∙ U.S. Average Hourly Pay Fell 0.1% in Last 12 Months

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Real average hourly earnings for all employees rose 0.3 percent from April to May, seasonally adjusted. The increase stems from a 0.1 percent gain in average hourly earnings and a 0.3 percent decline in the Consumer Price Index for All Urban Consumers (CPI- U). Real average hourly earnings fell 0.1 percent, seasonally adjusted, from May 2011 to May 2012. The decline in real average hourly earnings combined with an unchanged workweek, resulted in no change in real average weekly earnings during this period. Since reaching a peak in October 2010, real average weekly earnings have fallen 1.1 percent. Source: USDOL

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