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Inflation-adjusted Earnings In Motor Vehicles And Parts Industry Down 17 Percent From 1990 To 2018

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9월 6, 2021
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from the Bureau of Labor Statistics

In the motor vehicles and parts manufacturing industry, relatively small gains in workers’ hourly earnings from 1990 to 2018 did not keep pace with inflation. As a result, real (that is, inflation-adjusted) average hourly earnings declined in motor vehicles and parts manufacturing over the 1990 – 2018 period. In contrast, inflation-adjusted hourly earnings in the total private sector increased over this period.

In December 2018, real average hourly earnings of production and nonsupervisory workers in motor vehicles and parts manufacturing were 17.1 percent lower than their level in January 1990. Over the same period, average hourly earnings for all private-industry production and nonsupervisory workers increased 17.9 percent.

These data are from the Current Employment Statistics program and are seasonally adjusted. For more information, see “The relative weakness in earnings of production workers in manufacturing, 1990 – 2018,” in the Monthly Labor Review.

Source

https://www.bls.gov/opub/ted/2020/inflation-adjusted-earnings-in-motor-vehicles-and-parts-industry-down-17-percent-from-1990-to-2018.htm

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