April 20, 2011 (The Editor’s Desk is updated each business day.)
Real earnings decline in March 2011
Real average hourly earnings for all employees declined by 0.6 percent from February to March, seasonally adjusted. This decrease stemmed from the 0.5-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
[Chart data]
Real average weekly earnings declined by 0.5 percent over the month, as a result of the decrease in real average hourly earnings combined with no change in the average workweek.
Real average hourly earnings fell by 1.0 percent, seasonally adjusted, from March 2010 to March 2011. A 0.6-percent increase in average weekly hours combined with the decrease in real average hourly earnings resulted in a 0.4-percent decrease in real average weekly earnings during this period.
These earnings data are from the Current Employment Statistics program. Earnings data for February 2011 and March 2011 are preliminary and subject to revision. To learn more, see "Real Earnings — March 2011" (HTML) (PDF), news release USDL-11-0515.
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