Real earnings in March 2012
April 17, 2012
Real average hourly earnings for all employees fell 0.1 percent from February 2012 to March 2012, seasonally adjusted. A 0.2-percent increase in average hourly earnings was more than offset by a 0.3-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings fell 0.4 percent in March, resulting from a 0.3-percent decline in the workweek combined with the decline in real average hourly earnings. Since reaching a peak in October 2010, real average weekly earnings have fallen 1.1 percent.
Over the year—March 2011 to March 2012—real average hourly earnings fell 0.6 percent, seasonally adjusted. Real average weekly earnings over the year were unchanged, as the decline in hourly earnings offset a 0.6-percent increase in average weekly hours.
These earnings data are from the Current Employment Statistics program. Earnings data for February and March are preliminary and subject to revision. To learn more, see "Real Earnings – March 2012" (HTML) (PDF), news release USDL-12-0667.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings in March 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120417.htm (visited December 22, 2014).