February 2013 Real Earnings — 2013-03-15

(NOTE: The February 2013 Real Earnings news release was reissued on March 15, 2013 to correct a statement related to real average hourly earnings for production and nonsupervisory employees. The sentence, �The increase was due to a 0.3 percent increase in average hourly earnings being more than offset by a 0.8 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W),� was corrected to say �The decrease was due to a 0.3 percent increase in average hourly earnings being more than offset by a 0.8 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).�) Real average hourly earnings for all employees fell 0.6 percent from January to February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This result stems from a 0.2 percent increase in average hourly earnings being more than offset by a 0.7 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).