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Consumer Price Index - February 2000 The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) measures changes in the cost of a typical "market basket" of goods and services purchased by a typical urban worker. The index compares the current cost of that market basket with the cost in a base year. Monthly figures are not seasonally adjusted. Value of the CPI-W
NOTE: As of January 1988, the 1957-59 CPI-W is no longer being published. Our calculation was made by converting the 1982-84 CPI-W to the 1957-59 base. We continue to urge local unions to avoid use of the 1982-84 base in COLA clauses. This position was spelled out in Administrative Letters dated June 16, 1987 (Vol. 37, Letter No. 4) and October 30, 1989 (Vol. 39, Letter No. 3).
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Labor Law, Unions, Employment in |
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