Research >> Economics
Real Average Hourly Earnings unch% in April
Real average hourly earnings for all employees was unchanged from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This stems from no change in both the Consumer Price Index for All Urban Consumers (CPI-U) and average hourly earnings.
Real average weekly earnings was unchanged over the month, as a result of no change in both the real average hourly earnings and the average workweek. Since reaching a peak in October 2010, real average weekly earnings have fallen 1.2 percent.
Real average hourly earnings fell 0.5 percent, seasonally adjusted, from April 2011 to April 2012. A 0.3 percent increase in average weekly hours, combined with the decline in real average hourly earnings, resulted in a 0.2 percent decrease in real average weekly earnings during this period.
Posted: May 15, 2012 Tuesday 08:30 AM