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US average hourly earnings rise by 2c

US average hourly earnings rise by 2c

US average hourly earnings for all employees on private non-farm payrolls edged up by 2 cents to $23.41 in May, according to US Bureau of Labor Statistics.

Average hourly earnings have increased by 1.7% over the past 12 months.

In May, average hourly earnings of private-sector production and non-supervisory employees edged down by 1 cent to $19.70.

Story provided by StockMarketWire.com

01/06/2012