Full text of Real Earnings : July 1994, USDL 94-402 : July 1994

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Table 1. 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 94-402

WIRE EMBARGO UNTIL
10:00 A.M. (EDT) FRIDAY,
AUGUST 12, 1994

REAL EARNINGS IN JULY 1994
Real average weekly earnings were unchanged from June
to July after seasonal adjustment, according to preliminary data
released today by the Bureau of Labor Statistics of the U.S. Department
of Labor. An increase of 0.4 percent in average hourly earnings
was offset by a 0.4 percent rise in the Consumer Price Index for Urban
Wage Earners and Clerical Workers (CPI-W). Average weekly hours were
unchanged in July.
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 3.0 percent between July
of 1993 and 1994 as a result of a 2.7 percent increase in average
hourly earnings and a 0.3 percent increase in average weekly hours.
After adjustment for a 2.6 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 $385.30 in July 1994, compared
with $374.10 a year earlier.

_____________________________

Real Earnings for August 1994 will be released on Tuesday,
September 13, 1994.

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
________________________________________________________________
1993:
|
|
|
|
|
July
|
0.1
|
0.3
|
0.4
|
0.1
|
0.2
Aug.
|
.4
|
.3
|
.7
|
.1
|
.5
Sept.
|
.2
|
-.6
|
-.4
|
.1
|
-.5
Oct.
|
.4
|
.3
|
.7
|
.4
|
.3
Nov.
|
.2
|
.3
|
.5
|
.2
|
.3
Dec.
|
.2
|
-.3
|
-.1
|
.1
|
-.2
1994:
|
|
|
|
|
Jan.
|
.5
|
.9
|
1.4
|
.1
|
1.4
Feb.
|
.1
| -1.4
| -1.3
|
.2
| -1.5
Mar.
|
-.1
|
.9
|
.8
|
.3
|
.4
Apr.
|
.3
|
.3
|
.6
|
.1
|
.4
May
|
.4
|
.3
|
.6
|
.1
|
.5
June p
|
-.1
|
-.6
|
-.7
|
.3
| -1.0
July p
|
.4
|
.0
|
.4
|
.4
|
(2)
|
|
|
|
|
________________________________________________________________
Percent change from same month a year ago
________________________________________________________________
1993:
|
|
|
|
|
July
|
2.3
|
0.6
|
2.9
|
2.7
|
0.2
Aug.
|
2.2
|
.6
|
2.8
|
2.6
|
.1
Sept.
|
2.4
|
.6
|
3.0
|
2.5
|
.5
Oct.
|
2.5
|
.6
|
3.1
|
2.7
|
.5
Nov.
|
2.3
|
.0
|
2.3
|
2.6
|
-.2
Dec.
|
2.6
|
.6
|
3.2
|
2.5
|
.7
1994:
|
|
|
|
|
Jan.
|
2.8
|
.9
|
3.7
|
2.4
|
1.3
Feb.
|
2.8
|
-.3
|
2.5
|
2.3
|
.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 p
|
2.5
|
.6
|
3.1
|
2.4
|
.6
July p
|
2.7
|
.3
|
3.0
|
2.6
|
.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

|
|

hourly earnings

|

|
|
_________________________________________
| July | June | July |Percent change |
| 1993 | 1994p | 1994p |July 1993 |
|
|
|
|July 1994
|
_______________________________________________________________________
|
|
|
|
|
Total private: 2/
|
|
|
|
|
_
Current dollars............|$10.75 |$11.03 |$11.04 |
2.7
|
Constant (1982) dollars....| 7.33 | 7.35 | 7.34 |
.1
|
|
|
|
|
|
Mining:
|
|
|
|
|
Current dollars............| 14.49 | 14.71 | 14.72 |
1.6
|
Constant (1982) dollars....| 9.88 | 9.80 | 9.78 |
-1.0
|
|
|
|
|
|
Construction:
|
|
|
|
|
Current dollars............| 14.37 | 14.57 | 14.76 |
2.7
|
Constant (1982) dollars....| 9.80 | 9.71 | 9.81 |
.1
|
|
|
|
|
|
Manufacturing:
|
|
|
|
|
Current dollars............| 11.72 | 12.02 | 12.03 |
2.6
|
Constant (1982) dollars....| 7.99 | 8.01 | 7.99 |
.0
|
|
|
|
|
|
Transportation and
|
|
|
|
|
public utilities:
|
|
|
|
|
Current dollars............| 13.63 | 13.73 | 13.83 |
1.5
|
Constant (1982) dollars....| 9.30 | 9.15 | 9.19 |
-1.2
|
|
|
|
|
|
Wholesale trade:
|
|
|
|
|
Current dollars............| 11.73 | 11.94 | 11.99 |
2.2
|
Constant (1982) dollars....| 8.00 | 7.95 | 7.97 |
-.4
|
|
|
|
|
|
Retail trade:
|
|
|
|
|
Current dollars............| 7.24 | 7.45 | 7.46 |
3.0
|
Constant (1982) dollars....| 4.94 | 4.96 | 4.96 |
.4
|
|
|
|
|
|
Finance, insurance,
|
|
|
|
|
and real estate:
|
|
|
|
|
Current dollars............| 11.27 | 11.68 | 11.71 |
3.9
|
Constant (1982) dollars....| 7.69 | 7.78 | 7.78 |
1.2
|
|
|
|
|
|
Services:
|
|
|
|
|
Current dollars............| 10.62 | 10.92 | 10.91 |
2.7
|
Constant (1982) dollars....| 7.24 | 7.28 | 7.25 |
.1
|
|
|
|
|
|
|
|
|
|
|
_______________________________________________________________________
Industry

_________________________________________________________________________
|
|
Average

Industry

|
weekly earnings
|
____________________________________________
| July
| June
| July
|Percent change
| 1993
| 1994p | 1994p |July 1993 -

|
|
|
|July 1994
_________________________________________________________________________
|
|
|
|
Total private: 2/
|
|
|
|
_
Current dollars............|$374.10 |$383.84 |$385.30 |
3.0
Constant (1982) dollars....| 255.18 | 255.72 | 256.01 |
.3
|
|
|
|
Mining:
|
|
|
|
Current dollars............| 639.01 | 660.48 | 652.10 |
2.0
Constant (1982) dollars....| 435.89 | 440.03 | 433.29 |
-.6
|
|
|
|
Construction:
|
|
|
|
Current dollars............| 567.62 | 576.97 | 587.45 |
3.5
Constant (1982) dollars....| 387.19 | 384.39 | 390.33 |
.8
|
|
|
|
Manufacturing:
|
|
|
|
Current dollars............| 480.52 | 507.24 | 499.25 |
3.9
Constant (1982) dollars....| 327.78 | 337.93 | 331.73 |
1.2
|
|
|
|
Transportation and
|
|
|
|
public utilities:
|
|
|
|
Current dollars............| 545.20 | 551.95 | 557.35 |
2.2
Constant (1982) dollars....| 371.90 | 367.72 | 370.33 |
-.4
|
|
|
|
Wholesale trade:
|
|
|
|
Current dollars............| 449.26 | 459.69 | 460.42 |
2.5
Constant (1982) dollars....| 306.45 | 306.26 | 305.93 |
-.2
|
|
|
|
Retail trade:
|
|
|
|
Current dollars............| 214.30 | 217.54 | 221.56 |
3.4
Constant (1982) dollars....| 146.18 | 144.93 | 147.22 |
.7
|
|
|
|
Finance, insurance,
|
|
|
|
and real estate:
|
|
|
|
Current dollars............| 401.21 | 414.64 | 418.05 |
4.2
Constant (1982) dollars....| 273.68 | 276.24 | 277.77 |
1.5
|
|
|
|
Services:
|
|
|
|
Current dollars............| 348.34 | 354.90 | 357.85 |
2.7
Constant (1982) dollars....| 237.61 | 236.44 | 237.77 |
.1
|
|
|
|
|
|
|
|
_________________________________________________________________________

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
_

_______________________________________________________________________________________________________________
____________________
|
|
|
1993
|
1994
Earnings
|
|
_______________________________________________________________________________________________________
|
|
|
|
|
|
|
|
|
|
|
|
|
| July | Aug. | Sept. | Oct. | Nov. | Dec. | Jan. | Feb. | Mar. | Apr. |
May
|June p |July p
|
|
|
|
|
|
|
|
|
|
|
|
|
_______________________________________________________________________________________________________________
_____________________
|
|
|
|
|
|
|
|
|
|
|
|
|
Average hourly earnings:
|
|
|
|
|
|
|
|
|
|
|
|
|
Current dollars...........| $10.82| $10.86| $10.88| $10.92| $10.94| $10.96| $11.02| $11.03| $11.02| $11.05|
$11.09| $11.08| $11.12
Constant (1982) dollars2/.|
7.38|
7.39|
7.40|
7.39|
7.39|
7.40|
7.43|
7.42|
7.39|
7.40|
7.42|
7.39|
7.38
_
|
|
|
|
|
|
|
|
|
|
|
|
|
Average weekly earnings:
|
|
|
|
|
|
|
|
|
|
|
|
|
Current dollars...........| 373.29| 375.76| 374.27| 376.74| 378.52| 378.12| 383.50| 378.33| 381.29| 383.44|
385.93| 383.37| 384.75
Constant (1982) dollars2/.| 254.46| 255.62| 254.43| 255.07| 255.76| 255.14| 258.60| 254.60| 255.73| 256.83|
258.15| 255.58| 255.48
_
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______________________________________________________________________________________________________________
_____________________
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
|
|
|
|
|
|
___________________________________________________________________________
|
|
|
|
|
|

1989...........|
1990...........|
1991...........|
1992...........|
1993...........|
1994...........|
|

$7.68
7.55
7.42
7.43
7.40
7.43

| $7.67 | $7.65 | $7.63 | $7.59 | $7.59
|
7.57 |
7.56 |
7.57 |
7.58 |
7.56
|
7.43 |
7.44 |
7.45 |
7.45 |
7.47
|
7.44 |
7.43 |
7.42 |
7.42 |
7.42
|
7.38 |
7.40 |
7.38 |
7.38 |
7.38
|
7.42 |
7.39 |
7.40p |
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
| July
| Aug.
| Sept. | Oct.
| Nov.
| Dec.
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
1989...........|
7.62 |
7.62 |
7.63 |
7.63 |
7.62 |
7.62
1990...........|
7.56 |
7.49 |
7.48 |
7.44 |
7.43 |
7.43
1991...........|
7.46 |
7.47 |
7.47 |
7.46 |
7.43 |
7.44
1992...........|
7.41 |
7.42 |
7.40 |
7.40 |
7.41 |
7.38
1993...........|
7.38 |
7.39 |
7.40 |
7.39 |
7.39 |
7.40
|
|
|
|
|
|
___________________________________________________________
|
|
Average weekly earnings
|
___________________________________________________________
|
|
|
|
|
|
| Jan.
| Feb.
| Mar.
| Apr.
|
May
| June
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
1989...........| $267.26 | $264.66 | $264.77 | $265.56 | $261.76 | $261.95
1990...........| 260.61 | 261.26 | 260.85 | 262.00 | 261.38 | 261.59
1991...........| 253.69 | 254.19 | 254.57 | 254.08 | 254.83 | 257.75
1992...........| 254.69 | 256.79 | 256.44 | 254.40 | 256.08 | 254.60
1993...........| 254.50 | 254.03 | 252.97 | 253.76 | 256.22 | 253.83
1994...........| 258.60 | 254.60 | 255.73 | 256.83p|
|
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
| July
| Aug.
| Sept. | Oct.
| Nov.
| Dec.
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
1989...........| 263.78 | 262.75 | 263.22 | 264.09 | 262.78 | 262.07
1990...........| 261.65 | 257.81 | 258.67 | 254.42 | 254.92 | 256.42
1991...........| 255.14 | 256.08 | 256.83 | 255.71 | 254.86 | 256.10
1992...........| 254.12 | 256.10 | 253.85 | 254.59 | 256.32 | 253.10
1993...........| 254.46 | 255.62 | 254.43 | 255.07 | 255.76 | 255.14
|
|
|
|
|
|
___________________________________________________________________________
1/ Data relate to the earnings of production and related workers in
mining 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.
- Data not available.
NOTE: These data have been revised to reflect the March 1993 employment
benchmark and updated seasonal adjustment factors.