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
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Officials set hunting dates for birds; expands dove season by 20 days
- Ex-state employee gets jail time for embezzling from school
- Madison's Christmas on Ice will not take place this year
- SPECIAL REPORT: Land may hold key to Jackson airport’s success
- Ex-judge disciplined, but not barred, by Supreme Court
- Gunn: State's GOP needs to heal after Senate primary battle
- Bank welcomes Little
- USM Foundation sees second-highest fundraising total in history
- SPECIAL REPORT: A savvy pro is sought for Jackson airport's CEO