Real earnings in October
November 21, 2007
Real average weekly earnings fell by 0.2 percent from September 2007 to October 2007 after seasonal adjustment.
This decline stemmed from a 0.3-increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which was partially offset by a 0.2-percent increase in average hourly earnings. Average weekly hours were unchanged.
Average weekly earnings rose by 3.5 percent, seasonally adjusted, from October 2006 to October 2007. After deflation by the CPI-W, average weekly earnings decreased by 0.3 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 October 2007" (PDF) (TXT), news release USDL 07-1789.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings in October on the Internet at http://www.bls.gov/opub/ted/2007/nov/wk3/art03.htm (visited February 08, 2016).