Full text of November 1995 : Text File, USDL 94-507
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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 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 USDL 95-507
Media contact: 606-5902
WIRE EMBARGO UNTIL
10:00 A.M. (EST) THURSDAY
DECEMBER 14, 1995
REAL EARNINGS IN NOVEMBER 1995
Real average weekly earnings fell 0.4 percent from October to
November after seasonal adjustment, according to preliminary data
released today by the Bureau of Labor Statistics of the U.S.
Department of Labor. This drop stemmed from a 0.3 percent decline in
average weekly hours coupled with a 0.1 percent decrease in average
hourly earnings. The Consumer Price Index for Urban Wage Earners
and Clerical Workers (CPI-W) was unchanged.
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 2.3 percent between November
of 1994 and 1995 as a result of a 2.9 percent increase in average
hourly earnings which was partially offset by a 0.6 percent decline in
average weekly hours. After adjustment for a 2.4 percent gain in the
CPI-W over the same period, real average weekly earnings fell by 0.1
percent. Before adjustment for seasonal change and deflation by
the CPI-W, average weekly earnings were $399.04 in November 1995,
compared with $389.94 a year earlier.
_____________________________
Real Earnings for December 1995 is scheduled to be released on
Friday, January 12, 1996. Release dates for the balance of 1996 are
as follows:
Feb. 14 June 12 Oct. 16
March 15 July 16 Nov. 14
April 12 Aug. 13 Dec. 12
May 14 Sept. 13
_____________________________
Due to the timing and nature of our survey collection procedures,
the federal shutdown had no effect on this month's establishment
survey data.
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: | | | | |
Nov. | -0.1 | -0.9 | -1.0 | 0.2 | -1.1
Dec. | .3 | .3 | .6 | .2 | .4
1995: | | | | |
Jan. | .2 | .3 | .5 | .3 | .1
Feb. | .3 | -.6 | -.3 | .3 | -.6
Mar. | .2 | .0 | .2 | .3 | -.2
Apr. | .5 | .0 | .5 | .3 | .2
May | -.3 | -1.2 | -1.4 | .2 | -1.6
June | .5 | .6 | 1.1 | .1 | 1.0
July | .6 | .6 | 1.2 | .1 | 1.1
Aug. | -.2 | -.6 | -.8 | .1 | -.9
Sept. | .5 | .3 | .8 | .2 | .6
Oct. p | .4 | .3 | .7 | .3 | .5
Nov. p | -.1 | -.3 | -.4 | .0 | -.4
| | | | |
________________________________________________________________
Percent change from same month a year ago
________________________________________________________________
1994: | | | | |
Nov. | 2.8 | 0.3 | 3.1 | 2.7 | 0.4
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 | 3.0 | -.6 | 2.4 | 3.1 | -.6
July | 3.3 | -.3 | 3.0 | 2.8 | .2
Aug. | 3.1 | -.6 | 2.5 | 2.5 | (2)
Sept. | 3.1 | -.6 | 2.5 | 2.5 | (2)
Oct. p | 3.0 | -.9 | 2.1 | 2.7 | -.6
Nov. p | 2.9 | -.6 | 2.3 | 2.4 | -.1
| | | | |
________________________________________________________________
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 | |
_________________________________________
| Nov. | Oct. | Nov. |Percent change |
| 1994 | 1995p | 1995p |Nov. 1994 - |
| | | |Nov. 1995 |
_______________________________________________________________________
| | | | |
Total private: 2/ | | | | |
_
Current dollars............|$11.27 |$11.62 |$11.60 | 2.9 |
Constant (1982) dollars....| 7.41 | 7.46 | 7.45 | .5 |
| | | | |
Mining: | | | | |
Current dollars............| 14.97 | 15.35 | 15.33 | 2.4 |
Constant (1982) dollars....| 9.85 | 9.85 | 9.85 | .0 |
| | | | |
Construction: | | | | |
Current dollars............| 14.87 | 15.29 | 15.22 | 2.4 |
Constant (1982) dollars....| 9.78 | 9.81 | 9.78 | .0 |
| | | | |
Manufacturing: | | | | |
Current dollars............| 12.17 | 12.42 | 12.48 | 2.5 |
Constant (1982) dollars....| 8.01 | 7.97 | 8.02 | .1 |
| | | | |
Transportation and | | | | |
public utilities: | | | | |
Current dollars............| 14.07 | 14.48 | 14.48 | 2.9 |
Constant (1982) dollars....| 9.26 | 9.29 | 9.30 | .4 |
| | | | |
Wholesale trade: | | | | |
Current dollars............| 12.15 | 12.52 | 12.49 | 2.8 |
Constant (1982) dollars....| 7.99 | 8.04 | 8.02 | .4 |
| | | | |
Retail trade: | | | | |
Current dollars............| 7.57 | 7.78 | 7.79 | 2.9 |
Constant (1982) dollars....| 4.98 | 4.99 | 5.00 | .4 |
| | | | |
Finance, insurance, | | | | |
and real estate: | | | | |
Current dollars............| 11.98 | 12.52 | 12.48 | 4.2 |
Constant (1982) dollars....| 7.88 | 8.04 | 8.02 | 1.8 |
| | | | |
Services: | | | | |
Current dollars............| 11.22 | 11.56 | 11.58 | 3.2 |
Constant (1982) dollars....| 7.38 | 7.42 | 7.44 | .8 |
| | | | |
| | | | |
_______________________________________________________________________
_________________________________________________________________________
|
| Average
| weekly earnings
Industry |
____________________________________________
| Nov. | Oct. | Nov. |Percent change
| 1994 | 1995p | 1995p |Nov. 1994 -
| | | |Nov. 1995
_________________________________________________________________________
| | | |
Total private: 2/ | | | |
_
Current dollars............|$389.94 |$403.21 |$399.04 | 2.3
Constant (1982) dollars....| 256.54 | 258.80 | 256.29 | -.1
| | | |
Mining: | | | |
Current dollars............| 679.64 | 698.43 | 686.78 | 1.1
Constant (1982) dollars....| 447.13 | 448.29 | 441.09 | -1.4
| | | |
Construction: | | | |
Current dollars............| 572.50 | 611.60 | 585.97 | 2.4
Constant (1982) dollars....| 376.64 | 392.55 | 376.35 | -.1
| | | |
Manufacturing: | | | |
Current dollars............| 517.23 | 517.91 | 522.91 | 1.1
Constant (1982) dollars....| 340.28 | 332.42 | 335.84 | -1.3
| | | |
Transportation and | | | |
public utilities: | | | |
Current dollars............| 559.99 | 576.30 | 574.86 | 2.7
Constant (1982) dollars....| 368.41 | 369.90 | 369.21 | .2
| | | |
Wholesale trade: | | | |
Current dollars............| 466.56 | 482.02 | 477.12 | 2.3
Constant (1982) dollars....| 306.95 | 309.38 | 306.44 | -.2
| | | |
Retail trade: | | | |
Current dollars............| 217.26 | 224.06 | 222.79 | 2.5
Constant (1982) dollars....| 142.93 | 143.81 | 143.09 | .1
| | | |
Finance, insurance, | | | |
and real estate: | | | |
Current dollars............| 425.29 | 455.73 | 444.29 | 4.5
Constant (1982) dollars....| 279.80 | 292.51 | 285.35 | 2.0
| | | |
Services: | | | |
Current dollars...........| 362.41 | 376.86 | 375.19 | 3.5
Constant (1982) dollars...| 238.43 | 241.89 | 240.97 | 1.1
| | | |
| | | |
________________________________________________________________________
1/ The deflator for te constant dollar series presented and public utilities, trade, finance, insurance,
_
in this release is derivedfrom the Consumer Price Index for and real estate, and services. Included in this
Urban Wage Earners and Cleical Workers (CPI-W). group are approximately four-fifths of all jobs
2/ Data relate to theearnings of production and related on private industry payrolls.
_
workers in mining and manuacturing; construction workers in
construction; and nonsupervisory workers in transportation p = preliminary.
Table 2. Earnings of production or nonsupervisory workers on private nonfarm payrolls1/, seasonally adjusted
_
____________________________________________________________________________________________________________________________________
| |
| 1994 | 1995
Earnings | |
_______________________________________________________________________________________________________
| | | | | | | | | | | | |
| Nov. | Dec. | Jan. | Feb. | Mar. | Apr. | May | June | July | Aug. | Sept. |Oct. p |Nov. p
| | | | | | | | | | | | |
____________________________________________________________________________________________________________________________________
| | | | | | | | | | | | |
Average hourly earnings: | | | | | | | | | | | | |
Current dollars...........| $11.24| $11.27| $11.29| $11.32| $11.34| $11.40| $11.37| $11.43| $11.50| $11.48| $11.54| $11.59| $11.58
Constant (1982) dollars2/.| 7.40| 7.40| 7.39| 7.39| 7.38| 7.40| 7.36| 7.39| 7.43| 7.41| 7.44| 7.45| 7.44
_
| | | | | | | | | | | | |
Average weekly earnings: | | | | | | | | | | | | |
Current dollars...........| 388.90| 391.07| 392.89| 391.67| 392.36| 394.44| 388.85| 393.19| 397.90| 394.91| 398.13| 401.01| 399.51
Constant (1982) dollars2/.| 256.02| 256.94| 257.30| 255.83| 255.44| 255.96| 251.85| 254.33| 257.21| 254.95| 256.53| 257.72| 256.75
_
| | | | | | | | | | | | |
| | | | | | | | | | | | |
____________________________________________________________________________________________________________________________________
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...........| 253.77 | 256.61 | 256.44 | 254.65 | 255.34 | 254.60
1993...........| 254.08 | 254.60 | 252.97 | 253.59 | 255.48 | 254.81
1994...........| 257.21 | 254.94 | 256.87 | 256.83 | 257.18 | 256.55
1995...........| 257.30 | 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.