Real average weekly earnings up in November 2008
December 18, 2008
Real average weekly earnings rose by 2.3 percent from October to November after seasonal adjustment.
This gain stemmed from a 0.4-percent increase in average hourly earnings and a 2.1-percent decrease in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). A 0.3-percent decrease in average weekly hours partially offset these positive influences.
Average weekly earnings rose by 2.8 percent, seasonally adjusted, from November 2007 to November 2008. After deflation by the CPI-W, average weekly earnings increased by 2.2 percent.
These earnings data are from the Current Employment Statistics Program. These data are for production and nonsupervisory workers in private nonfarm establishments. Earnings data are preliminary and subject to revision. Find out more in "Real Earnings in November 2008," (PDF) (HTML) news release USDL 08-1828.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average weekly earnings up in November 2008 on the Internet at http://www.bls.gov/opub/ted/2008/dec/wk3/art04.htm (visited August 03, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.