March 20, 2007 (The Editor’s Desk is updated each business day.) Real average weekly earnings, February 2007Real average weekly earnings fell by 0.3 percent from January 2007 to February 2007 after seasonal adjustment. A 0.3-percent decline in average weekly hours and a 0.4-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) were partially offset by a 0.4-percent rise in average hourly earnings. Average weekly earnings rose by 3.8 percent, seasonally adjusted, from February 2006 to February 2007. After deflation by the CPI-W, average weekly earnings increased by 1.5 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 February 2007" (PDF) (TXT), news release USDL 07-0377. |
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