Thursday, November 15, 2007

Construction Wages Slip Slightly in October

Average hourly earnings in October for workers in construction trades slipped 0.3% from September to $21.23, according to the most recent figures from the Bureau of Labor Statistics. That figure was 3.8% over earnings for October of 2006.
Weekly construction trade earnings for October were virtually flat with September at $838.59, 3.3% above October, 2006 earnings.
For all U.S. workers, average weekly earnings fell by 0.2% from September to October to $595.22.
The BLS also reported that the Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2% in October before seasonal adjustment. The October level of 208.936 (1982-84=100) was 3.5% higher than in October, 2006.

No comments: