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Real Average Hourly Earnings were unchanged in April 2021
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All employees
Real average hourly earnings for all employees were unchanged from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from an increase of 0.7 percent in average hourly earnings offset by an increase of 0.8 percent in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings increased 0.2 percent over the month due to no change in real average hourly earnings combined with an increase of 0.3 percent in the average workweek.
Real average hourly earnings decreased 3.7 percent, seasonally adjusted, from April 2020 to April 2021. The change in real average hourly earnings combined with an increase of 2.3 percent in the average workweek resulted in a 1.4-percent decrease in real average weekly earnings over this period.
Production and nonsupervisory employees
Real average hourly earnings for production and nonsupervisory employees were unchanged from March to April, seasonally adjusted. This result stems from a 0.8-percent increase in average hourly earnings offset by an increase of 0.8 percent in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings were unchanged over the month due to no change in real average hourly earnings combined with no change in average weekly hours.
From April 2020 to April 2021, real average hourly earnings decreased 3.4 percent, seasonally adjusted. The change in real average hourly earnings combined with a 2.7-percent increase in the average workweek resulted in a 0.8-percent decrease in real average weekly earnings over this period.
Posted: May 12, 2021 Wednesday 08:30 AM