Technical information:(202) 691-6378 USDL 08-0507
http://www.bls.gov/cps/
For release: 10:00 A.M. (EDT)
Media contact: (202) 691-5902 Thursday, April 17, 2008
USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS:
FIRST QUARTER 2008
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 today. This was 3.8 per-
cent 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 Popula-
tion 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.) 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). (See table 1.)
--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 dif-
ference was less among women, as black women’s median earnings ($556)
were 85.3 percent of those for their white counterparts ($652). Over-
all, median earnings of Hispanics who worked full time ($520) were
lower than those of blacks ($582), whites ($742), and Asians ($842).
(See table 1.)
--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. (See table 2.)
--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. (See table 3.)
--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. (See table 4.)