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US: Usual Weekly Earnings - Third Quarter 2007
added: 2007-10-19

Median weekly earnings of the nation's 108.3 million full-time wage and salary workers were $695 in the third quarter of 2007, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This was 3.0 percent higher than a year earlier, compared with a gain of 2.4 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period.


Data on usual 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. Highlights from the third-quarter data
are:
-Women who usually worked full time had median earnings of $616 per week, or 80.3 percent of the $767 median for men. The female-to-male earnings ratios were higher among Hispanics (90.5 percent) and blacks (86.4 percent) than among whites (80.4 percent) or Asians (77.9 percent).

-Median earnings for black men working at full-time jobs were $618 per week, 78.8 percent of the median for white men ($784). The difference was less among women, as black women's median earnings ($534) were 84.8 percent of those for their white counterparts ($630). Overall, median earnings of Hispanics who worked full time ($502) were lower than those of blacks ($578), whites ($713), and Asians ($842).

-Among men, those age 45 to 54 and age 55 to 64 had the highest median weekly earnings, $916 and $915, respectively. Among women, earnings were highest for those age 45 to 54 ($686).

-Among the major occupational groups, persons employed full time in managerial, professional, and related occupations had the highest median weekly earnings-$1,205 for men and $868 for women. Men and women in service jobs earned the least.

-Full-time workers age 25 and over without a high school diploma had median weekly earnings of $422, compared with $610 for high school graduates (no college) and $1,088 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 $2,923 or more per week, compared with $2,120 or more for their female counterparts.


Source: U.S. Department of Labor

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