Economic News Release

Usual Weekly Earnings Summary

For release 10:00 a.m. (EDT) Friday, October 24, 2014			USDL-14-1966

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 -- THIRD QUARTER 2014


Median weekly earnings of the nation's 107.9 million full-time wage and salary workers
were $790 in the third quarter of 2014 (not seasonally adjusted), the U.S. Bureau of
Labor Statistics reported today. This was 2.5 percent higher than a year earlier,
compared with a gain of 1.8 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 third-quarter data are:

•	Median weekly earnings were $790 in the third quarter of 2014. Women who
	usually worked full time had median weekly earnings of $715, or 82.2 percent
	of the $870 median for men. (See table 2.)

•	The women's-to-men's earnings ratio varied by race and ethnicity. White
	women earned 81.8 percent as much as their male counterparts, compared
	with black (89.5 percent), Asian (73.1 percent), and Hispanic women
	(89.6 percent). (See table 2.)

•	Among the major race and ethnicity groups, median weekly earnings for black
	men working at full-time jobs were $679 per week, or 75.8 percent of the
	median for white men ($896). The difference was less among women, as black
	women's median earnings ($608) were 82.9 percent of those for white women
	($733). Overall, median earnings of Hispanics who worked full time ($598)
	were lower than those of blacks ($638), whites ($816), and Asians ($945).
	(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, at $1,053. Usual weekly
	earnings were highest for women age 35 to 64: weekly earnings were $784 for
	women age 35 to 44, $772 for women age 45 to 54, and $787 for women age 55
	to 64. Workers age 16 to 24 had the lowest median weekly earnings, at $480.
	(See table 3.)

•	Among the major occupational groups, persons employed full time in management,
	professional, and related occupations had the highest median weekly earnings--
	$1,326 for men and $980 for women. Men and women employed in service jobs had
	much lower earnings, $585 and $467, respectively. (See table 4.)

•	By educational attainment, full-time workers age 25 and over without a high
	school diploma had median weekly earnings of $488, compared with $681 for
	high school graduates (no college) and $1,170 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 $3,439 or more per week, compared with $2,293 or more for their female
	counterparts. (See table 5.)

•	Seasonally adjusted median weekly earnings were $797 in the third quarter of
	2014, up from the previous quarter ($782). (See table 1.)


 ____________________________________________________________________________
|									     |
|	Revision of Seasonally Adjusted Usual Weekly Earnings Data	     |
|									     |
|   The Usual Weekly Earnings news release for the fourth quarter of 2014    |
|   will incorporate annual revisions to seasonally adjusted data for the    |
|   number of full-time wage and salary workers and median weekly earnings   |
|   in current dollars. (See table 1.) Estimates for constant (1982-84)	     |
|   dollar median weekly earnings also will be affected by revisions to the  |
|   current dollar series. Seasonally adjusted estimates back to the first   |
|   quarter of 2010 will be subject to revision.			     |
|____________________________________________________________________________|	



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Last Modified Date: October 24, 2014
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