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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?

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

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May 19, 2005
Wages, Hours Rise, But So Do Consumer Prices

Average weekly earnings increased by 0.2 percent from March to April after adjustment for a rise in consumer prices and for seasonal change, according to the Bureau of Labor Statistics of the U.S. Department of Labor.

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A 0.3 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 3.3 percent, seasonally adjusted, from April 2004 to April 2005. After deflation by the CPI-W, average weekly earnings decreased by 0.3 percent. Before adjustment for seasonal change and inflation, average weekly earnings were $537.60 in April 2005, compared with $522.27 a year earlier.

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