January 20, 2004
Real average weekly earnings decreased by 0.6 percent from November to December after seasonal adjustment.
A 0.2-percent increase in average hourly earnings was more than offset by a 0.6-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 1.7 percent, seasonally adjusted, from December 2002 to December 2003. After deflation by the CPI-W, average weekly earnings were unchanged 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 December 2003" (PDF) (TXT), news release USDL 04-30.