NEWS Release - USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS SECOND QUARTER 2016
Median weekly earnings of the nation's 111.2 million full-time wage and salary workers were $824 in the second quarter of 2016 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported today.
This was 2.9 percent higher than a year earlier, compared with a gain of 1.1 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 in this news release.) Data shown in this release are not seasonally adjusted unless otherwise specified. Highlights from the second-quarter data are:
• Median weekly earnings of full-time workers were $824 in the second quarter of 2016. Women had median weekly earnings of $744, or 81.8 percent of the $909 median for men. (See table 2.)
• The women's-to-men's earnings ratio varied by race and ethnicity. White women earned 80.7 percent as much as their male counterparts, compared with Black women (91.8 percent), Asian women (79.1 percent), and Hispanic women (89.1 percent). (See table 2.)
• Among the major race and ethnicity groups, median weekly earnings for Black men working at full-time jobs were $704, or 74.8 percent of the median for White men ($941). The difference was less among women, as Black women's median earnings ($646) were 85.1 percent of those for White women ($759). Overall, median earnings of Hispanics who worked full time ($618) were lower than those of Blacks ($677), Whites ($854), and Asians ($1,021). (See table 2.)
• By age, median weekly earnings were not much different for men ages 35 to 44 ($1,024), 45 to 54 ($1,063), 55 to 64 ($1,054), and 65 and over ($1,032) in the second quarter of 2016. For women, usual weekly earnings were highest for those ages 35 to 44 ($845) and 45 to 54 ($829). Workers age 16 to 24 had the lowest median weekly earnings, at $492. (See table 3.)
• Among the major occupational groups, persons employed full time in management, professional, and related occupations had the highest median weekly earnings—$1,405 for men and $1,019 for women. Men and women employed in service jobs earned the least, $564 and $480, respectively. (See table 4.)
• By educational attainment, full-time workers age 25 and over without a high school diploma had median weekly earnings of $499, compared with $690 for high school graduates (no college) and $1,249 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 $3,517 or more per week, compared with $2,593 or more for their female counterparts. (See table 5.)
• Seasonally adjusted median weekly earnings were $828 in the second quarter of 2016, essentially unchanged from the previous quarter ($823). (See table 1.)
page source http://www.bls.gov/
