Full text of Real Earnings : July 1995, USDL 95-314 : July 1995

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Table A.
Table 1.

Composition of change in real earnings (production or
Earnings of production or nonsupervisory workers on private

Table 2. Earnings of production 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 95-314
WIRE EMBARGO UNTIL
10:00 A.M. (EDT) FRIDAY,
AUGUST 11, 1995

REAL EARNINGS IN JULY 1995
Real average weekly earnings increased by 0.8 percent 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. This
increase was due to a 0.6 percent increase in average hourly earnings and a
0.3 percent increase in average weekly hours. These gains were
partially offset by a 0.1 percent increase in the Consumer Price Index for
Urban Wage Earners and Clerical Workers (CPI-W).
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 1994
and July 1995 as a result of a 3.3 percent increase in average
hourly earnings which was partially offset by a 0.3 percent decline
in average weekly hours. After adjustment for a 2.8 percent increase in
the CPI-W over the same period, real average weekly earnings rose
by 0.2 percent. Before adjustment for seasonal change and
deflation by the CPI-W, average weekly earnings were $398.21
in July 1995, compared with $386.75 a year earlier.
_____________________________
Real Earnings for August 1995 will be released on Wednesday,
September 13, 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:
|
|
|
|
|
July
|
0.4
|
0.0
|
0.4
|
0.4
|
(2)
Aug.
|
.1
|
-.3
|
-.2
|
.3
|
-.5
Sept.
|
.4
|
.3
|
.7
|
.2
|
.5
Oct.
|
.6
|
.6
|
1.2
|
.1
|
1.1
Nov.
|
-.1
|
-.9
| -1.0
|
.2
| -1.1
Dec.
|
.3
|
.3
|
.6
|
.2
|
.4
1995:
|
|
|
|
|
Jan.
|
.2
|
.3
|
.5
|
.3
|
.1

Feb.
Mar.
Apr.
May
June p
July p

|
.3
|
-.6
|
-.3
|
.3
|
-.6
|
.2
|
.0
|
.2
|
.3
|
-.2
|
.5
|
.0
|
.5
|
.3
|
.2
|
-.3
| -1.2
| -1.4
|
.2
| -1.6
|
.4
|
.9
|
1.3
|
.1
|
1.2
|
.6
|
.3
|
.9
|
.1
|
.8
|
|
|
|
|
________________________________________________________________
Percent change from same month a year ago
________________________________________________________________
1994:
|
|
|
|
|
July
|
2.7
|
0.6
|
3.3
|
2.6
|
0.6
Aug.
|
2.5
|
-.3
|
2.2
|
2.9
|
-.6
Sept.
|
2.8
|
.9
|
3.7
|
3.0
|
.7
Oct.
|
3.1
|
1.2
|
4.3
|
2.6
|
1.7
Nov.
|
2.8
|
.3
|
3.1
|
2.7
|
.4
Dec.
|
2.8
|
.3
|
3.1
|
2.7
|
.4
1995:
|
|
|
|
|
Jan.
|
2.7
|
.0
|
2.7
|
2.9
|
-.2
Feb.
|
2.7
|
.6
|
3.3
|
3.0
|
.3
Mar.
|
2.9
|
-.3
|
2.6
|
3.0
|
-.4
Apr.
|
3.1
|
-.6
|
2.5
|
3.2
|
-.7
May
|
2.6
| -1.4
|
1.1
|
3.2
| -2.1
June p
|
3.0
|
-.6
|
2.4
|
3.1
|
-.6
July p
|
3.3
|
-.3
|
3.0
|
2.8
|
.2
|
|
|
|
|
________________________________________________________________
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
|
|
|
_________________________________________
| July | June | July |Percent change |
| 1994 | 1995p | 1995p |July 1994 |
|
|
|
|July 1995
|
_______________________________________________________________________
|
|
|
|
|
Total private: 2/
|
|
|
|
|
_
Current dollars............|$11.05 |$11.36 |$11.41 |
3.3
|
Constant (1982) dollars....| 7.34 | 7.34 | 7.38 |
.5
|
|
|
|
|
|
Mining:
|
|
|
|
|
Current dollars............| 14.73 | 15.24 | 15.30 |
3.9
|
Constant (1982) dollars....| 9.79 | 9.85 | 9.89 |
1.0
|
|
|
|
|
|
Construction:
|
|
|
|
|
Current dollars............| 14.75 | 14.99 | 15.09 |
2.3
|
Constant (1982) dollars....| 9.80 | 9.69 | 9.75 |
-.5
|
|
|
|
|
|
Manufacturing:
|
|
|
|
|
Industry

|
|

hourly earnings

Current dollars............| 12.04 | 12.30 | 12.40 |
3.0
|
Constant (1982) dollars....| 8.00 | 7.95 | 8.02 |
.3
|
|
|
|
|
|
Transportation and
|
|
|
|
|
public utilities:
|
|
|
|
|
Current dollars............| 13.81 | 14.08 | 14.19 |
2.8
|
Constant (1982) dollars....| 9.18 | 9.10 | 9.17 |
-.1
|
|
|
|
|
|
Wholesale trade:
|
|
|
|
|
Current dollars............| 12.04 | 12.32 | 12.43 |
3.2
|
Constant (1982) dollars....| 8.00 | 7.96 | 8.03 |
.4
|
|
|
|
|
|
Retail trade:
|
|
|
|
|
Current dollars............| 7.46 | 7.65 | 7.67 |
2.8
|
Constant (1982) dollars....| 4.96 | 4.95 | 4.96 |
.0
|
|
|
|
|
|
Finance, insurance,
|
|
|
|
|
and real estate:
|
|
|
|
|
Current dollars............| 11.72 | 12.21 | 12.33 |
5.2
|
Constant (1982) dollars....| 7.79 | 7.89 | 7.97 |
2.3
|
|
|
|
|
|
Services:
|
|
|
|
|
Current dollars............| 10.90 | 11.24 | 11.27 |
3.4
|
Constant (1982) dollars....| 7.24 | 7.27 | 7.29 |
.7
|
|
|
|
|
|
|
|
|
|
|
_______________________________________________________________________
_________________________________________________________________________
|
|
Average
|
weekly earnings
|
____________________________________________
| July
| June
| July
|Percent change
| 1994
| 1995p | 1995p |July 1994 |
|
|
|July 1995
_________________________________________________________________________
|
|
|
|
Total private: 2/
|
|
|
|
_
Current dollars............|$386.75 |$393.06 |$398.21 |
3.0
Constant (1982) dollars....| 256.98 | 254.08 | 257.41 |
.2
|
|
|
|
Mining:
|
|
|
|
Current dollars............| 661.38 | 684.28 | 680.85 |
2.9
Constant (1982) dollars....| 439.46 | 442.33 | 440.11 |
.1
|
|
|
|
Construction:
|
|
|
|
Current dollars............| 587.05 | 593.60 | 603.60 |
2.8
Constant (1982) dollars....| 390.07 | 383.71 | 390.17 |
(3)
|
|
|
|
Manufacturing:
|
|
|
|
Current dollars............| 500.86 | 511.68 | 505.92 |
1.0
Constant (1982) dollars....| 332.80 | 330.76 | 327.03 |
-1.7
|
|
|
|
Transportation and
|
|
|
|
public utilities:
|
|
|
|
Current dollars............| 556.54 | 556.16 | 569.02 |
2.2
Constant (1982) dollars....| 369.79 | 359.51 | 367.82 |
-.5
|
|
|
|
Industry

Wholesale trade:
|
|
|
|
Current dollars............| 462.34 | 471.86 | 478.56 |
3.5
Constant (1982) dollars....| 307.20 | 305.02 | 309.35 |
.7
|
|
|
|
Retail trade:
|
|
|
|
Current dollars............| 222.31 | 223.38 | 227.80 |
2.5
Constant (1982) dollars....| 147.71 | 144.40 | 147.25 |
-.3
|
|
|
|
Finance, insurance,
|
|
|
|
and real estate:
|
|
|
|
Current dollars............| 418.40 | 434.68 | 448.81 |
7.3
Constant (1982) dollars....| 278.01 | 280.98 | 290.12 |
4.4
|
|
|
|
Services:
|
|
|
|
Current dollars............| 356.43 | 365.30 | 370.78 |
4.0
Constant (1982) dollars....| 236.83 | 236.13 | 239.68 |
1.2
|
|
|
|
|
|
|
|
_________________________________________________________________________
1/ The deflator for the constant dollar series presented
insurance,
_
in this release is derivedfrom the Consumer Price Index for
this
Urban Wage Earners and Cleical Workers (CPI-W).
jobs
2/ Data relate to theearnings of production and related
_
workers in mining and manuacturing; 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.
3/ Less than 0.05 percent.
_
p = preliminary.

Table 2. Earnings of production or nonsupervisory workers on private nonfarm payrolls1/, seasonally adjusted
_
_______________________________________________________________________________________________________________
_____________________
|
|
|
1994
|
1995
Earnings
|
|
_______________________________________________________________________________________________________
|
|
|
|
|
|
|
|
|
|
|
|
|
| July | Aug. | Sept. | Oct. | Nov. | Dec. | Jan. | Feb. | Mar. | Apr. |
May
|June p |July p
|
|
|
|
|
|
|
|
|
|
|
|
|
_______________________________________________________________________________________________________________
_____________________
|
|
|
|
|
|
|
|
|
|
|
|
|
Average hourly earnings:
|
|
|
|
|
|
|
|
|
|
|
|
|
Current dollars...........| $11.13| $11.14| $11.18| $11.25| $11.24| $11.27| $11.29| $11.32| $11.34| $11.40|
$11.37| $11.42| $11.49
Constant (1982) dollars2/.|
7.39|
7.37|
7.38|
7.42|
7.40|
7.40|
7.39|
7.39|
7.38|
7.40|
7.36|
7.39|
7.43
_
|
|
|
|
|
|
|
|
|
|
|
|
|
Average weekly earnings:
|
|
|
|
|
|
|
|
|
|
|

|

|
Current dollars...........| 386.21| 385.44| 387.95| 392.63| 388.90| 391.07| 392.89| 391.67| 392.36| 394.44|
388.85| 393.99| 397.55
Constant (1982) dollars2/.| 256.45| 255.09| 256.24| 258.99| 256.02| 256.94| 257.30| 255.83| 255.44| 255.96|
251.85| 254.84| 256.98
_
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
_______________________________________________________________________________________________________________
_____________________
1/ See footnote 2, table 1.
Urban Wage Earners and Clerical Workers
(CPI-W).
_
2/ The deflator for the constant dollar series presented
p = preliminary.
_
in this release is derived from the Consumer Price Index for
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 |
7.39
1994...........|
7.41 |
7.41 |
7.40 |
7.40 |
7.41 |
7.39
1995...........|
7.39 |
7.39 |
7.38 |
7.40p |
|
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
| July
| Aug.
| Sept. | Oct.
| Nov.
| Dec.
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
1990...........|
7.56 |
7.50 |
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 |
7.39
1993...........|
7.39 |
7.40 |
7.40 |
7.39 |
7.39 |
7.40
1994...........|
7.39 |
7.37 |
7.38 |
7.42 |
7.40 |
7.40
|
|
|
|
|
|
___________________________________________________________
|
|
Average weekly earnings
|
___________________________________________________________
|
|
|
|
|
|
| Jan.
| Feb.
| Mar.
| Apr.
|
May
| June
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
1990...........| $260.41 | $261.00 | $260.85 | $262.00 | $261.38 | $261.79
1991...........| 253.51 | 254.01 | 254.57 | 254.08 | 254.83 | 257.75

1992...........|
1993...........|
1994...........|
1995...........|
|

253.77
254.08
257.21
257.30

| 256.61 | 256.44 | 254.65 | 255.34 | 254.60
| 254.60 | 252.97 | 253.59 | 255.48 | 254.81
| 254.94 | 256.87 | 256.83 | 257.18 | 256.55
| 255.83 | 255.44 | 255.96p|
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
| July
| Aug.
| Sept. | Oct.
| Nov.
| Dec.
|
|
|
|
|
|
___________________________________________________________
|
|
|
|
|
|
1990...........| 261.65 | 258.06 | 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 | 253.33
1993...........| 254.87 | 256.02 | 254.43 | 255.07 | 255.70 | 255.14
1994...........| 256.45 | 255.09 | 256.24 | 258.99 | 256.02 | 256.94
|
|
|
|
|
|
___________________________________________________________________________
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 1994 employment
benchmark and updated seasonal adjustment factors.