Real average weekly earnings fell by 0.5 percent from December to January after seasonal adjustment.
This decline in real average weekly earnings was due to a 0.3-percent drop in average weekly hours and a 0.2-percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Average hourly earnings were unchanged.
These earnings data are a product of the Current Employment StatisticsProgram. 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 January 2002," news release USDL 02-96.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Real average weekly earnings down in January at https://www.bls.gov/opub/ted/2002/feb/wk3/art04.htm (visited February 21, 2024).