Inflation-adjusted wages rose in May for the first time since January, according
to the Bureau of Labor Statistics of the U.S. Department of Labor.
After adjustment for changes in consumer prices, average weekly earnings rose
by 0.3 percent from April to May. This was due to a 0.2 percent increase in
average hourly earnings and a 0.1 percent decline in the Consumer Price Index
for Urban Wage Earners and Clerical Workers (CPI-W). Average weekly hours were
Average weekly earnings rose by 2.6 percent, seasonally adjusted, from May
2004 to May 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 $543.42 in May 2005, compared with $531.42 a year earlier.