January 2012 Real Earnings — 2012-02-17
Real average hourly earnings for all employees was unchanged from December 2011 to January 2012, seasonally adjusted, the U.S. Bureau of Labor…
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Real average hourly earnings for all employees was unchanged from December 2011 to January 2012, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. A 0.2 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U) offset a 0.2 percent increase in the average hourly earnings. Real average weekly earnings was unchanged over the month, as a result of both the real average hourly earnings and the average workweek remaining unchanged. Since reaching a peak in October 2010, real average weekly earnings has fallen 0.9 percent. Real average hourly earnings fell 1.0 percent, seasonally adjusted, from January 2011 to January 2012. A 0.6 percent increase in the average workweek, combined with the decline in real average hourly earnings, resulted in a 0.4 percent decrease in real average weekly earnings during the same period. Real average hourly earnings for production and nonsupervisory employees fell 0.1 percent from December 2011 to January 2012, seasonally adjusted.
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