Investing July 31, 2007
Real Average Earnings Inched Up in June
July 31, 2007 (PLANSPONSOR.com) - Real average
weekly earnings rose by 0.5% in June, according to
preliminary data from the Bureau of Labor Statistics of the
U.S. Department of Labor.
Reported by Adrien Martin
The 0.3% increases in both average weekly hours and average hourly earnings were partially offset by a 0.1% increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Average weekly earnings rose by 3.9% percent from June 2006 to June 2007. After deflation by the CPI-W, average weekly earnings increased by 1.3%.
Average weekly earnings were $587.86 in June 2007, compared with $565.42 a year earlier.
For more information and a breakdown by industry go here.
You Might Also Like:

Participants See the Benefits of Diversification Amid Pandemic
First quarter performance data shows well designed defined contribution retirement plans are doing a decent job at protecting the savings...

Products |
Investment Product and Service Launches
Aegon Asset Management Announces Global Integration; Avantis Investors Launches Additional Mutual Funds; and Vanguard Creates New International Bond Index Fund.

Confidence Remains in an Aging Bull Market
Both for novice individuals and sophisticated institutions, investor perceptions of preparedness for market turbulence can often differ from actual readiness.
« Survey: Short-term Relocation Assignments Outpace Long-term