Real average hourly earnings for all employees fell 0.1 percent from December to January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This decrease stemmed from a 0.4 percent increase in average hourly earnings, which was partially offset by a 0.4 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average hourly earnings rose by 0.2 percent, seasonally adjusted, from January 2010 to January 2011. A 0.6 percent increase in average weekly hours combined with the increase in real average hourly earnings resulted in a 0.8 percent increase in real average weekly earnings during this period.
Production and nonsupervisory employees
Real average hourly earnings for production and nonsupervisory employees increased by 0.1 percent from December to January, seasonally adjusted. This gain stemmed from a 0.5 percent increase in
average hourly earnings, which was offset by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rising by 0.5 percent.
Real average weekly earnings fell 0.2 percent over the month, as a 0.3 percent decrease in the average workweek combined with the increase in real average hourly earnings.
Real average hourly earnings rose 0.5 percent, seasonally adjusted, from January 2010 to January 2011. The increase in real average hourly earnings combined with a 0.3 percent increase in the average workweek resulted in a 0.7 percent increase in real average weekly earnings during this period.
