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Real earnings up again in December 2012

January 18, 2013

Real average hourly earnings for all employees rose 0.3 percent from November to December, seasonally adjusted. The increase in real average hourly earnings resulted from a 0.3-percent increase in average hourly earnings combined with an unchanged Consumer Price Index for All Urban Consumers (CPI-U).

Over-the-month percentage change in real average hourly earnings for all employees and for production and nonsupervisory employees, seasonally adjusted, December 2011–December 2012
DateAll employeesProduction and nonsupervisory employees

Dec 2011

0.10.0

Jan 2012

-0.1-0.1

Feb 2012

-0.1-0.3

Mar 2012

-0.2-0.2

Apr 2012

0.10.2

May 2012

0.40.3

Jun 2012

0.30.2

Jul 2012

0.00.1

Aug 2012

-0.6-0.8

Sep 2012

-0.2-0.5

Oct 2012

-0.20.0

Nov 2012(p)

0.60.7

Dec 2012(p)

0.30.3

Footnotes:
(p) = preliminary.
 

Real average weekly earnings for all employees rose 0.6 percent over the month because of the increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek. Since reaching a peak in June 2012, real average weekly earnings have edged down by 0.1 percent.

Real average hourly earnings for production and nonsupervisory employees rose 0.3 percent from November to December, seasonally adjusted. This change resulted from a 0.3-percent increase in average hourly earnings combined with an unchanged Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

Real average weekly earnings for production and nonsupervisory employees rose 0.6 percent over the month. Since reaching a peak in October 2010, real average weekly earnings for production and nonsupervisory employees have fallen 1.2 percent.

These earnings data are from the Current Employment Statistics program. Earnings data for November and December are preliminary. To learn more, see “Real Earnings — December 2012” (HTML) (PDF), news release USDL-13-0058. 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 earnings data.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings up again in December 2012 at https://www.bls.gov/opub/ted/2013/ted_20130118.htm (visited November 03, 2024).

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