Real Earnings Climb 0.6% in June

July 19, 2006 ( - Real average weekly earnings increased by 0.6% from May to June, and average weekly earnings climbed by 4.5% from June last year, according to the Department of Labor's Bureau of Labor Statistics.

The increase was an improvement from the month before, when weekly earnings fell by 0.7% from April to May (See Average Weekly Earnings Drops in May ).

The BLS found that a 0.3% increase in average weekly hours from May to June, combined with a 0.5% increase in average hourly earnings, was partially offset by a 0.2% increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).

The BLS gathers the data on average weekly earnings from the payroll reports of private non-farm establishments and includes the earnings of full-time and part-time workers that hold production or supervisory positions.

Before adjustment for seasonal change and inflation, average weekly earnings were $564.40 in June 2006, compared with $539.79 a year earlier.