Thursday, April 17, 2014
Tweet[IWS] BLS: USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS -- FIRST QUARTER 2014 [17 April 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 -- FIRST QUARTER 2014 [17 April 2014]
http://www.bls.gov/news.release/wkyeng.nr0.htm
or
http://www.bls.gov/news.release/pdf/wkyeng.pdf
[full-text, 10 pages]
Median weekly earnings of the nation's 104.3 million full-time wage and salary
workers were $796 in the first quarter of 2014 (not seasonally adjusted), the
U.S. Bureau of Labor Statistics reported today. This was 3.0 percent higher
than a year earlier, compared with a gain of 1.4 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 first-quarter data
are:
• Median weekly earnings were $796 in the first quarter of 2014. Women
who usually worked full time had median weekly earnings of $722, or
82.8 percent of the $872 median for men. (See table 2.)
• The women's-to-men's earnings ratio varied by race and ethnicity. White
women earned 82.4 percent as much as their male counterparts, compared
with black women (85.6 percent), Asian women (83.8 percent), and Hispanic
women (92.6 percent). (See table 2.)
• Among the major race and ethnicity groups, median weekly earnings for
black men working at full-time jobs were $708 per week, or 78.8 percent of
the median for white men ($898). The difference was less among women, as
black women's median earnings ($606) were 81.9 percent of those for white
women ($740). Overall, median earnings of Hispanics who worked full time
($593) were lower than those of blacks ($646), whites ($819), and Asians
($955). (See table 2.)
• Usual weekly earnings of full-time workers varied by age. Among men, those
age 45 to 54 and 55 to 64 had the highest median weekly earnings, $1,021
and $992, respectively. Usual weekly earnings were highest for women age 35
to 64: weekly earnings were $787 for women age 35 to 44 and for women age
45 to 54, and $776 for women age 55 to 64. Workers age 16 to 24 had the
lowest median weekly earnings, at $465. (See table 3.)
• Among the major occupational groups, persons employed full time in
management, professional, and related occupations had the highest median
weekly earnings--$1,347 for men and $975 for women. Men and women employed
in service jobs earned the least, $581 and $459, respectively. (See table 4.)
• By educational attainment, full-time workers age 25 and over without a high
school diploma had median weekly earnings of $480, compared with $660 for
high school graduates (no college) and $1,199 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 $3,834 or more per week, compared with $2,390 or more
for their female counterparts. (See table 5.)
• Seasonally adjusted median weekly earnings were $791 in the first quarter
of 2014, little changed from the previous quarter ($782). (See table 1.)
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| |
| Revision of Seasonally Adjusted Usual Weekly Earnings Data |
| |
| Seasonally adjusted data for median usual weekly earnings in constant |
| (1982-84) dollars have been updated using revised seasonally adjusted data |
| for the Consumer Price Index for All Urban Consumers (CPI-U). (Data are |
| shown in table 1 of the release.) Seasonally adjusted constant (1982-84) |
| dollar estimates back to the first quarter of 2009 were subject to revision. |
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AND MORE…including TABLES….
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