Real average weekly earnings, May 2008
June 17, 2008
Real average weekly earnings fell by 0.4 percent from April 2008 to May 2008 after seasonal adjustment.
A 0.3-percent increase in average hourly earnings partially offset a 0.7-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Average weekly hours were unchanged.
Average weekly earnings rose by 3.2 percent, seasonally adjusted, from May 2007 to May 2008. After deflation by the CPI-W, average weekly earnings decreased by 1.2 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 €ŒReal Earnings in May 2008,€ (PDF) (HTML) news release USDL 08-0791.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average weekly earnings, May 2008 on the Internet at http://www.bls.gov/opub/ted/2008/jun/wk3/art02.htm (visited April 28, 2015).