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Thursday, November 17, 2011

US Real Earnings OCTOBER 2011

November 16, 2011 - Real average hourly earnings for all employees rose 0.3 percent from September to October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This increase stems from a 0.2 percent increase in average hourly earnings and a 0.1 percent decline in the Consumer Price Index for All Urban Consumers (CPI-U).

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.

Real average hourly earnings fell 1.6 percent, seasonally adjusted, from October 2010 to October 2011. An unchanged average workweek combined with the decline in real average hourly earnings resulted in a 1.7 percent decrease in real average weekly earnings during the same period.

The PDF version of the news release

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