• U.S. Workers Pay Declined in Real Value – August 2012

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Change From July Hourly Earnings: Real average hourly earnings for all employees fell 0.7 percent from July to August, seasonally adjusted. This decline resulted from unchanged average hourly earnings combined with a 0.6 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). Click on chart to enlarge Weekly Earnings: Real average weekly earnings fell 0.6 percent over the month due to the decline in real average hourly earnings combined with an unchanged average workweek. Since reaching a peak in October 2010, real average weekly earnings have fallen 1.3 percent. Change From August 2011: Real average hourly earnings were unchanged, seasonally adjusted, from August 2011 to August 2012. The unchanged real average hourly earnings, combined with a 0.3 percent increase in the average workweek, resulted in a 0.3 percent increase in real average weekly earnings over this period.” Source: USDOL-BLS

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