Full text of March 1995 : Text File, USDL 95-125
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TEXT
Table A. Composition of change in real earnings (production or
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 USDL 95-125
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WIRE EMBARGO UNTIL
10:00 A.M. (EDT) WEDNESDAY,
APRIL 12, 1995
REAL EARNINGS IN MARCH 1995
Real average weekly earnings declined by 0.1 percent between February
and March after seasonal adjustment, according to preliminary data
released today by the Bureau of Labor Statistics of the U.S. Department
of Labor. Average hourly earnings increased by 0.3 percent, and
the Consumer Price Index for Urban Wage Earners and Clerical
Workers (CPI-W) rose by 0.3 percent. Average weekly hours were
unchanged in March.
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 2.2 percent between March
of 1994 and 1995 as a result of a 2.8 percent increase in average
hourly earnings being partially offset by a 0.6 percent decline in
average weekly hours. After adjustment for a 3.0 percent gain in
the CPI-W over the same period, real average weekly earnings fell
by 0.8 percent. Before adjustment for seasonal change and deflation
by the CPI-W, average weekly earnings were $388.17 in March 1995,
compared with $379.78 a year earlier.
_____________________________
Real Earnings for April 1995 will be released on Friday,
May 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
_
| | | | |
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Percent change from preceding month, seasonally adjusted
________________________________________________________________
1994: | | | | |
Mar. | -0.1 | 0.9 | 0.8 | 0.2 | 0.6
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. | .5 | .6 | 1.1 | .3 | .8
Feb. p | -.1 | -.9 | -1.0 | .3 | -1.2
Mar. p | .3 | .0 | .3 | .3 | -.1
| | | | |
________________________________________________________________
Percent change from same month a year ago
________________________________________________________________
1994: | | | | |
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. | 2.6 | .3 | 2.9 | 2.9 | (2)
Feb. p | 2.5 | .6 | 3.1 | 3.0 | .2
Mar. p | 2.8 | -.6 | 2.2 | 3.0 | -.8
| | | | |
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1/ The deflator for the for Urban Wage Earners and
_
constant dollar series present- Clerical 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 |
Industry | |
_________________________________________
| Mar. | Feb. | Mar. |Percent change |
| 1994 | 1995p | 1995p |Mar. 1994 - |
| | | |Mar. 1995 |
_______________________________________________________________________
| | | | |
Total private: 2/ | | | | |
_
Current dollars............|$11.04 |$11.34 |$11.35 | 2.8 |
Constant (1982) dollars....| 7.41 | 7.41 | 7.39 | -.3 |
| | | | |
Mining: | | | | |
Current dollars............| 14.84 | 15.27 | 15.41 | 3.8 |
Constant (1982) dollars....| 9.96 | 9.98 | 10.04 | .8 |
| | | | |
Construction: | | | | |
Current dollars............| 14.44 | 14.80 | 14.79 | 2.4 |
Constant (1982) dollars....| 9.69 | 9.67 | 9.64 | -.5 |
| | | | |
Manufacturing: | | | | |
Current dollars............| 11.99 | 12.25 | 12.28 | 2.4 |
Constant (1982) dollars....| 8.05 | 8.01 | 8.00 | -.6 |
| | | | |
Transportation and | | | | |
public utilities: | | | | |
Current dollars............| 13.80 | 14.04 | 14.04 | 1.7 |
Constant (1982) dollars....| 9.26 | 9.18 | 9.15 | -1.2 |
| | | | |
Wholesale trade: | | | | |
Current dollars............| 11.87 | 12.24 | 12.19 | 2.7 |
Constant (1982) dollars....| 7.97 | 8.00 | 7.94 | -.4 |
| | | | |
Retail trade: | | | | |
Current dollars............| 7.45 | 7.64 | 7.63 | 2.4 |
Constant (1982) dollars....| 5.00 | 4.99 | 4.97 | -.6 |
| | | | |
Finance, insurance, | | | | |
and real estate: | | | | |
Current dollars............| 11.75 | 12.17 | 12.19 | 3.7 |
Constant (1982) dollars....| 7.89 | 7.95 | 7.94 | .6 |
| | | | |
Services: | | | | |
Current dollars............| 11.02 | 11.39 | 11.37 | 3.2 |
Constant (1982) dollars....| 7.40 | 7.44 | 7.41 | .1 |
| | | | |
| | | | |
_______________________________________________________________________
_________________________________________________________________________
|
| Average
| weekly earnings
Industry |
____________________________________________
| Mar. | Feb. | Mar. |Percent change
| 1994 | 1995p | 1995p |Mar. 1994 -
| | | |Mar. 1995
_________________________________________________________________________
| | | |
Total private: 2/ | | | |
_
Current dollars............|$379.78 |$387.83 |$388.17 | 2.2
Constant (1982) dollars....| 254.89 | 253.48 | 252.88 | -.8
| | | |
Mining: | | | |
Current dollars............| 652.96 | 679.52 | 679.58 | 4.1
Constant (1982) dollars....| 438.23 | 444.13 | 442.72 | 1.0
| | | |
Construction: | | | |
Current dollars............| 550.16 | 544.64 | 563.50 | 2.4
Constant (1982) dollars....| 369.23 | 355.97 | 367.10 | -.6
| | | |
Manufacturing: | | | |
Current dollars............| 502.38 | 510.83 | 512.08 | 1.9
Constant (1982) dollars....| 337.17 | 333.88 | 333.60 | -1.1
| | | |
Transportation and | | | |
public utilities: | | | |
Current dollars............| 545.10 | 551.77 | 553.18 | 1.5
Constant (1982) dollars....| 365.84 | 360.63 | 360.38 | -1.5
| | | |
Wholesale trade: | | | |
Current dollars............| 452.25 | 465.12 | 463.22 | 2.4
Constant (1982) dollars....| 303.52 | 304.00 | 301.77 | -.6
| | | |
Retail trade: | | | |
Current dollars............| 212.33 | 214.68 | 215.17 | 1.3
Constant (1982) dollars....| 142.50 | 140.31 | 140.18 | -1.6
| | | |
Finance, insurance, | | | |
and real estate: | | | |
Current dollars............| 418.30 | 434.47 | 433.96 | 3.7
Constant (1982) dollars....| 280.74 | 283.97 | 282.71 | .7
| | | |
Services: | | | |
Current dollars............| 355.95 | 367.90 | 367.25 | 3.2
Constant (1982) dollars....| 238.89 | 240.46 | 239.25 | .2
| | | |
| | | |
_________________________________________________________________________
1/ The deflator for the constant dollar series presented and public utilities, trade, finance, insurance,
_
in this release is derived from the Consumer Price Index for and real estate, and services. Included in this
Urban Wage Earners and Clerical Workers (CPI-W). group are approximately four-fifths of all jobs
2/ Data relate to the earnings of production and related on private industry payrolls.
_
workers in mining and manufacturing; construction workers in
construction; and nonsuperisory workers in transportation p = preliminary.
Table 2. Earnings of prodution or nonsupervisory workers on private nonfarm payrolls1/, seasonally adjusted
_
___________________________________________________________________________________________________________________________________
| |
| 1994 | 1995
Earnings | |
_______________________________________________________________________________________________________
| | | | | | | | | | | | |
| Mar. | Apr. | May | June | July | Aug. | Sept. | Oct. | Nov. | Dec. | Jan. |Feb. p |Mar. p
| | | | | | | | | | | | |
____________________________________________________________________________________________________________________________________
| | | | | | | | | | | | |
Average hourly earnings: | | | | | | | | | | | | |
Current dollars...........| $11.02| $11.05| $11.09| $11.08| $11.11| $11.13| $11.17| $11.25| $11.23| $11.25| $11.31| $11.30| $11.33
Constant (1982) dollars2/.| 7.40| 7.40| 7.42| 7.39| 7.38| 7.37| 7.38| 7.42| 7.39| 7.39| 7.41| 7.38| 7.38
_
| | | | | | | | | | | | |
Average weekly earnings: | | | | | | | | | | | | |
Current dollars...........| 381.29| 383.44| 385.93| 383.37| 384.41| 382.87| 386.48| 392.63| 388.56| 389.25| 393.59| 389.85| 390.89
Constant (1982) dollars2/.| 255.90| 256.83| 258.15| 255.58| 255.25| 253.39| 255.27| 258.99| 255.80| 255.75| 257.75| 254.64| 254.49
_
| | | | | | | | | | | | |
| | | | | | | | | | | | |
____________________________________________________________________________________________________________________________________
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 | 7.38
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.