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The 99%, the Non-Ceo Employment Sector, Got No Pay Rises in April.
May 15, 2012
Real average hourly earnings , and average weekly wages and inflation were all at 0% change over teh previous month. No pay rises for the 99%. Its better than getting laid off!
Real average hourly earnings for all employees was unchanged from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today, U.S. Bureau of Labor Statistics reported.
This stems from no change in both the Consumer Price Index for All Urban Consumers (CPI-U) and average hourly earnings.
By the way how do US CEO salaries compare to the average worker and overseas CEO's? Click here for a shameful graph.
Real average weekly earnings was unchanged over the month, as a result of no change in both the real average hourly earnings and the average workweek. Since reaching a peak in October 2010, real average weekly earnings have fallen 1.2 percent.
Source: US Department of Labor
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