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Slight increase in hourly earnings, reports Labor Bureau

ABJ - July 26 - Real average hourly earnings for all employees rose 0.2 per cent from May to June, seasonally adjusted, according to the U.S. Bureau of Labor Statistics. This change resulted from a 0.3 per cent increase in average hourly earnings combined with an unchanged Consumer Price Index for All Urban Consumers.

Real average weekly earnings rose 0.5 per cent over the month due to the increase in real average hourly earnings combined with a 0.3 per cent increase in the average workweek. Since reaching a peak in October 2010, real average weekly earnings have fallen 0.5 per cent.

Real average hourly earnings rose 0.3 per cent, seasonally adjusted, from June 2011 to June of this year. The increase in real average hourly earnings combined with a 0.3 per cent increase in the average workweek resulted in a 0.6 per cent increase in real average weekly earnings during this period.

Real average hourly earnings for production and non-supervisory employees rose 0.2 per cent from May to June, seasonally adjusted. This change resulted from a 0.3 per cent increase in average hourly earnings combined with an unchanged Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

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