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Real Average Earnings Fall in September

October 19 2011

Real average hourly earnings for all employees fell 0.1 percent in September from August, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. The BLS said a 0.3 percent increase in the consumer price index for all urban consumers contributed to the decline in real earnings.

On a weekly basis, real average earnings rose 0.2 percent over the month, as a result of 0.3 percent increase in the average workweek and the decrease in real average hourly earnings. Since its peak in October 2010, real average weekly earnings have fallen 2.0 percent.

Year-over-year, real average hourly earnings fell by 1.9 percent, seasonally adjusted, in September.

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