Real average weekly earnings decreased by 0.7 percent from February to March after
seasonal adjustment, according to the Bureau of Labor Statistics of the U.S. Department
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 0.5 percent increase in the
Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W).
Data on average weekly earnings are collected from the payroll reports of private
nonfarm establishments. Real average weekly earnings are calculated by adjusting
earnings in current dollars for changes in the CPI-W.
Average weekly earnings rose by 1.5 percent, seasonally adjusted, from March
2003 to March 2004. After deflation by the CPI-W, average weekly earnings were
unchanged. Before adjustment for seasonal change and inflation, average weekly
earnings were $520.93 in March 2004, compared with $515.95 a year earlier.