February 24, 2004 (The Editor’s Desk is updated each business day.) Real earnings in JanuaryReal average weekly earnings increased by 0.2 percent from December to January after seasonal adjustment. A 0.1-percent increase in average hourly earnings combined with a 0.6-percent increase in average weekly hours was partially offset by a 0.6-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 January 2003 to January 2004. After deflation by the CPI-W, average weekly earnings declined by 0.1 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 January 2004" (PDF) (TXT), news release USDL 04-263. Happy 10th Birthday, TED!The very first issue of The Editor's Desk (TED) was posted on September 28, 1998. TED was the first online-only publication of the Bureau of Labor Statistics. For 10 years, BLS has been committed to posting a new TED article each business day, for a total of over 2,400 articles so far. |
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