TEXT Table A. Composition of change in real earnings of production or Table 1. Earnings of production or nonsupervisory workers on Table 1. Earnings of production or nonsupervisory workers on Table 2. Earnings of production or nonsupervisory workers on private Technical information: (202) 606-6555 USDL 96-283 Media contact: 606-5902 WIRE EMBARGO UNTIL 10:00 A.M. (EDT) TUESDAY, JULY 16, 1996 REAL EARNINGS IN JUNE 1996 Real average weekly earnings rose by 2.2 percent from May to June after seasonal adjustment, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor. The large gain stemmed from an unusual combination of substantial growth in both average weekly hours (1.5 percent) and average hourly earnings (0.8 percent). This was partially offset by a 0.1 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 4.5 percent between June of 1995 and 1996 as a result of a 3.6 percent increase in average hourly earnings and a 0.9 percent increase in average weekly hours. After adjustment for a 2.8 percent gain in the CPI-W over the same period, real average weekly earnings grew by 1.7 percent. Before adjustment for seasonal change and deflation by the CPI-W, average weekly earnings were $410.08 in June 1996, compared with $392.36 a year earlier. _____________________________ Real Earnings for July 1996 will be released on Tuesday, August 13, 1996. Table A. Composition of change in real earnings of production or nonsupervisory workers on private nonfarm payrolls ______________________________________________________________________________ | | | | | | Average | Average | Average | The | Real | hourly | weekly | weekly | Consumer | average Year | earnings | hours | earnings | Price | weekly and | | | | Index1/ | earnings month |____________|____________|____________|____________|____________ | | Percent change from preceding month, seasonally adjusted _____________|________________________________________________________________ | | | | | 1995: | | | | | June | 0.6 | 0.6 | 1.2 | 0.2 | 1.0 July | .3 | .3 | .6 | .0 | .6 Aug. | -.1 | -.3 | -.4 | .2 | -.6 Sept. | .5 | .0 | .5 | .1 | .4 Oct. | .3 | .3 | .6 | .3 | .2 Nov. | .3 | -.3 | .1 | .1 | (2) Dec. | .2 | -.3 | -.1 | .2 | -.3 1996: | | | | | Jan. | .1 | -1.5 | -1.4 | .4 | -1.8 Feb. | .3 | 2.1 | 2.3 | .2 | 2.1 Mar. | .3 | .0 | .3 | .5 | -.2 Apr. | .3 | -.6 | -.2 | .4 | -.6 Mayp | .1 | -.3 | -.2 | .3 | -.5 Junep | .8 | 1.5 | 2.2 | .1 | 2.2 |________________________________________________________________ | | Percent change from same month a year ago |________________________________________________________________ | | | | | 1995: | | | | | June | 2.8 | -0.6 | 2.2 | 3.1 | -0.8 July | 3.1 | -.3 | 2.8 | 2.8 | (2) Aug. | 3.0 | -.6 | 2.4 | 2.5 | -.1 Sept. | 3.0 | -.6 | 2.4 | 2.5 | -.1 Oct. | 2.9 | -.9 | 2.0 | 2.7 | -.6 Nov. | 2.9 | -.6 | 2.3 | 2.4 | -.1 Dec. | 3.0 | -.9 | 2.1 | 2.5 | -.4 1996: | | | | | Jan. | 3.2 | -2.9 | .2 | 2.6 | -2.5 Feb. | 3.0 | -.3 | 2.7 | 2.6 | (2) Mar. | 3.1 | .0 | 3.1 | 2.8 | .3 Apr. | 3.2 | -.6 | 2.6 | 2.9 | -.3 Mayp | 3.3 | .3 | 3.6 | 2.9 | .6 Junep | 3.6 | .9 | 4.5 | 2.8 | 1.7 _____________|____________|____________|____________|____________|____________ 1/ The deflator for the constant-dollar series presented in this release is the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). 2 Less than 0.05 percent. 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 | | | | Percent | June | May | June | change | 1995 | 1996p| 1996p| June 1995 - | | | | June 1996 __________________________|________|________|________|______________ | | | | Total private:2/ | | | | Current dollars..........| $11.34 | $11.73 | $11.75 | 3.6 Constant (1982) dollars..| 7.33 | 7.38 | 7.39 | .8 | | | | Goods-producing: | | | | Current dollars..........| 13.02 | 13.38 | 13.45 | 3.3 Constant (1982) dollars..| 8.42 | 8.42 | 8.46 | .5 | | | | Mining: | | | | Current dollars..........| 15.23 | 15.45 | 15.62 | 2.6 Constant (1982) dollars..| 9.84 | 9.72 | 9.82 | -.2 | | | | Construction: | | | | Current dollars..........| 15.03 | 15.27 | 15.32 | 1.9 Constant (1982) dollars..| 9.72 | 9.61 | 9.64 | -.8 | | | | Manufacturing: | | | | Current dollars..........| 12.32 | 12.71 | 12.75 | 3.5 Constant (1982) dollars..| 7.96 | 8.00 | 8.02 | .8 | | | | Service-producing: | | | | Current dollars..........| 10.76 | 11.17 | 11.18 | 3.9 Constant (1982) dollars..| 6.96 | 7.03 | 7.03 | 1.0 | | | | Transportation and public | | | | utilities: | | | | Current dollars..........| 14.11 | 14.40 | 14.46 | 2.5 Constant (1982) dollars..| 9.12 | 9.06 | 9.09 | -.3 | | | | Wholesale trade: | | | | Current dollars..........| 12.34 | 12.73 | 12.85 | 4.1 Constant (1982) dollars..| 7.98 | 8.01 | 8.08 | 1.3 | | | | Retail trade: | | | | Current dollars..........| 7.65 | 7.92 | 7.93 | 3.7 Constant (1982) dollars..| 4.95 | 4.98 | 4.99 | .8 | | | | Finance, insurance, | | | | and real estate: | | | | Current dollars..........| 12.19 | 12.75 | 12.80 | 5.0 Constant (1982) dollars..| 7.88 | 8.02 | 8.05 | 2.2 | | | | Services: | | | | Current dollars..........| 11.22 | 11.68 | 11.66 | 3.9 Constant (1982) dollars..| 7.25 | 7.35 | 7.33 | 1.1 __________________________|________|________|________|______________ See footnotes at end of table. Table 1. Earnings of production or nonsupervisory workers on private nonfarm payrolls in current and constant dollars1/ by industry - Continued ____________________________________________________________________ | | Average weekly earnings |_________________________________________ | | | | Industry | | | | Percent | June | May | June | change | 1995 | 1996p| 1996p| June 1995 - | | | | June 1996 __________________________|________|________|________|______________ | | | | Total private:2/ | | | | Current dollars..........|$392.36 |$402.34 |$410.08 | 4.5 Constant (1982) dollars..| 253.63 | 253.20 | 257.91 | 1.7 | | | | Goods-producing: | | | | Current dollars..........| 536.42 | 548.58 | 556.83 | 3.8 Constant (1982) dollars..| 346.75 | 345.24 | 350.21 | 1.0 | | | | Mining: | | | | Current dollars..........| 685.35 | 698.34 | 720.08 | 5.1 Constant (1982) dollars..| 443.02 | 439.48 | 452.88 | 2.2 | | | | Construction: | | | | Current dollars..........| 595.19 | 592.48 | 608.20 | 2.2 Constant (1982) dollars..| 384.74 | 372.86 | 382.52 | -.6 | | | | Manufacturing: | | | | Current dollars..........| 512.51 | 528.74 | 534.23 | 4.2 Constant (1982) dollars..| 331.29 | 332.75 | 335.99 | 1.4 | | | | Service-producing: | | | | Current dollars..........| 352.93 | 363.03 | 371.18 | 5.2 Constant (1982) dollars..| 228.14 | 228.46 | 233.45 | 2.3 | | | | Transportation and public | | | | utilities: | | | | Current dollars..........| 558.76 | 565.92 | 581.29 | 4.0 Constant (1982) dollars..| 361.19 | 356.15 | 365.59 | 1.2 | | | | Wholesale trade: | | | | Current dollars..........| 472.62 | 486.29 | 499.87 | 5.8 Constant (1982) dollars..| 305.51 | 306.04 | 314.38 | 2.9 | | | | Retail trade: | | | | Current dollars..........| 222.62 | 227.30 | 233.14 | 4.7 Constant (1982) dollars..| 143.90 | 143.05 | 146.63 | 1.9 | | | | Finance, insurance, | | | | and real estate: | | | | Current dollars..........| 433.96 | 453.90 | 464.64 | 7.1 Constant (1982) dollars..| 280.52 | 285.65 | 292.23 | 4.2 | | | | Services: | | | | Current dollars..........| 364.65 | 376.10 | 382.45 | 4.9 Constant (1982) dollars..| 235.71 | 236.69 | 240.53 | 2.0 __________________________|________|________|________|______________ 1/ The deflator for the constant-dollar series presented in this release is the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). 2/ Data relate to production and related workers in mining and manufacturing; construction workers in construction; and nonsupervisory workers in transportation and public utilities, trade, finance, insurance, and real estate, and services. Included in this group are approximately four-fifths of all jobs on private industry payrolls. p = preliminary. Table 2. Earnings of production or nonsupervisory workers on private nonfarm payrolls1/, seasonally adjusted _____________________________________________________________________________ | | | | | Average hourly | Average weekly | earnings | earnings | | Year |_______________________________|_______________________________ and | | | | month | | | | | Current | Constant | Current | Constant | dollars | (1982) | dollars | (1982) | | dollars2/ | | dollars2/ | | | | _____________|_______________|_______________|_______________|_______________ | | | | 1995: | | | | June | $11.43 | $7.39 | $393.19 | $254.16 July | 11.47 | 7.41 | 395.72 | 255.80 Aug. | 11.46 | 7.39 | 394.22 | 254.34 Sept. | 11.52 | 7.42 | 396.29 | 255.34 Oct. | 11.55 | 7.42 | 398.48 | 255.93 Nov. | 11.59 | 7.44 | 398.70 | 255.91 Dec. | 11.61 | 7.44 | 398.22 | 255.11 1996: | | | | Jan. | 11.62 | 7.41 | 392.76 | 250.48 Feb. | 11.65 | 7.42 | 401.93 | 255.84 Mar. | 11.68 | 7.40 | 402.96 | 255.36 Apr. | 11.72 | 7.40 | 402.00 | 253.79 Mayp | 11.73 | 7.38 | 401.17 | 252.47 Junep | 11.82 | 7.43 | 410.15 | 257.96 _____________|_______________|_______________|_______________|_______________ 1/ See footnote 2, table 1. 2/ The deflator for the constant-dollar series presented in this release is the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). p = preliminary.