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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (37246)	9/15/2005 11:21:40 AM
From: mishedlo	Respond to of 116555

Indonesia's Energy Policy: A Lesson in Failure by K.Y. Leong mises.org

To: ild who wrote (37246)	9/15/2005 11:27:30 AM
From: mishedlo	Respond to of 116555

REAL EARNINGS IN AUGUST 2005 Real average weekly earnings fell by 0.5 percent from July to August after seasonal adjustment, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor. A 0.1 percent increase in average hourly earnings was more than offset by a 0.6 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Average weekly hours were unchanged. Data on average weekly earnings are collected from the payroll reports of private nonfarm establishments. Earnings of both full-time and part-time workers holding production or nonsupervisory jobs are included. Real average weekly earnings are calculated by adjusting earnings in current dollars for changes in the CPI-W. Average weekly earnings rose by 2.7 percent, seasonally adjusted, from August 2004 to August 2005. After deflation by the CPI-W, average weekly earnings decreased by 1.1 percent. Before adjustment for seasonal change and inflation, average weekly earnings were $545.70 in August 2005, compared with $535.57 a year earlier. _____________________________ Real Earnings for September 2005 will be released on Friday, October 14, 2005. more here: bls.gov