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US Usual Weekly Earnings in in the Second Quarter of 2007
added: 2007-07-24

Median weekly earnings of the nation’s 106.9 million full-time wage and salary workers were $690 in the second quarter of 2007, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This was 4.7
percent higher than a year earlier compared with a gain of 2.7 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 second-quarter data are:

- Women who usually worked full time had median earnings of $607 per week, or 79.6 percent of the $763 median for men. The female-to-male earnings ratios were higher among Hispanics or Latinos (89.9 percent) and blacks (87.3 percent) than among whites (79.2 percent) or Asians (75.3 percent).

- Median earnings for black men working at full-time jobs were $597 per week, 76.2 percent of the median for white men ($783). The difference was less among women, as black women's median earnings ($521) were 84.0 percent of those for their white counterparts ($620). Overall, median earnings of Hispanics or Latinos who worked full time ($503) were lower than those of blacks ($562), whites ($713), and Asians ($827).

- Among men, those age 55 to 64 had the highest median weekly earnings ($950). Women age 45 to 54 had median earnings of $668, about the same as those age 55 to 64 ($664) and age 35 to 44 ($657).

- Among the major occupational groups, persons employed full time in managerial, professional, and related occupations had the highest median weekly earnings--$1,176 for men and $859 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 $440 compared with $597 for high school graduates (no college) and $1,092 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 $2,914 or more per week compared with $1,979 or more for their female counterparts.


Source: U.S. Department of Labor

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