fossten
Dedicated LVC Member
REAL EARNINGS IN SEPTEMBER 2006
http://www.bls.gov/news.release/realer.nr0.htm
Real average weekly earnings rose by 1.0 percent from August to September
after seasonal adjustment, according to preliminary data released today by the
Bureau of Labor Statistics of the U.S. Department of Labor. This increase
stemmed from a 0.2 percent rise in average hourly earnings and a 0.7 percent
decline in the Consumer Price Index for Urban Wage Earners and Clerical Workers
(CPI-W). Average weekly hours were 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 4.0 percent, seasonally adjusted, from
September 2005 to September 2006. After deflation by the CPI-W, average weekly
earnings increased by 2.2 percent. Before adjustment for seasonal change and
inflation, average weekly earnings were $571.89 in September 2006, compared with
$549.86 a year earlier.
_____________________________
Real Earnings for October 2006 will be released on Thursday, November 16,
2006.
http://www.bls.gov/news.release/realer.nr0.htm
Real average weekly earnings rose by 1.0 percent from August to September
after seasonal adjustment, according to preliminary data released today by the
Bureau of Labor Statistics of the U.S. Department of Labor. This increase
stemmed from a 0.2 percent rise in average hourly earnings and a 0.7 percent
decline in the Consumer Price Index for Urban Wage Earners and Clerical Workers
(CPI-W). Average weekly hours were 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 4.0 percent, seasonally adjusted, from
September 2005 to September 2006. After deflation by the CPI-W, average weekly
earnings increased by 2.2 percent. Before adjustment for seasonal change and
inflation, average weekly earnings were $571.89 in September 2006, compared with
$549.86 a year earlier.
_____________________________
Real Earnings for October 2006 will be released on Thursday, November 16,
2006.