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.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- Yarber could be sworn in today as new Jackson mayor
- After review, MSU moves forward on new research facility
- Ole Miss launches commitment to be 'climate neutral'
- Pharma Pac lays off rest of workers; could end up owing state
- SpaceX, Stennis officially open new rocket test stand
- Acco Brands investing $1.6M, adding 162 workers
- Gulf LNG terminal mulling export opportunities
- Secretary of State's Office transitioning to new location