U.S. workers see earnings rise
Real average hourly earnings for all employees rose 0.1 percent from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reports. This increase stems from a 0.1 percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U) while average hourly earnings remained unchanged.
Real average weekly earnings rose 0.4 percent over the month, as a result of a 0.3 percent increase in the average workweek combining with the increase in real average hourly earnings. Over the past six months, real average weekly earnings have risen by 1.2 percent.
Real average hourly earnings fell 0.6 percent, seasonally adjusted, from April 2009 to April 2010. The decline in real average hourly earnings, combined with a 0.6 percent increase in average weekly hours, resulted in essentially no change in real average weekly earnings during this period.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Jackson’s Landmark Center slated for mixed-use conversion
- ANITA MODAK-TRURAN — Mississippi’s motion picture renaissance
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- Race to the pump: Feds appear ready to beat state on new gas taxes
- Senate transportation chair seeks emergency money for roads, bridges
- 3 dozen groups OK'd for Miss. specialty car tags
- Nehi Bottling Company has been a Cleveland fixture for 85 years
- Challenging times ahead for Pearl’s manufactured home residents, apartment complex owners
- Irby commits suicide after wife's prison release