U.S. May real earnings rose 0.5 pct

Biz.Yahoo/Reuters ^ | June 17, 2003

[Starwind]

U.S. May real earnings rose 0.5 pct
Tuesday June 17, 8:32 am ET

 WASHINGTON, June 17 (Reuters) - Labor Department monthly 
U.S. real average weekly earnings data for nonsupervisory 
private workers outside the farm sector, seasonally adjusted.
 Percent changes are for constant 1982 dollars, which
discount the effects of inflation. 
 REAL AVERAGE WEEKLY EARNINGS:
Percent Changes:   May      April    May03/02
.                  0.5       0.2      0.6
Constant 1982 dollars:
.                  May       April    May'02
.                 279.74    278.37   278.16
Real average weekly earnings, in current dollars:
.                  May       April     May'02
.                 516.96    515.27    503.75
COMPONENTS:              May
Avg weekly hours         unch
Avg hourly earnings     +0.3 pct
CPI-W (urban/clerical)  -0.1 pct

[Starwind]

The full BLS report is at REAL EARNINGS IN MAY 2003

[Starwind]

Fyi...

[Lazamataz]

U.S. May real earnings rose 0.5 pct

Actually, for me, May earnings rose 100%. J

[Lazamataz]

We're all gonna...

..... oh, you know.

[arete]

You're shouting again.

Richard W.

[ChadGore]

"I'm
deeply
saddened"

[Lazamataz]

You're shouting again.

Well, at least I'm not running in circles with my hands over my head crying like a little girl.

oh wait, I am....

[steveegg]

We're all gonna...

die?

[steveegg]

Just a bit of good news here; I wonder if "Duh Bulls" already discounted this because the markets aren't reacting too well.

[Starwind]

the markets aren't reacting too well.

Yeah. Volumes are good but there is sumkina tug-o-war going on and it doesn't have the 'propping up' signature I've previously observed.

Maybe some large players unwinding, and others accumulating.

The economic reports are marginal to mediocre when you dig into them, except for housing, but no surprise there. Possibly also reaction to warning season.