Economic News Release

Usual Weekly Earnings Summary

For release 10:00 a.m. (EST) Wednesday, January 22, 2014 	               USDL-14-0094

Technical information:	(202) 691-6378  •  cpsinfo@bls.gov  •  www.bls.gov/cps
Media contact:  	(202) 691-5902  •  PressOffice@bls.gov


                      USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS
                                     FOURTH QUARTER 2013


Median weekly earnings of the nation's 104.8 million full-time wage and salary workers were
$786 in the fourth quarter of 2013 (not seasonally adjusted), the U.S. Bureau of Labor
Statistics reported today. This was 1.4 percent higher than a year earlier, compared with
a gain of 1.2 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.) Data shown in
this release are not seasonally adjusted unless otherwise specified. Highlights from the
fourth-quarter data are:

   • Seasonally adjusted median weekly earnings were $782 in the fourth quarter of 2013,
     little changed from the previous quarter ($778). (See table 1.)

   • On a not seasonally adjusted basis, median weekly earnings were $786 in the fourth
     quarter of 2013. Women who usually worked full time had median weekly earnings of
     $713, or 82.0 percent of the $869 median for men. (See table 2.)

   • The women's-to-men's earnings ratio varied by race and ethnicity. White women earned
     81.3 percent as much as their male counterparts, compared with black (96.1 percent),
     Asian (77.7 percent), and Hispanic women (89.4 percent). (See table 2.)

   • Among the major race and ethnicity groups, median weekly earnings for black men
     working at full-time jobs were $646 per week, or 72.1 percent of the median for
     white men ($896). The difference was less among women, as black women's median
     earnings ($621) were 85.3 percent of those for white women ($728). Overall, median
     earnings of Hispanics who worked full time ($576) were lower than those of blacks
     ($632), whites ($813), and Asians ($916). (See table 2.)

   • Usual weekly earnings of full-time workers varied by age. Among men, those age 55
     to 64 had the highest median weekly earnings ($1,048). Among women, usual weekly
     earnings were highest for those age 35 to 64; weekly earnings were $775 for women
     age 35 to 44, $767 for women age 45 to 54, and $789 for women age 55 to 64. Workers
     age 16 to 24 had the lowest median weekly earnings, at $474. (See table 3.)

   • Among the major occupational groups, persons employed full time in management,
     professional, and related occupations had the highest median weekly earnings--
     $1,367 for men and $992 for women. Men and women employed in service jobs earned
     the least, $546 and $452, respectively. (See table 4.)

   • By educational attainment, full-time workers age 25 and over without a high school
     diploma had median weekly earnings of $468, compared with $648 for high school
     graduates (no college) and $1,219 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 $3,469 or more per week,
     compared with $2,417 or more for their female counterparts. (See table 5.)

Annual Averages for 2012 and 2013

In addition to the data for the fourth quarter, this release includes 2012 and 2013 annual
averages of median weekly earnings for major demographic and occupational groups, and 2013
annual average data for educational attainment groups. (See tables 7, 8, and 9.) Annual
average data on median usual weekly earnings for men and women by detailed occupational
categories will be posted online at www.bls.gov/cps/tables.htm when they become available.

   _____________________________________________________________________________________
  |                                                                                     |
  |              Revision of Seasonally Adjusted Usual Weekly Earnings Data             |
  |                                                                                     |
  |Seasonally adjusted median usual weekly earnings data shown in table 1 of this       |
  |release have been revised using updated seasonal adjustment factors from the Current |
  |Population Survey, a procedure done at the end of each calendar year. The revisions  |
  |directly affected the number of full-time wage and salary workers and current dollar |
  |estimates of median weekly earnings; estimates of constant (1982-84) dollar median   |
  |weekly earnings were indirectly affected. Seasonally adjusted estimates back to the  |
  |first quarter of 2009 were subject to revision.                                      |
  |                                                                                     |
  |The Usual Weekly Earnings news release for the first quarter of 2014, scheduled for  |
  |release on April 17, 2014, will incorporate revisions to the seasonally adjusted data|
  |for the median weekly earnings in constant (1982-84) dollars. Seasonally adjusted    |
  |constant (1982-84) dollar estimates back to the first quarter of 2009 will be subject|
  |to revision due to annual revisions to seasonally adjusted data for the Consumer     |
  |Price Index for All Urban Consumers (CPI-U).                                         |
  |_____________________________________________________________________________________|
   



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Last Modified Date: January 22, 2014
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