IWS Documented News DAILY POSTINGS

IWS Documented News Service
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Institute for Workplace Studies                 Professor Samuel B. Bacharach
School of Industrial & Labor Relations          Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                  Stuart Basefsky
New York, NY 10016                      Director, IWS News Bureau
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REAL EARNINGS IN NOVEMBER 2004 [17 December 2004]
http://www.bls.gov/news.release/realer.nr0.htm
or
http://www.bls.gov/news.release/pdf/realer.pdf
[full-text, 5 pages]


  Real average weekly earnings fell by 0.4 percent from October to November
after seasonal adjustment, according to preliminary data released today by the
Bureau of Labor Statistics of the U.S. Department of Labor.  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 0.2 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.  Earnings of both full-time and part-time
workers holding production or nonsupervisory jobs are included.  Real average
weekly earnings are calculated by adjusting earnings in current dollars for
changes in the CPI-W.

     Average weekly earnings rose by 2.1 percent, seasonally adjusted, from
November 2003 to November 2004.  After deflation by the CPI-W, average weekly
earnings decreased by 1.6 percent.  Before adjustment for seasonal change and
inflation, average weekly earnings were $534.48 in November 2004, compared with
$527.68 a year earlier.

AND MORE...including TABLES....
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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                 *
Director, IWS News Bureau               *
Institute for Workplace Studies *
Cornell/ILR School                      *
16 E. 34th Street, 4th Floor            *
New York, NY 10016                      *
                                        *
Telephone: (607) 255-2703               *
Fax: (607) 255-9641                     *
E-mail: smb6@cornell.edu                *
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