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US Real Earnings in June 2009
added: 2009-07-16

Real average weekly earnings fell by 1.2 percent from May to June after seasonal adjustment, according to preliminary data released by the Bureau of Labor Statistics of the U.S. Department of Labor.

This decrease stemmed from a 0.3 percent decrease in average weekly hours and a 0.9 increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Average hourly earnings were unchanged.

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 0.9 percent, seasonally adjusted, from June 2008 to June 2009. After deflation by the CPI-W, average weekly earnings increased by 2.6 percent. Before adjustment for seasonal change and inflation, average weekly earnings were $609.37 in June 2009, compared with $613.80 a year earlier.


Source: U.S. Department of Labor

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