Wages

Real average weekly earnings fell by 0.4 percent from January 2005 to February 2005 after seasonal adjustment, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor. The change resulted from a 0.4 percent increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Average hourly earnings and average weekly hours were unchanged.

Real average weekly earnings fell by 0.2 percent from December 2004 to January 2005 after seasonal adjustment, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor.

Median weekly earnings of the nation's 101.6 million full-time wage and salary workers were $647 in the fourth quarter of 2004, the Bureau of Labor Statistics of the U.S. Department of Labor reported today.

Real average weekly earnings rose by 0.5 percent from November to December after seasonal adjustment, according to preliminary data released today by the Bureau of Labor Statistics of the U.S. Department of Labor.

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).

Median weekly earnings of the nation's 102.3 million full-time wage and salary workers were $632 in the third quarter of 2004, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. This was 2.3 percent higher than a year earlier, compared with a gain of 2.7 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period.

Definition and use of the term "efficiency wage hypothesis".

Definition and use of the term "efficiency wages".