Real earnings in July 2012
August 17, 2012
Real average hourly earnings for all employees were unchanged from June to July, seasonally adjusted. This result stems from a 0.1-percent increase in average hourly earnings combined with no change in the Consumer Price Index for All Urban Consumers.
Real average weekly earnings also were unchanged in July, as both real average hourly earnings and the average workweek remained unchanged. Since reaching a peak in October 2010, real average weekly earnings have fallen 0.4 percent.
Over the year (July 2011 to July 2012), real average hourly earnings rose 0.2 percent, seasonally adjusted. The increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek resulted in a 0.6-percent increase in real average weekly earnings over this period.
These earnings data are from the Current Employment Statistics program. Earnings data for June and July are preliminary and subject to revision. To learn more, see "Real Earnings — July 2012" (HTML) (PDF), news release USDL-12-1647. The Consumer Price Index for All Urban Consumers from the Consumer Price Indexes program is used to deflate the all employees earnings data.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings in July 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120817.htm (visited October 24, 2014).
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