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BLS: Real Earnings – January 2010

News release: “Real average hourly earnings was unchanged from December 2009 to January 2010, seasonally adjusted, the Bureau of Labor Statistics reported today. A 0.2 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U) was offset by a 0.2 percent increase in average hourly earnings for all employees. Real average weekly earnings grew 0.3 percent over the month, as a result of a 0.3 percent increase in the average work week and no change in real average hourly earnings. Over the past 6 months, real average weekly earnings are essentially unchanged. Real average hourly earnings fell 0.6 percent, seasonally adjusted, from January 2009 to January 2010. A 0.9 percent decline in average weekly hours combined with the decrease in real average hourly earnings resulted in a 1.5 percent decrease in real average weekly earnings during this period.”

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