Real earnings up again in December 2012
January 18, 2013
Real average hourly earnings for all employees rose 0.3 percent from November to December, seasonally adjusted. The increase in real average hourly earnings resulted from a 0.3-percent increase in average hourly earnings combined with an unchanged Consumer Price Index for All Urban Consumers (CPI-U).
|Date||All employees||Production and nonsupervisory employees|
Real average weekly earnings for all employees rose 0.6 percent over the month because of the increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek. Since reaching a peak in June 2012, real average weekly earnings have edged down by 0.1 percent.
Real average hourly earnings for production and nonsupervisory employees rose 0.3 percent from November to December, seasonally adjusted. This change resulted from a 0.3-percent increase in average hourly earnings combined with an unchanged Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Real average weekly earnings for production and nonsupervisory employees rose 0.6 percent over the month. Since reaching a peak in October 2010, real average weekly earnings for production and nonsupervisory employees have fallen 1.2 percent.
These earnings data are from the Current Employment Statistics program. Earnings data for November and December are preliminary. To learn more, see “Real Earnings — December 2012” (HTML) (PDF), news release USDL-13-0058. The CPI-U and the CPI-W are produced by the Consumer Price Index program and are used to deflate the all employees and the production and nonsupervisory earnings data.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings up again in December 2012 on the Internet at http://www.bls.gov/opub/ted/2013/ted_20130118.htm (visited December 19, 2014).
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