Real earnings up in November 2012
December 18, 2012
Real average hourly earnings for all employees rose 0.5 percent from October to November, seasonally adjusted. This change resulted from a 0.2-percent increase in average hourly earnings combined with a 0.3-percent decline in the Consumer Price Index for All Urban Consumers (CPI-U).
|Date||All employees||Production and nonsupervisory employees|
Real average weekly earnings increased 0.5 percent over the month because of the increase in real average hourly earnings, combined with an unchanged average workweek. Since reaching a peak in June 2012, real average weekly earnings have fallen 0.8 percent.
Real average hourly earnings for production and nonsupervisory employees rose 0.6 percent from October to November, seasonally adjusted. This change resulted from a 0.2-percent increase in average hourly earnings combined with a 0.5-percent decline in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings for production and nonsupervisory employees rose 0.9 percent over the month. Since reaching a peak in October 2010, real average weekly earnings for production and nonsupervisory employees have fallen 2.0 percent.
These earnings data are from the Current Employment Statistics program. Earnings data for October and November are preliminary. To learn more, see “Real Earnings – November 2012” (HTML) (PDF), news release USDL-12-2409. 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 up in November 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20121218.htm (visited November 28, 2014).
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