Real earnings in October 2012
November 19, 2012
Real average hourly earnings for all employees fell 0.2 percent from September to October, seasonally adjusted. Average hourly earnings were about unchanged, while the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent.
|Date||All employees||Production and nonsupervisory employees|
Real average weekly earnings for all employees fell 0.2 percent over the month because of the decrease in real average hourly earnings combined with an unchanged average workweek. Since reaching a peak in October 2010, real average weekly earnings have fallen 1.8 percent.
Real average hourly earnings for production and nonsupervisory employees fell 0.1 percent from September to October, seasonally adjusted. This change resulted from a 0.1-percent decrease in the average hourly earnings combined with a 0.1-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings for production and nonsupervisory employees fell 0.5 percent over the month. Since reaching a peak in October 2010, real average weekly earnings for production and nonsupervisory employees have fallen 2.9 percent.
These earnings data are from the Current Employment Statistics program. Earnings data for September and October are preliminary and subject to revision. To learn more, see “Real Earnings — October 2012” (HTML) (PDF), news release USDL-12-2260. The CPI-U and the CPI-W are produced by the Consumer Price Index program and are used to deflate the all employees and the production and nonsupervisory data.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings in October 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20121119.htm (visited February 01, 2015).
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