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 Table 3. Revised seasonally adjusted average hourly and weekly earnings of Table 3. Revised seasonally adjusted average hourly and weekly earnings of Technical information: (202) 606-6555 USDL 96-227 Media contact: 606-5902 WIRE EMBARGO UNTIL 10:00 A.M. (EDT) WEDNESDAY, JUNE 12, 1996 REAL EARNINGS IN MAY 1996 Real average weekly earnings declined by 0.1 percent between April and May after seasonal adjustment, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor. Average hourly earnings increased by 0.3 percent, and the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) rose by 0.3 percent. Average weekly hours were unchanged in May. 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 3.6 percent between May of 1995 and 1996 as a result of a 3.3 percent increase in average hourly earnings and a 0.3 percent increase in average weekly hours. After adjustment for a 2.9 percent gain in the CPI-W over the same period, real average weekly earnings rose by 0.7 percent. Before adjustment for seasonal change and deflation by the CPI-W, average weekly earnings were $402.68 in May 1996, compared with $388.51 a year earlier. _____________________________ Real Earnings for June 1996 will be released on Tuesday, July 16, 1996. ******************************************************************** * The estimates of average weekly hours and average hourly and * * weekly earnings from January 1988 forward have been revised * * with the release of May data to reflect new employment bench- * * marks and updated seasonal adjustment factors. * ******************************************************************** 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: | | | | | May | -0.2 | -1.2 | -1.3 | 0.3 | -1.6 June | .6 | .6 | 1.2 | .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.p | .3 | -.6 | -.2 | .4 | -.6 Mayp | .3 | .0 | .3 | .3 | -.1 |________________________________________________________________ | | Percent change from same month a year ago |________________________________________________________________ | | | | | 1995: | | | | | May | 2.4 | -1.7 | 0.7 | 3.2 | -2.5 June | 2.8 | -.6 | 2.2 | 3.1 | -.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.p | 3.2 | -.3 | 2.9 | 2.9 | (2) Mayp | 3.3 | .3 | 3.6 | 2.9 | .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 | May | Apr. | May | change | 1995 | 1996p| 1996p| May 1995 - | | | | May 1996 __________________________|________|________|________|______________ | | | | Total private:2/ | | | | Current dollars..........| $11.36 | $11.75 | $11.74 | 3.3 Constant (1982) dollars..| 7.36 | 7.41 | 7.39 | .4 | | | | Goods-producing: | | | | Current dollars..........| 12.97 | 13.36 | 13.38 | 3.2 Constant (1982) dollars..| 8.40 | 8.43 | 8.42 | .2 | | | | Mining: | | | | Current dollars..........| 15.19 | 15.58 | 15.51 | 2.1 Constant (1982) dollars..| 9.84 | 9.83 | 9.76 | -.8 | | | | Construction: | | | | Current dollars..........| 15.00 | 15.19 | 15.28 | 1.9 Constant (1982) dollars..| 9.72 | 9.58 | 9.62 | -1.0 | | | | Manufacturing: | | | | Current dollars..........| 12.30 | 12.73 | 12.71 | 3.3 Constant (1982) dollars..| 7.97 | 8.03 | 8.00 | .4 | | | | Service-producing: | | | | Current dollars..........| 10.80 | 11.22 | 11.18 | 3.5 Constant (1982) dollars..| 6.99 | 7.08 | 7.04 | .7 | | | | Transportation and public | | | | utilities: | | | | Current dollars..........| 14.07 | 14.50 | 14.42 | 2.5 Constant (1982) dollars..| 9.11 | 9.15 | 9.07 | -.4 | | | | Wholesale trade: | | | | Current dollars..........| 12.34 | 12.76 | 12.74 | 3.2 Constant (1982) dollars..| 7.99 | 8.05 | 8.02 | .4 | | | | Retail trade: | | | | Current dollars..........| 7.64 | 7.92 | 7.93 | 3.8 Constant (1982) dollars..| 4.95 | 5.00 | 4.99 | .8 | | | | Finance, insurance, | | | | and real estate: | | | | Current dollars..........| 12.24 | 12.77 | 12.79 | 4.5 Constant (1982) dollars..| 7.93 | 8.06 | 8.05 | 1.5 | | | | Services: | | | | Current dollars..........| 11.31 | 11.72 | 11.69 | 3.4 Constant (1982) dollars..| 7.33 | 7.39 | 7.36 | .4 __________________________|________|________|________|______________ 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 | May | Apr. | May | change | 1995 | 1996p| 1996p| May 1995 - | | | | May 1996 __________________________|________|________|________|______________ | | | | Total private:2/ | | | | Current dollars..........|$388.51 |$401.85 |$402.68 | 3.6 Constant (1982) dollars..| 251.63 | 253.53 | 253.42 | .7 | | | | Goods-producing: | | | | Current dollars..........| 529.18 | 543.75 | 548.58 | 3.7 Constant (1982) dollars..| 342.73 | 343.06 | 345.24 | .7 | | | | Mining: | | | | Current dollars..........| 671.40 | 699.54 | 705.71 | 5.1 Constant (1982) dollars..| 434.84 | 441.35 | 444.12 | 2.1 | | | | Construction: | | | | Current dollars..........| 577.50 | 586.33 | 592.86 | 2.7 Constant (1982) dollars..| 374.03 | 369.92 | 373.10 | -.2 | | | | Manufacturing: | | | | Current dollars..........| 509.22 | 524.48 | 528.74 | 3.8 Constant (1982) dollars..| 329.81 | 330.90 | 332.75 | .9 | | | | Service-producing: | | | | Current dollars..........| 349.92 | 363.53 | 364.47 | 4.2 Constant (1982) dollars..| 226.63 | 229.36 | 229.37 | 1.2 | | | | Transportation and public | | | | utilities: | | | | Current dollars..........| 551.54 | 569.85 | 568.15 | 3.0 Constant (1982) dollars..| 357.22 | 359.53 | 357.55 | .1 | | | | Wholesale trade: | | | | Current dollars..........| 470.15 | 486.16 | 486.67 | 3.5 Constant (1982) dollars..| 304.50 | 306.73 | 306.27 | .6 | | | | Retail trade: | | | | Current dollars..........| 219.27 | 224.93 | 227.59 | 3.8 Constant (1982) dollars..| 142.01 | 141.91 | 143.23 | .9 | | | | Finance, insurance, | | | | and real estate: | | | | Current dollars..........| 433.30 | 454.61 | 455.32 | 5.1 Constant (1982) dollars..| 280.63 | 286.82 | 286.54 | 2.1 | | | | Services: | | | | Current dollars..........| 363.05 | 377.38 | 377.59 | 4.0 Constant (1982) dollars..| 235.14 | 238.09 | 237.63 | 1.1 __________________________|________|________|________|______________ 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: | | | | May | $11.36 | $7.36 | $388.51 | $251.63 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.p | 11.72 | 7.40 | 402.00 | 253.79 Mayp | 11.75 | 7.39 | 403.03 | 253.64 _____________|_______________|_______________|_______________|_______________ 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. Table 3. Revised seasonally adjusted average hourly and weekly earnings of production or nonsupervisory workers on private nonfarm payrolls1/ in constant (1982) dollars ________________________________________________________________________________ | | Average hourly earnings |___________________________________________________________ Year | | | | | | | | | | | | | Jan. | Feb. | Mar. | Apr. | May | June ____________________|_________|_________|_________|_________|_________|_________ | | | | | | 1988................| $7.71 | $7.70 | $7.71 | $7.70 | $7.71 | $7.69 1989................| 7.67 | 7.68 | 7.64 | 7.63 | 7.59 | 7.59 1990................| 7.56 | 7.57 | 7.55 | 7.56 | 7.56 | 7.56 1991................| 7.41 | 7.44 | 7.45 | 7.45 | 7.45 | 7.47 1992................| 7.42 | 7.44 | 7.43 | 7.42 | 7.41 | 7.42 1993................| 7.40 | 7.39 | 7.40 | 7.38 | 7.39 | 7.37 1994................| 7.42 | 7.41 | 7.40 | 7.42 | 7.42 | 7.41 1995................| 7.40 | 7.39 | 7.37 | 7.39 | 7.36 | 7.39 1996................| 7.41 | 7.42 | 7.40 | p7.40 | p7.40 | |___________________________________________________________ | | | | | | | | | | | | | July | Aug. | Sept. | Oct. | Nov. | Dec. |_________|_________|_________|_________|_________|_________ | | | | | | 1988................| 7.68 | 7.65 | 7.66 | 7.67 | 7.66 | 7.66 1989................| 7.62 | 7.62 | 7.64 | 7.63 | 7.62 | 7.61 1990................| 7.56 | 7.50 | 7.48 | 7.43 | 7.43 | 7.45 1991................| 7.45 | 7.47 | 7.47 | 7.46 | 7.44 | 7.45 1992................| 7.42 | 7.44 | 7.41 | 7.39 | 7.39 | 7.39 1993................| 7.39 | 7.39 | 7.40 | 7.38 | 7.39 | 7.38 1994................| 7.39 | 7.35 | 7.38 | 7.41 | 7.39 | 7.38 1995................| 7.41 | 7.39 | 7.42 | 7.42 | 7.44 | 7.44 |___________________________________________________________ Table 3. Revised seasonally adjusted average hourly and weekly earnings of production or nonsupervisory workers on private nonfarm payrolls1/ in constant (1982) dollars--Continued ________________________________________________________________________________ | | Average weekly earnings |___________________________________________________________ Year | | | | | | | | | | | | | Jan. | Feb. | Mar. | Apr. | May | June ____________________|_________|_________|_________|_________|_________|_________ | | | | | | 1988................| $267.58 | $267.89 | $266.62 | $267.15 | $267.41 | $266.88 1989................| 266.98 | 264.94 | 264.49 | 264.80 | 261.76 | 261.95 1990................| 260.68 | 261.00 | 261.08 | 261.48 | 260.85 | 261.53 1991................| 253.44 | 254.44 | 254.07 | 254.02 | 254.83 | 257.75 1992................| 253.71 | 256.79 | 256.19 | 255.39 | 254.85 | 254.42 1993................| 253.76 | 254.27 | 252.97 | 254.50 | 255.72 | 254.33 1994................| 257.45 | 254.87 | 256.64 | 256.72 | 257.64 | 256.33 1995................| 256.78 | 255.03 | 254.42 | 255.68 | 251.63 | 254.16 1996................| 250.48 | 255.84 | 255.36 | p253.79 | p253.80 | |___________________________________________________________ | | | | | | | | | | | | | July | Aug. | Sept. | Oct. | Nov. | Dec. |_________|_________|_________|_________|_________|_________ | | | | | | 1988................| 266.41 | 264.84 | 264.89 | 266.75 | 265.14 | 265.82 1989................| 263.78 | 262.75 | 262.72 | 264.09 | 262.78 | 261.80 1990................| 260.90 | 258.06 | 257.92 | 253.99 | 254.92 | 256.92 1991................| 254.90 | 255.58 | 256.83 | 254.97 | 255.11 | 256.35 1992................| 254.61 | 256.52 | 254.08 | 254.18 | 255.84 | 253.58 1993................| 255.10 | 256.35 | 255.17 | 254.60 | 255.02 | 255.48 1994................| 255.65 | 254.46 | 255.50 | 257.78 | 255.63 | 256.15 1995................| 255.80 | 254.34 | 255.34 | 255.93 | 255.91 | 255.11 ____________________|_________|_________|_________|_________|_________|_________ 1/ Data relate to production and related workers in mining and manufacturing; construction workers in construction; and nonsupervisory workers in transportation and public utilities; wholesale and retail trade; finance, insurance, and real estate; and services. NOTE: These data have been revised to reflect the March 1995 employment benchmark and updated seasonal adjustment factors. p = preliminary.