8:39 p.m.
Saturday, 18 November 2017

Median weekly earnings of the nation's 102.8 million full-time wage and salary workers were $771 in second quarter

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Caléxico, California, july 18th.- Median weekly earnings of the nation's 102.8 million full-time wage and salary workers were $771 in the second quarter of 2012 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported today.

This was 2.4 percent higher than a year earlier, compared with a gain of 1.9 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. Data shown in this release are not seasonally adjusted unless otherwise specified. Highlights from the second-quarter data are as follows:

--Seasonally adjusted median weekly earnings were $773 in the second quarter of 2012, little changed from the previous quarter ($763).

--On a not seasonally adjusted basis, median weekly earnings were $771 in the second quarter of 2012. Women who usually worked full time had median weekly earnings of $689, or 79.7 percent of the $865 median for men.

--The female-to-male earnings ratio varied by race and ethnicity. Black women earned 92.2 percent as much as their male counterparts, compared with Hispanic (87.5 percent), white (78.7 percent), and Asian women (70.6 percent).

--Among the major race and ethnicity groups, median weekly earnings for black men working full time were $668, or 75.0 percent of the median for white men ($891). The difference was smaller among women, as black women's median weekly earnings ($616) were 87.9 percent of those for white women ($701). Overall, median weekly earnings of Hispanics who worked full time ($576) were lower than those of blacks ($637), whites ($792), and Asians ($930).

--Usual weekly earnings of full-time workers varied by age. Among both men and women, median weekly earnings tend to be higher in the older age groups. Men between the ages of 45 to 54 had median weekly earnings of $1,003, about the same as the median for men age 55 to 64 ($1,015). Usual weekly earnings were highest for women age 35 to 64; weekly earnings were $749 for women age 35 to 44, $733 for women age 45 to 54, and $760 for women age 55 to 64. Workers age 16 to 24 had the lowest median weekly earnings, at $429.

--Among the major occupational groups, persons employed full time in management, professional, and related occupations had the highest median weekly earnings--$1,342 for men and $945 for women. Men and women employed in service jobs earned the least, $529 and $435, respectively.

--By educational attainment, full-time workers age 25 and over without a high school diploma had median weekly earnings of $483, compared with $659 for high school graduates (no college) and $1,164 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 $3,481 or more per week, compared with $2,304 or more for their female counterparts

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