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U.S. Bureau of Labor releases real earnings for March

WASHINGTON (April 13, 2012) — Real average hourly earnings for all employees fell 0.1 percent from February 2012 to March 2012, seasonally adjusted, the U.S. Bureau of Labor Statistics reported Friday. A 0.2 percent increase in the average hourly earnings was more than offset by a 0.3 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings fell 0.4 percent over the month because of a 0.3 percent decline in the workweek combined with the decline in real average hourly earnings. Since reaching a peak in October 2010, real average weekly earnings has fallen 1.1 percent.

Real average hourly earnings fell 0.6 percent, seasonally adjusted, from March 2011 to March 2012. The decline in real average hourly earnings combined with a 0.6 percent increase in average weekly hours resulted in unchanged real average weekly earnings over this period.

Production and nonsupervisory employees

Real average hourly earnings for production and nonsupervisory employees fell 0.1 percent from February 2012 to March 2012, seasonally adjusted. A 0.2 percent increase in average hourly earnings was more than offset by a 0.3 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 because of the decline in real average hourly earnings and an unchanged workweek. Since reaching a peak in October 2010, real average weekly earnings for production and nonsupervisory employees has fallen 1.8 percent.

Real average hourly earnings fell 1.0 percent, seasonally adjusted, from March 2011 to March 2012. The decline in real average hourly earnings combined with a 0.6 percent increase in average weekly hours resulted in a 0.5 percent decrease in real average weekly earnings during this period.

Real earnings for April 2012 is scheduled to be released on Tuesday, May 15 at 8:30 a.m.