USA: Wages Fall In April

 
 
May 2nd, 2008 • Related • Filed Under

American real average weekly earnings fell by 0.2 percent from March 2008 to April 2008 to $602.56 after seasonal adjustment, according to data released by the U.S. Department of Labor. Over the past 12 months, weekly earnings rose by 3.4 percent.

In April, average hourly earnings edged up by 1 cent, or 0.1 percent, to $17.88, seasonally adjusted. This followed gains of 6 cents in February and in March.

Data on American average weekly earnings are collected from the payroll reports of private non-farm establishments. Earnings of both full-time and part-time workers holding production or non-supervisory jobs are included.

April 2008 earnings of production and non-supervisory workers
on private non-farm payrolls not seasonally adjusted

Industry Average Weekly Earnings $ (£) 12 Month % change
Goods-producing 761.20 (387.45) 2.3
Natural resources and mining 955.21 (486.20) 0.0
Construction 822.68 (418.74) 3.8
Manufacturing 717.26 (365.09) 1.7
Private service-providing 567.36 (288.79) 2.0
Trade, transportation, and utilities 533.61 (271.61) 1.5
Wholesale trade 764 (388.88) 1.3
Retail trade 385.51 (196.22) 0.0
Transportation and
warehousing		 661.38 (336.64) 2.5
Utilities 1218.23 (620.08) 3.0
Information 890.16 (453.09) 0.7
Financial activities 719.71 (366.33) 0.0
Professional and business services 722.80 (367.91) 2.3
Education and health services 604.91 (307.91) 3.2
Leisure and hospitality 271.4 (138.14) 2.4
Other services 486.67 (247.72) 1.5

exchange rate used £1.00 = $1.96

 

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