Wednesday, November 18, 2009

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[IWS] BLS: REAL EARNINGS -- OCTOBER 2009 [19 November 2009]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

REAL EARNINGS -- OCTOBER 2009 [19 November 2009]
http://www.bls.gov/news.release/realer.nr0.htm
or
http://www.bls.gov/news.release/pdf/realer.pdf
[full-text, 6 pages]

Real average hourly earnings fell 0.1 percent from September to October, seasonally adjusted, the U.S.
Bureau of Labor Statistics reported today.  A 0.3 percent increase in the Consumer Price Index for
Urban Wage Earners and Clerical Workers (CPI-W) slightly offset a 0.3 percent increase in average
hourly earnings for production and nonsupervisory workers.

Real average weekly earnings fell 0.1 percent over the month, as a result of a decline in real average
hourly earnings and an unchanged average work week.  Since reaching a recent high point in December
2008, real average weekly earnings have fallen by 1.9 percent.

Real average hourly earnings grew 2.8 percent, seasonally adjusted, from October 2008 to October 2009.
A 1.5 percent decline in average weekly hours partly offset the increase in real average hourly earnings
and resulted in a 1.2 percent increase in real average weekly earnings during this period.


Real Earnings for November 2009 is scheduled to be released on Wednesday, December 16, 2009 at
8:30 a.m. (EST).

AND MORE...including TABLES...

______________________________
This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

****************************************
Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
****************************************






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