Real average hourly earnings for all employees rose 0.2 percent from May to June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This change stemmed from a 0.2 percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U), while average hourly earnings remained unchanged.
Real average hourly earnings fell 1.5 percent, seasonally adjusted, from June 2010 to June 2011. A 0.6 percent increase in average weekly hours combined with the decrease in real average hourly earnings resulted in a 0.9 percent decrease in real average weekly earnings during this period.
Production and nonsupervisory employees
Real average hourly earnings for production and nonsupervisory employees rose 0.2 percent from May to June, seasonally adjusted. A 0.1 percent decrease in average hourly earnings was more than offset by a 0.3 percent decrease in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings rose 0.3 percent over the month, as a result of the increase in real average hourly earnings combined with the unchanged average workweek. Since reaching a recent peak in October 2010, real average weekly earnings have fallen 1.4 percent.
Real average hourly earnings fell 2.0 percent, seasonally adjusted, from June 2010 to June 2011. A 0.6 percent increase in the average workweek combined with the decrease in real average hourly earnings resulted in a 1.3 percent decrease in real average weekly earnings during this period.
