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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.