Average U.S. Hourly Wage Dropped in September, Has Been Virtually Flat for a Year, Says Labor Department
(CNSNews.com) - The inflation-adjusted average hourly earnings for all U.S. employees dropped in September by 0.1 percent, the Bureau of Labor Statistic (BLS) reported today.
In fiscal year 2010, the average hourly wage in the United States remained virtually flat, increasing by only one half of one percent from September 2009 to September 2010.
At the same time, according to the BLS, Americans earning an hourly wage worked, on average, 1.2 percent longer each week in September 2010 than they did in September 2009, managing by that means (combined with the 0.5 percent increase in their average hourly wage since September 2009) to increase their average weekly earnings by a total of 1.7 percent over the past year.