February 22, 2002 (The Editor’s Desk is updated each business day.) Real average weekly earnings down in JanuaryReal 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 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 2002," news release USDL 02-96. |
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