ABJ - June 20 - Real average hourly earnings for all employees rose 0.3 per cent from April to May, seasonally adjusted, according to the U.S. Bureau of Labor Statistics. The increase stems from a 0.1 per cent gain in average hourly earnings and a 0.3 per cent decline in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings rose 0.1 per cent over the month, due to the increase in real average hourly earnings combined with a 0.3 per cent decline in the average workweek. Since reaching a peak in October 2010, real average weekly earnings have fallen 1.1 per cent.

Real average hourly earnings fell 0.1 per cent, seasonally adjusted, from May 2011 to May of this year. The decline in real average hourly earnings combined with an unchanged workweek resulted in no change in real average weekly earnings during this period.

As a result of the increase in real average hourly earnings combined with an unchanged workweek, real average weekly earnings rose 0.4 per cent over the month. Since reaching a peak in October 2010, real average weekly earnings for production and nonsupervisory employees have fallen 1.6 per cent.