Real Earnings Rise According to BLS Report
05/19/2010
Real average weekly earnings grew by 0.4 percent in April, due to a 0.3 percent increase in the number of hours employees worked each week. Real average weekly earnings have grown by 1.2 percent combined over the past six months. However, on a yearly basis from last April to 2010, real average hourly earnings dropped 0.6 percent. But as hours worked per week rose by the same percentage, it resulted in no change in the value of earnings.
Production and nonsupervisory employees saw their real average hourly earnings increased by 0.3 percent over the past month. However, those gains were tempered slightly by a 0.1 percent drop in the Consumer Price Index for Urban Wage Earners and Clerical Workers. Real average weekly earnings in this category rose by 0.7 percent over the month, and 1.5 percent since last June 2009.
Project Announcements
JDSAT Expands Fairfax County, Virginia, Operations
04/25/2024
Trussworks Mid-America Plans Jackson, Missouri, Manufacturing Operations
04/25/2024
Epic Flight Academy Establishes Hebron, Kentucky, Operations
04/25/2024
EPC-Columbia Expands Lebanon, Kentucky, Plastic Injection Molding Operations
04/25/2024
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024