Decline in wages and salaries in constant dollars, June 2005-June 2006
August 01, 2006
Measured in "constant dollars," it is estimated that wages and salaries for private industry workers dropped 1.5 percent for the year ended June 2006, compared with no over-the-year change in June 2005.
Wages and salaries declined 1.2 percent for State and local government for the year ended June 2006, compared with an over-the-year change of -0.1 percent in June 2005.
These changes are computed in terms of December 2005 dollars using the Consumer Price Index for All Urban Consumers (CPI-U), U.S. City Average All Items, to give an approximate measure of changes in wages and salaries after adjustment for the changes over the same time in the price of consumer goods and services. The unadjusted data on wages and salaries are Employment Cost Index (ECI) series.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Decline in wages and salaries in constant dollars, June 2005-June 2006 on the Internet at https://www.bls.gov/opub/ted/2006/jul/wk5/art02.htm (visited January 26, 2021).
Recent editions of Spotlight on Statistics
- Occupational Employment and Wages in Metro and Nonmetro Areas
Examines similarities and differences in employment and wages between metro and nonmetro areas.
- Gulf War Era Veterans in the Labor Force
Examines the demographic, employment, and unemployment characteristics of civilians who served in the U.S. military during Gulf War era.
- Using BLS Data to Match People with Disabilities with Jobs Presents data that can help increase access and opportunity for people with disabilities in the nation’s labor market.
- How Women and Aging Affect Trends in Labor Force Growth Examines how women’s labor force participation and the aging of the U.S. population affect trends in labor force growth.