Average weekly earnings rose by 3.6 percent, seasonally adjusted, from July 2006 to July 2007. This is according to data released by the U.S. Department of Labor's Bureau of Labor Statistics.
Real average weekly earnings are calculated by adjusting earnings in current dollars for changes in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). After deflation by the CPI-W, average weekly earnings increased by 1.3 percent over the year.
In terms of month-to-month percentage change, real average weekly earnings fell by 0.1 percent from June 2007 to July 2007after seasonal adjustment.
This earnings data is from the Current Employment Statistics Program. Find out more about the change in earnings and real earnings in "Real Earnings in July 2007," news release USDL 07-1243. This data is for production and non-supervisory workers on private nonfarm establishments. Data for the two most recent months is preliminary and subject to revision.
