August 22, 2011 (The Editor’s Desk is updated each business day.)
Real average hourly earnings down 1.3 percent over the year
Real average hourly earnings for all employees fell 1.3 percent, seasonally adjusted, from July 2010 to July 2011. A 0.3-percent increase in average weekly hours combined with the decrease in real average hourly earnings resulted in a 1.0-percent decrease in real average weekly earnings during this period.
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From June to July, real average hourly earnings fell 0.1 percent, seasonally adjusted. A 0.4-percent increase in average hourly earnings was more than offset by a 0.5-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).
Real average weekly earnings fell 0.1 percent over the month, as a result of the decrease in real average hourly earnings, while average weekly hours remained unchanged. Since reaching a peak in October 2010, real average weekly earnings have fallen 1.3 percent.
These earnings data are from the Current Employment Statistics program. Earnings data for June and July are preliminary and subject to revision. To learn more, see "Real Earnings — July 2011" (HTML) (PDF), news release USDL-11-1230.
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