CPI-W for April 2014

COLA adjustments for craft employees are tied to the CPI-W figures put out by BLS. Even though the cost of living seems to be hitting us all much harder than is identified by the manipulated figures of CPI-W, it does identify the rise in the cost of living. Yet with the wages of postal workers becoming nearly stagnant over the past several contracts, the COLA's do at rare times and add tiny increase in wages. It appears that may be the case this upcoming COLA period, but we still have a couple of months to go. Here are the latest figures:

"... The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 2.0 percent over the last 12 months to an index level of 233.443 (1982-84=100). For the month, the index rose 0.4 percent prior to seasonal adjustment. ..."   
Source: www.bls.gov

Visit Our Homepage