Wednesday, October 21, 2015

Usual Weekly Earnings Summary of Wage and Salary Workers – Third quarter 2015



Median weekly earnings of the nation's 110.4 million full-time wage and salary workers were $803 in the third quarter of 2015 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported today. This was 1.6 percent higher than a year earlier, compared with a gain of 0.1 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period.

Data on usual weekly earnings are collected as part of the Current Population Survey, a nationwide sample survey of households in which respondents are asked, among other things, how much each wage and salary worker usually earns. (See the Technical Note.) Data shown in this release are not seasonally adjusted unless otherwise specified. Highlights from the third-quarter data are:


  --Median weekly earnings were $803 in the third quarter of 2015. Women who     usually worked full time had median weekly earnings of $721, or 81.1 percent     of the $889 median for men. (See table 2.)

  --The women's-to-men's earnings ratio varied by race and ethnicity. White women     earned 80.5 percent as much as their male counterparts, compared with 93.3     percent for black women, 72.2 percent for Asian women, and 91.0 percent for     Hispanic women. (See table 2.)

  --Among the major race and ethnicity groups, median weekly earnings for black     men working at full-time jobs were $652 per week, or 70.9 percent of the     median for white men ($919). The difference was less among women, as black     women's median earnings ($608) were 82.2 percent of those for white women     ($740). Overall, median earnings of Hispanics who worked full time ($602)     were lower than those of blacks ($624), whites ($829), and Asians ($974).     (See table 2.)

  --Usual weekly earnings of full-time workers varied by age. Among men, those     age 55 to 64 had the highest median weekly earnings, at $1,077. Usual weekly     earnings were highest for women age 35 to 64: weekly earnings were $788 for     women age 35 to 44, $794 for women age 45 to 54, and $789 for women age 55     to 64. Workers age 16 to 24 had the lowest median weekly earnings, at $491.     (See table 3.)

  --Among the major occupational groups, persons employed full time in management,     professional, and related occupations had the highest median weekly earnings--    $1,381 for men and $1,000 for women. Men and women employed in service jobs     had much lower earnings, $571 and $465, respectively. (See table 4.)

  --By educational attainment, full-time workers age 25 and over without a high     school diploma had median weekly earnings of $492, compared with $672 for     high school graduates (no college) and $1,234 for those holding at least a     bachelor's degree. Among college graduates with advanced degrees (professional     or master's degree and above), the highest earning 10 percent of male workers     made $3,480 or more per week, compared with $2,413 or more for their female     counterparts. (See table 5.)

  --Seasonally adjusted median weekly earnings were $809 in the third quarter of  2015, little changed from the previous quarter ($803). (See table 1.)






Source: BLS

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