Real Earnings
Internet Address: http://stats.bls.gov/newsrels.htm
Technical information: (202) 691-6555 USDL 00-235
Media contact: 691-5902
TRANSMISSION OF MATERIAL
IN THIS RELEASE IS EMBARGOED
UNTIL 8:30 AM EDT, WEDNESDAY,
AUGUST 16, 2000
REAL EARNINGS IN JULY 2000
Real average weekly earnings were little changed between June and July
after seasonal adjustment, according to preliminary data released today by
the Bureau of Labor Statistics of the U.S. Department of Labor. A 0.4
percent increase in average hourly earnings was offset by a 0.3 percent
decline in average weekly hours and a 0.2 percent rise 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 3.4 percent, seasonally adjusted, from
July 1999 to July 2000. After deflation by the CPI-W, average weekly
earnings fell by 0.3 percent. Before adjustment for seasonal change and
inflation, average weekly earnings were $477.78 in July 2000, compared with
$456.65 a year earlier.
_____________________________
Real Earnings for August 2000 will be released on Friday, September
15, 2000.
Bureau of Labor Statistics
freeman_l@bls.gov
Last modified: Wednesday, August 16, 2000
URL: /news.release/realer.nr0.htm