July 2011 Real Earnings — 2011-08-18

Real average hourly earnings for all employees fell 0.1 percent from June to July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. A 0.4 percent increase in average hourly earnings was more than offset by a 0.5 percent increase in the Consumer Price Index for All Urban Consumers (CPI- U). Real average weekly earnings fell 0.1 percent over the month, as a result of the decrease in real average hourly earnings, while average weekly hours remained unchanged. Since reaching a recent peak in October 2010, real average weekly earnings have fallen 1.3 percent. Real average hourly earnings fell 1.3 percent, seasonally adjusted, from July 2010 to July 2011. A 0.3 percent increase in average weekly hours combined with the decrease in real average hourly earnings resulted in a 1.0 percent decrease in real average weekly earnings during this period. Real average hourly earnings for production and nonsupervisory employees fell 0.2 percent from June to July, seasonally adjusted.