Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?

Download Now!

This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

Download Now!
February 22, 2006
Inflation Pushes Wages Downward

Inflation-adjusted, or real, average weekly earnings fell by 0.2 percent from December 2005 to January 2006 after seasonal adjustment, according to the Bureau of Labor Statistics of the U.S. Department of Labor.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

The decline stemmed from a 0.7 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which was partially offset by a 0.4 percent increase in average hourly earnings. Average weekly hours were unchanged.

Average weekly earnings rose by 3.6 percent, seasonally adjusted, from January 2005 to January 2006. After deflation by the CPI-W, average weekly earnings decreased by 0.4 percent. Before adjustment for seasonal change and inflation, average weekly earnings were $558.38 in January 2006, compared with $537.26 a year earlier.

Featured Special Report:
Top 100 FLSA Overtime Q&As
Twitter  Facebook  Linked In
Follow Us
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: