Real earnings in January 2012
February 22, 2012
Real average hourly earnings for all employees on private nonfarm payrolls were unchanged from December 2011 to January 2012, seasonally adjusted. A 0.2-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U) offset a 0.2-percent increase in the average hourly earnings.
Real average weekly earnings were unchanged over the month, as a result of both the real average hourly earnings and the average workweek remaining unchanged. Real average weekly earnings in January 2012 were 0.9 percent below their October 2010 peak.
Real average hourly earnings were 1.0 percent lower in January 2012 than a year earlier on a seasonally adjusted basis. A 0.6-percent increase in the average workweek, combined with the decline in real average hourly earnings, resulted in a 0.4-percent decrease in real average weekly earnings over the year.
These earnings data are from the Current Employment Statistics program. Earnings data for December and January are preliminary and subject to revision. To learn more, see "Real Earnings — January 2012" (HTML) (PDF), news release USDL-12-0268.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings in January 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20120222.htm (visited October 06, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.