A Note of Average Hourly Earnings in Aircraft and Guided Missiles and Space Vehicles Manufacturing - Sic 3721 - Sic 3761

Employment and Earnings, May, 1999

                                   Average hourly earnings

      Industry                   Mar.           Apr.       Feb.
                                1998            1998       1999
Total private:
 Current dollars              $12.68          $12.69     $13.09
 Constant (1982) dollars        7.74            7.73       7.87

Mining:
 Current dollars               16.89           16.64      17.13
 Constant (1982) dollars       10.31           10.26      10.30

Construction:
 Current dollars               16.29           16.34      16.63
 Constant (1982) dollars        9.95            9.95      10.00

Manufacturing:
 Current dollars               13.47           13.46      13.66
 Constant (1982) dollars        8.22            8.20       8.21

Transportation and
 public utilities:
 Current dollars               15.24           15.27      15.59
 Constant (1982) dollars        9.30            9.30       9.37

Wholesale trade:
 Current dollars               13.86           13.90      14.33
 Constant (1982) dollars        8.46            8.47       8.62

Retail trade:
 Current dollars                8.67            8.70       9.00
 Constant (1982) dollars        5.29            5.30       5.41

Finance, Insurance, and
 real estate:
 Current dollars               13.97           13.98      14.55
 Constant (1982) dollars        8.53            8.51       8.75

Services:
 Current dollars               12.77           12.77      13.32
 Constant (1982) dollars        7.80            7.78       8.01

                                Average  hourly     Average weekly
                                   earnings            earnings
 Industry                      Mar.        Apr.          Mar.
                              1999(p)     1999(p)       1998
Total private:
 Current dollars              $13.09      $13.12       $437.46
 Constant (1982) dollars        7.86        (2)         267.07

Mining:
 Current dollars               17.09      $17.01        733.03
 Constant (1982) dollars       10.26        (2)         447.52

Construction:
 Current dollars               16.76      $16.83        617.39
 Constant (1982) dollars       10.06        (2)         376.92

Manufacturing:
 Current dollars               13.72      $13.80        561.70
 Constant (1982) dollars        8.24        (2)         342.92

Transportation and
 public utilities:
 Current dollars               15.54      $15.63        600.46
 Constant (1982) dollars        9.33        (2)         366.58

Wholesale trade:
 Current dollars               14.23      $14.18        532.22
 Constant (1982) dollars        8.54        (2)         324.92

Retail trade:
 Current dollars                8.98       $8.96        248.83
 Constant (1982) dollars        5.39        (2)         151.91

Finance, Insurance, and
 real estate:
 Current dollars               14.53      $14.62        514.10
 Constant (1982) dollars        8.72        (2)         313.86

Services:
 Current dollars               13.33      $13.34        417.58
 Constant (1982) dollars        8.00        (2)         254.93

                                    Average weekly earnings

 Industry                     Apr.      Feb.       Mar.      Apr.
                              1998      1999     1999(p)    1999(p)
Total private:
 Current dollars             $434.00   $448.99    $447.68   $450.02
 Constant (1982) dollars      264.31    269.99     268.72     (2)

Mining:
 Current dollars              730.86    731.45     722.91   $739.94
 Constant (1982) dollars      445.10    439.84     433.92     (2)

Construction:
 Current dollars              620.92    630.28     630.18   $649.64
 Constant (1982) dollars      378.15    379.00     378.26     (2)

Manufacturing:
 Current dollars              649.17    564.16     568.01   $574.08
 Constant (1982) dollars      334.45    339.24     340.94     (2)

Transportation and
 public utilities:
 Current dollars              597.06    608.01     604.51   $604.88
 Constant (1982) dollars      363.62    365.61     362.85     (2)

Wholesale trade:
 Current dollars              529.59    648.84     545.01   $544.51
 Constant (1982) dollars      322.53    330.03     327.14     (2)

Retail trade:
 Current dollars              249.69    257.40     256.83   $258.05
 Constant (1982) dollars      152.06    154.78     154.16     (2)

Finance, Insurance, and
 real estate:
 Current dollars              504.68    528.17     524.53   $526.32
 Constant (1982) dollars      307.36    317.60     314.64     (2)

Services:
 Current dollars              413.75    432.90     431.89   $433.55
 Constant (1982) dollars      251.98    260.31     259.24     (2)