Wednesday, January 16, 2013

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[IWS] BLS: REAL EARNINGS * DECEMBER 2012 [16 January 2013]

IWS Documented News Service

_______________________________

Institute for Workplace Studies----------------- Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor---------------------- Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

________________________________________________________________________

 

REAL EARNINGS * DECEMBER 2012 [16 January 2013]

http://www.bls.gov/news.release/realer.nr0.htm

or

http://www.bls.gov/news.release/pdf/realer.pdf

[full-text, 5 pages]

 

 

All employees

 

Real average hourly earnings for all employees rose 0.3 percent from November to December, seasonally

adjusted, the U.S. Bureau of Labor Statistics reported today. The increase in real average hourly earnings

was due to a 0.3 percent increase in average hourly earnings combined with an unchanged Consumer

Price Index for All Urban Consumers (CPI-U).

 

Real average weekly earnings rose 0.6 percent over the month due to the increase in real average hourly

earnings combined with a 0.3 percent increase in the average workweek. Since reaching a peak in June

2012, real average weekly earnings has edged down by 0.1 percent.

 

Real average hourly earnings rose 0.3 percent, seasonally adjusted, from December 2011 to December

2012. The increase in real average hourly earnings, combined with a 0.3 percent gain in the average

workweek, resulted in a 0.6 percent increase in real average weekly earnings over this period.

 

 

Production and nonsupervisory employees

 

Real average hourly earnings for production and nonsupervisory employees rose 0.3 percent from

November to December, seasonally adjusted. This change resulted from a 0.3 percent increase in average

hourly earnings combined with an unchanged Consumer Price Index for Urban Wage Earners and

Clerical Workers (CPI-W).

 

Real average weekly earnings rose 0.6 percent over the month. Since reaching a peak in October 2010,

real average weekly earnings for production and nonsupervisory employees has fallen 1.2 percent.

 

Real average hourly earnings were unchanged, seasonally adjusted, from December 2011 to December

2012. The unchanged real average hourly earnings, combined with a 0.3 percent increase in average

weekly hours, resulted in a 0.3 percent increase in real average weekly earnings over this period. 

 

Real Earnings for January 2013 is scheduled to be released on Thursday, February 21, 2013 at

8:30 a.m. (EST).

 

AND MORE...including TABLES....

 

 

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

 






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