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Real Average Earnings Fall in April

May 13 2011

Real average hourly earnings for all employees declined 0.3 percent from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. The BLS said a 0.4 percent increase in the consumer price index for all urban consumers contributed to the decline.

On a weekly basis, real average earnings fell 0.3 percent over the month because real average hourly earnings fell while the average workweek remained unchanged. Since reaching a recent peak in October 2010, real average weekly earnings have fallen by 1.7 percent.

On a year-over-year basis, real average hourly earnings fell by 1.2 percent in April, seasonally adjusted. A 0.6 percent increase in average weekly hours combined with the decrease in real average hourly earnings resulted in a 0.6 percent decrease in real average weekly earnings during this period.

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