Question

Go to the Economic News Release webpage of the Bureau of Labor Statistics and find the Employment Situation Report for May 2019 (released on June 7, 2019). In this report find the data on "Average Hourly and Weekly Earnings of All Employees...Seasonally Adjusted." Which Industry had the highest average wage (Average Hourly Earnings) in May 2019? O A. Construction O B. Mining and Logging O C. Information O D. Professional and Business Services O E. Utilities O F. Manufacturing (Durable Goods) OG. Leisure and Hospitality O H. RetailTrade

Answer 1

Data Tools Economic Releases- Publications Home Subjects Students Beta Economic News Release CESCPS SHARE ON: in Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted ESTABLISHMENT DATA Table B-3. Average hourly and weekly earnings of I employees on private nonfarm payrolls by industry sector, seasonally adjusted Average weekly earnings Average hourly eanings June 2019 2019(P) 2019(P) Industry 2019(P) 2019(P) 2018 2018 Total private Goods-producing $27.05 28.19 $27.75 $27.84 $27.90 $933.23 1,141.70 $954.60 1,161.04 $957.70 $959.76 1,169.9 28.81 28.90 28,96 1,164.67 gging 167 71 1 307 68 1 199 99 30 77 Manufacturing 27.03 27.50 7.58 27.65 1,105.53 1.116.50 1,119.75 1,125.36 28.36 1,187.77 Durable goods Nondurable goods 28.97 29.06 29.13 1,174.10 1,191.46 1,197.24 25.07 24.74 24.95 25.03 991.55 998.00 1,001.20 1,002.80 Private service providing 26.7B 27.65 27.50 27.5B 894.45 915.75 918.41 920.75 tion, and utilitics 31 18 31.44 19.57 1 216.02 Wholesale trade 30 51 1 36 1.192.94 1.219.90 1.226.16 Retail trade 18.68 582.82 597.42 600.80 19.46 9.50 598.65 Transportation and warehousing 24./5 94/ 31 955.12 952.88 24.29 24,68 24 81 957.67 1,/b/.4 1.9 on 35.98 1,344,95 34.68 32.50 27.00 35.77 5 97 1.307.44 1.347.21 1-352.85 Financial activities Professional and business services 33.37 33 46 33.59 1,176.50 891.00 1,207.99 1,214.60 904.53 1,219.32 906.51 Fducation and health services 27.42 27.47 27.41 904.86 ospltality 34 57 79 74 793 09 34 96 791 50

On visiting the site,we can clearly see the average hourly earnings of all the industry sector. Among the options given in the question , UTILITIES (highlighted in the picture) has garnered the highest average hourly e.

Following are the data from above picture for May,2019

A.)Construction- $30.69

B.)Mining and logging-$33.62

C.) Information-$41.78

D.)Professional and business services-$33.46

E.) Utilities- $41.88

F.) Manufacturing (Durable goods)-$29.06

G.) Leisure and hospitality-$16.52

H.)Retail trade-$19.50

Clearly, Utilities has the highest average hourly earnings so OPTION 'E' is the correct answer.