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Average hourly earnings for U.S. workers fell 0.4% in December

RP news wires

Real average hourly earnings for all employees fell 0.4 percent from November to December, seasonally adjusted, the U.S. Department of Labor’s Bureau of Labor Statistics reported on January 14. A 0.1 percent increase in average hourly earnings was more than offset by a 0.5 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings fell 0.4 percent over the month, as the average workweek remained unchanged and combined with the decline in real average hourly earnings.

Real average hourly earnings rose 0.4 percent, seasonally adjusted, from December 2009 to December 2010. A 1.5 percent increase in average weekly hours, combined with the increase in real average hourly earnings, resulted in a 1.9 percent increase in real average weekly earnings during this period.

Production and non-supervisory employees
Real average hourly earnings for production and non-supervisory employees fell 0.6 percent from November to December, seasonally adjusted. A 0.1 percent increase in average hourly earnings was more than offset by a 0.6 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

Real average weekly earnings fell 0.2 percent over the month, as a result of a 0.3 percent increase in the average workweek combined with the decrease in real average hourly earnings.

Real average hourly earnings rose 0.2 percent, seasonally adjusted, from December 2009 to December 2010. The increase in real average hourly earnings combined with a 1.2 percent increase in the average workweek, resulted in a 1.5 percent increase in real average weekly earnings during this period.

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