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TEXT Table A. Table 1. Composition of change in real earnings (production or Earnings of production or nonsupervisory workers on private Table 2. Earnings of prodution or nonsupervisory workers on private nonfarm payrolls1/, seasonally adjusted Table 3. Revised seasonally adjusted average hourly and weekly earnings of Technical information: (202) 606-6555 Media contact: 606-5902 USDL 95-90 WIRE EMBARGO UNTIL 10:00 A.M. (EST) THURSDAY, MARCH 16, 1995 REAL EARNINGS IN FEBRUARY 1995 Real average weekly earnings declined by 1.4 percent from January to February after seasonal adjustment, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor. This decline was due to a drop of 1.1 percent in average weekly hours along with a 0.3 percent rise in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Average hourly earnings were unchanged in February. Data on average weekly earnings are collected from the payroll reports of private nonfarm establishments. Earnings of both full-time and part-time workers holding production or nonsupervisory jobs are included. Real average weekly earnings are calculated by adjusting earnings in current dollars for changes in the CPI-W. Average weekly earnings rose by 3.2 percent between February of 1994 and 1995 as a result of a 2.6 percent increase in average hourly earnings and a 0.6 percent increase in average weekly hours. After adjustment for a 3.0 percent gain in the CPI-W over the same period, real average weekly earnings rose by 0.3 percent. Before adjustment for seasonal change and deflation by the CPI-W, average weekly earnings were $388.17 in February 1995, compared with $376.04 a year earlier. _____________________________ Real Earnings for March 1995 will be released on Wednesday, April 12, 1995. Table A. Composition of change in real earnings (production or nonsupervisory workers on private nonfarm payrolls) ________________________________________________________________ | | | | The | Real Year |Average | Average |Average |Consumer |average and | hourly | weekly | weekly | Price | weekly month |earnings | hours |earnings |Index 1/ |earnings _ | | | | | ________________________________________________________________ Percent change from preceding month, seasonally adjusted ________________________________________________________________ 1994: | | | | | Feb. | 0.1 | -1.4 | -1.3 | 0.2 | -1.5 Mar. | -.1 | .9 | .8 | .2 | .6 Apr. | .3 | .3 | .6 | .2 | .4 May | .4 | .3 | .6 | .1 | .5 June | -.1 | -.6 | -.7 | .3 | -1.0 July | .3 | .0 | .3 | .4 | -.1 Aug. | .2 | -.6 | -.4 | .3 | -.7 Sept. | .4 | .6 | .9 | .2 | .7 Oct. | .7 | .9 | 1.6 | .1 | 1.5 Nov. | -.2 | -.9 | -1.0 | .2 | -1.2 Dec. | .2 | .0 | .2 | .2 | (2) 1995: | | | | | Jan. p | .5 | .9 | 1.4 | .3 | 1.1 Feb. p | .0 | -1.1 | -1.1 | .3 | -1.4 | | | | | ________________________________________________________________ Percent change from same month a year ago ________________________________________________________________ 1994: | | | | | Feb. | 2.8 | -0.3 | 2.5 | 2.3 | 0.1 Mar. | 2.3 | 1.2 | 3.5 | 2.3 | 1.2 Apr. | 2.6 | .9 | 3.5 | 2.2 | 1.3 May | 2.5 | .3 | 2.8 | 2.1 | .7 June | 2.5 | .6 | 3.1 | 2.4 | .6 July | 2.7 | .3 | 3.0 | 2.6 | .3 Aug. | 2.4 | -.6 | 1.8 | 2.9 | -1.0 Sept. | 2.7 | .6 | 3.3 | 3.0 | .3 Oct. | 2.9 | .9 | 3.8 | 2.6 | 1.2 Nov. | 2.7 | .0 | 2.7 | 2.7 | (2) Dec. | 2.7 | .0 | 2.7 | 2.7 | (2) 1995: | | | | | Jan. p | 2.6 | .3 | 2.9 | 2.9 | (2) Feb. p | 2.6 | .6 | 3.2 | 3.0 | .3 | | | | | ________________________________________________________________ 1/ The deflator for the for Urban Wage Earners and _ constant dollar series presentClerical Workers (CPI-W). ed in this release is derived 2/ Less than 0.05 percent. _ from the Consumer Price Index p = preliminary. Table 1. Earnings of production or nonsupervisory workers on private nonfarm payrolls in current and constant dollars1/ by industry _______________________________________________________________________ | | | Average | Industry | | hourly earnings | | _________________________________________ | Feb. | Jan. | Feb. |Percent change | | 1994 | 1995p | 1995p |Feb. 1994 | | | | |Feb. 1995 | _______________________________________________________________________ | | | | | Total private: 2/ | | | | | _ Current dollars............|$11.06 |$11.35 |$11.35 | 2.6 | Constant (1982) dollars....| 7.44 | 7.44 | 7.42 | -.3 | | | | | | Mining: | | | | | Current dollars............| 14.92 | 15.19 | 15.20 | 1.9 | Constant (1982) dollars....| 10.04 | 9.96 | 9.93 | -1.1 | | | | | | Construction: | | | | | Current dollars............| 14.45 | 14.69 | 14.84 | 2.7 | Constant (1982) dollars....| 9.72 | 9.63 | 9.70 | -.2 | | | | | | Manufacturing: | | | | | Current dollars............| 12.00 | 12.23 | 12.25 | 2.1 | Constant (1982) dollars....| 8.08 | 8.02 | 8.01 | -.9 | | | | | | Transportation and | | | | | public utilities: | | | | | Current dollars............| 13.85 | 14.12 | 14.05 | 1.4 | Constant (1982) dollars....| 9.32 | 9.26 | 9.18 | -1.5 | | | | | | Wholesale trade: | | | | | Current dollars............| 11.93 | 12.28 | 12.27 | 2.8 | Constant (1982) dollars....| 8.03 | 8.05 | 8.02 | -.1 | | | | | | Retail trade: | | | | | Current dollars............| 7.45 | 7.64 | 7.65 | 2.7 | Constant (1982) dollars....| 5.01 | 5.01 | 5.00 | -.2 | | | | | | Finance, insurance, | | | | | and real estate: | | | | | Current dollars............| 11.77 | 12.17 | 12.18 | 3.5 | Constant (1982) dollars....| 7.92 | 7.98 | 7.96 | .5 | | | | | | Services: | | | | | Current dollars............| 11.05 | 11.40 | 11.38 | 3.0 | Constant (1982) dollars....| 7.44 | 7.48 | 7.44 | .0 | | | | | | | | | | | _______________________________________________________________________ _________________________________________________________________________ | | Average | weekly earnings | ____________________________________________ | Feb. | Jan. | Feb. |Percent change | 1994 | 1995p | 1995p |Feb. 1994 | | | |Feb. 1995 _________________________________________________________________________ | | | | Total private: 2/ | | | | _ Current dollars............|$376.04 |$390.44 |$388.17 | 3.2 Constant (1982) dollars....| 253.06 | 256.03 | 253.71 | .3 | | | | Industry Mining: | | | | Current dollars............| 652.00 | 683.55 | 680.96 | 4.4 Constant (1982) dollars....| 438.76 | 448.23 | 445.07 | 1.4 | | | | Construction: | | | | Current dollars............| 521.65 | 553.81 | 549.08 | 5.3 Constant (1982) dollars....| 351.04 | 363.15 | 358.88 | 2.2 | | | | Manufacturing: | | | | Current dollars............| 490.80 | 513.66 | 510.83 | 4.1 Constant (1982) dollars....| 330.28 | 336.83 | 333.88 | 1.1 | | | | Transportation and | | | | public utilities: | | | | Current dollars............| 545.69 | 557.74 | 550.76 | .9 Constant (1982) dollars....| 367.22 | 365.73 | 359.97 | -2.0 | | | | Wholesale trade: | | | | Current dollars............| 452.15 | 469.10 | 466.26 | 3.1 Constant (1982) dollars....| 304.27 | 307.61 | 304.75 | .2 | | | | Retail trade: | | | | Current dollars............| 209.35 | 215.45 | 214.97 | 2.7 Constant (1982) dollars....| 140.88 | 141.28 | 140.50 | -.3 | | | | Finance, insurance, | | | | and real estate: | | | | Current dollars............| 421.37 | 441.77 | 433.61 | 2.9 Constant (1982) dollars....| 283.56 | 289.69 | 283.41 | -.1 | | | | Services: | | | | Current dollars............| 355.81 | 370.50 | 367.57 | 3.3 Constant (1982) dollars....| 239.44 | 242.95 | 240.24 | .3 | | | | | | | | _________________________________________________________________________ 1/ The deflator for the constant dollar series presented insurance, _ in this release is derived from the Consumer Price Index for this Urban Wage Earners and Clerical Workers (CPI-W). jobs 2/ Data relate to the earnings of production and related _ workers in mining and manufacturing; construction workers in construction; and nonsuperisory workers in transportation and public utilities, trade, finance, and real estate, and services. Included in group are approximately four-fifths of all on private industry payrolls. p = preliminary. Table 2. Earnings of prodution or nonsupervisory workers on private nonfarm payrolls1/, seasonally adjusted _ _______________________________________________________________________________________________________________ ____________________ | | | 1994 | 1995 Earnings | | _______________________________________________________________________________________________________ | | | | | | | | | | | | | | Feb. | Mar. | Apr. | May | June | July | Aug. | Sept. | Oct. | Nov. | Dec. |Jan. p |Feb. p | | | | | | | | | | | | | _______________________________________________________________________________________________________________ _____________________ | | | | | | | | | | | | | Average hourly earnings: | | | | | | | | | | | | | Current dollars...........| $11.03| $11.02| $11.05| $11.09| $11.08| $11.11| $11.13| $11.17| $11.25| $11.23| $11.25| $11.31| $11.31 Constant (1982) dollars2/.| 7.42| 7.40| 7.40| 7.42| 7.39| 7.38| 7.37| 7.38| 7.42| 7.39| 7.39| 7.41| 7.39 _ | | | | | | | | | | | | | Average weekly earnings: | | | | | | | | | | | | | Current dollars...........| 378.33| 381.29| 383.44| 385.93| 383.37| 384.41| 382.87| 386.48| 392.63| 388.56| 389.25| 394.72| 390.20 Constant (1982) dollars2/.| 254.43| 255.90| 256.83| 258.15| 255.58| 255.25| 253.39| 255.27| 258.99| 255.80| 255.75| 258.49| 254.87 _ | | | | | | | | | | | | | | | | | | | | | | | | | | _______________________________________________________________________________________________________________ _____________________ 1/ See footnote 2, table 1. (CPI-W). _ 2/ The deflator for the constant dollar series presented _ in this release is derived from the Consumer Price Index for Urban Wage Earners and Clerical Workers p = preliminary. Table 3. Revised seasonally adjusted average hourly and weekly earnings of production or nonsupervisory workers on private nonfarm payrolls1/ in constant (1982) dollars ___________________________________________________________________________ | | Average hourly earnings Year | ___________________________________________________________ | | | | | | | Jan. | Feb. | Mar. | Apr. | May | June | | | | | | ___________________________________________________________________________ | | | | | | 1990...........| $7.55 | $7.57 | $7.56 | $7.57 | $7.58 | $7.57 1991...........| 7.41 | 7.43 | 7.44 | 7.45 | 7.45 | 7.47 1992...........| 7.42 | 7.44 | 7.43 | 7.42 | 7.42 | 7.42 1993...........| 7.39 | 7.38 | 7.40 | 7.37 | 7.38 | 7.38 1994...........| 7.43 | 7.42 | 7.40 | 7.40 | 7.42 | 7.39 | | | | | | ___________________________________________________________ | | | | | | | July | Aug. | Sept. | Oct. | Nov. | Dec. | | | | | | ___________________________________________________________ | | | | | | 1990...........| 7.56 | 7.49 | 7.48 | 7.43 | 7.43 | 7.43 1991...........| 7.46 | 7.47 | 7.47 | 7.46 | 7.43 | 7.44 1992...........| 7.41 | 7.43 | 7.40 | 7.40 | 7.41 | 7.38 1993...........| 7.38 | 7.39 | 7.40 | 7.39 | 7.40 | 7.40 1994...........| 7.38 | 7.37 | 7.38 | 7.42 | 7.39 | 7.39p | | | | | | ___________________________________________________________ | | Average weekly earnings | ___________________________________________________________ | | | | | | | Jan. | Feb. | Mar. | Apr. | May | June | | | | | | ___________________________________________________________ | | | | | | 1990...........| $260.41 | $261.26 | $260.85 | $262.00 | $261.38 | $261.79 1991...........| 253.51 | 254.01 | 254.57 | 254.08 | 254.83 | 257.75 1992...........| 254.51 | 256.61 | 256.44 | 254.40 | 256.08 | 254.60 1993...........| 254.32 | 253.86 | 252.97 | 253.59 | 256.22 | 253.83 1994...........| 258.42 | 254.43 | 255.90 | 256.83 | 258.15 | 255.58 | | | | | | ___________________________________________________________ | | | | | | | July | Aug. | Sept. | Oct. | Nov. | Dec. | | | | | | ___________________________________________________________ | | | | | | 1990...........| 261.65 | 257.81 | 258.67 | 254.24 | 254.92 | 256.42 1991...........| 255.14 | 256.08 | 256.83 | 255.71 | 254.86 | 256.10 1992...........| 254.12 | 256.28 | 253.85 | 254.42 | 256.32 | 253.10 1993...........| 254.63 | 255.79 | 254.43 | 255.07 | 255.93 | 255.14 1994...........| 255.25 | 253.39 | 255.27 | 258.99 | 255.80 | 255.75p | | | | | | ___________________________________________________________________________ 1/ Data relate to the earnings of production and related workers in ining and manufacturing; construction workers in construction; and nonsupervisory workers in transportation and public utilities; wholesale and retail trade; finance, insurance, and real estate; and services. NOTE: These data have been revised to reflect the seasonal experience in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from January 1990 through December 1994.