U.S. Real Earnings Fell In March

Did you feel a little less flush in March? You weren't alone.

On a seasonally adjusted basis, real average weekly earnings fell by three-tenths of a percent last month, the U.S. Department of Labor reported on April 20.

According to its data, a six-tenth percent increase in the Consumer Price Index for urban wage earners and clerical workers more than offset a three-tenths percent increase in average hourly earnings. Average weekly hours were unchanged from February.

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