Real earnings fall in November 2004
December 21, 2004
Real average weekly earnings fell by 0.4 percent from October to November after seasonal adjustment.
[Chart data—TXT]
A 0.1-percent increase in average hourly earnings was more than offset by a 0.3-percent decline 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 weekly earnings rose by 2.1 percent, seasonally adjusted, from November 2003 to November 2004. After deflation by the CPI-W, average weekly earnings decreased by 1.6 percent.
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 November 2004" (PDF) (TXT), news release USDL 04-2519.
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