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US: Usual Weekly Earnings in the First Quarter 2008
added: 2008-04-18

Median weekly earnings of the nation’s 106.5 million full-time wage and salary workers were $719 in the first quarter of 2008, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This was 3.8 percent higher than a year earlier, compared with a gain of 4.1 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.

Highlights from the first-quarter data are:

-Women who usually worked full time had median earnings of $637 per week, or 80.6 percent of the $790 median for men. The female-to-male earnings ratios were higher among Hispanics (93.1 percent) and blacks (92.1 percent) than among whites (79.3 percent) or Asians (80.3 percent).

-Median earnings for black men working at full-time jobs were $604 per week, 73.5 percent of the median for white men ($822). The difference was less among women, as black women’s median earnings ($556) were 85.3 percent of those for their white counterparts ($652). Overall, median earnings of Hispanics who worked full time ($520) were lower than those of blacks ($582), whites ($742), and Asians ($842).

-Among men, those age 45 to 54 and age 55 to 64 had the highest median weekly earnings, $927 and $957, respectively. Among women, weekly earnings also were highest for those age 45 to 54 and age 55 to 64, $700 and $702, respectively.

-Among the major occupational groups, persons employed full time in managerial, professional, and related occupations had the highest median weekly earnings-$1,236 for men and $890 for women. Men and women employed in service jobs earned the least.

-Full-time workers age 25 and over without a high school diploma had median weekly earnings of $435, compared with $615 for high school graduates (no college) and $1,108 for those holding at least a bachelor’s degree. Among college graduates with advanced degrees (professional or master’s degree and above), the highest 10 percent of male workers made $3,080 or more per week, compared with $1,988 or more for their female counterparts.


Source: U.S. Department of Labor

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