Posted: April 16, 2013 Tuesday 08:30 AM