Inflation-adjusted average weekly earnings rose by 0.4 percent from September
to October, according to the Bureau of Labor Statistics of the U.S. Department
This increase stemmed from a 0.5 percent increase in average hourly earnings
and a 0.1 percent increase in the Consumer Price Index for Urban Wage Earners
and Clerical Workers (CPI-W). Average weekly hours were unchanged.
Inflation-adjusted, or real, average weekly earnings are calculated by adjusting
earnings in current dollars for changes in the CPI-W.
Still, real wages are down in the 12-month period beginning in October 2004.
After deflation by the CPI-W, average weekly earnings decreased by 1.6 percent
from October 2004 to October 2005. Before adjustment for seasonal change and
inflation, average weekly earnings were $555.56 in October 2005, compared with
$534.72 a year earlier.