Real hourly earnings fall 1.6 percent over the year

November 23, 2011

Real average hourly earnings fell 1.6 percent, seasonally adjusted, from October 2010 to October 2011.

Over-the-year percentage change in real average hourly and weekly earnings of all employees on private nonfarm payrolls, seasonally adjusted, October 2011
[Chart data]

An unchanged average workweek combined with the decline in real average hourly earnings resulted in a 1.7-percent decrease in real average weekly earnings during the October 2010–October 2011 period.

Over the month, from September to October, real average hourly earnings for all employees rose 0.3 percent, seasonally adjusted. Real average weekly earnings rose 0.3 percent over the month, as a result of the increase in real average hourly earnings combined with the unchanged average workweek.

These earnings data are from the Current Employment Statistics program. Earnings data for the most recent two months are preliminary and subject to revision. For more information, see "Real Earnings — October 2011" (HTML) (PDF), news release USDL-11-1645.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real hourly earnings fall 1.6 percent over the year on the Internet at http://www.bls.gov/opub/ted/2011/ted_20111123.htm (visited December 18, 2014).

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