∙ U.S. Average Real Hourly Earnings Up Only 0.3% in Year

---

Hourly Earnings Change for Year: The average hourly pay in the U.S. in June 2012 was $23.50, up 2.0% from June 2011. However, after accounting for the effects of inflation, real average hourly earnings were $10.28 [1982 dollars] compared to $10.25 in the same month a year ago…a 0.3% increase. Weekly Earnings Change for Year: The average weekly pay in the U.S. in June 2012 was $810.75, up 2.2% from Junee 2011. However, after accounting for the effects of inflation, real weekly earnings were $354.63 [1982 dollars] compared to $352.52 in the same month a year ago…a 0.6% increase. Hourly Earnings Change for Month: Real average hourly earnings for all employees rose 0.2 percent from May to June, seasonally adjusted. This change resulted from a 0.3 percent increase in average hourly earnings combined with an unchanged Consumer Price Index for All Urban Consumers (CPI-U). Weekly Earnings Change for Month: Real average weekly earnings rose 0.5 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 October 2010, real average weekly earnings have fallen 0.5 percent. Source: USDOL

---