Wednesday, January 22, 2014
Tweet[IWS] BLS: USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS FOURTH QUARTER 2013 [22 January 2014]
IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor---------------------- Stuart Basefsky
New York, NY 10016 -------------------------------Director, IWS News Bureau
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USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS FOURTH QUARTER 2013 [22 January 2014]
http://www.bls.gov/news.release/wkyeng.nr0.htm
or
http://www.bls.gov/news.release/pdf/wkyeng.pdf
[full-text, 15 pages]
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.
AND MORE...including TABLES....
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