Real earnings decline in September
October 20, 2003
Real average weekly earnings decreased by 0.3 percent from August to September after seasonal adjustment.
The change resulted from a 0.1-percent decline in average hourly earnings and a 0.3-percent rise in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Average weekly hours were unchanged.
Average weekly earnings rose by 2.1 percent, seasonally adjusted, from September 2002 to September 2003. After deflation by the CPI-W, average weekly earnings decreased by 0.2 percent over the year.
These earnings data are from the Current Employment Statistics Program. These data are for production and nonsupervisory workers in private nonfarm establishments. Earnings data are preliminary and subject to revision. Find out more in "Real Earnings in September 2003" (PDF) (TXT), news release USDL 03-550.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real earnings decline in September on the Internet at http://www.bls.gov/opub/ted/2003/oct/wk3/art01.htm (visited December 22, 2014).