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Economic News Release
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Usual Weekly Earnings Summary

For release 10:00 a.m. (ET) Friday, October 16, 2020 	               USDL-20-1929

Technical information:  *
Media contact:	        (202) 691-5902  *

                           THIRD QUARTER 2020

Median weekly earnings of the nation's 109.7 million full-time wage and salary
workers were $994 in the third quarter of 2020 (not seasonally adjusted), the
U.S. Bureau of Labor Statistics reported today. This was 8.2 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 in this news release.) Data shown in this news release are
not seasonally adjusted unless otherwise specified.

| 										   |
|   Coronavirus (COVID-19) Impact on Third Quarter 2020 Household Survey Data	   |
|										   |
| Usual weekly earnings data for the third quarter of 2020 continue to reflect	   |
| the impact on the labor market of the coronavirus (COVID-19) pandemic and	   |
| efforts to contain it. Changes in weekly earnings in recent quarters must be	   |
| interpreted with caution. More information on labor market developments in	   |
| recent months is available at  |
| and-response-on-the-employment-situation-news-release.htm.			   |

Highlights from the third-quarter data:

 --Median weekly earnings of full-time workers were $994 in the third quarter of
   2020. Women had median weekly earnings of $902, or 81.7 percent of the $1,104
   median for men. (See table 2.)

 --The women's-to-men's earnings ratio varied by race and ethnicity. White women
   earned 81.1 percent as much as their male counterparts, compared with 88.4
   percent for Black women, 79.4 percent for Asian women, and 87.7 percent for
   Hispanic women. (See table 2.)

 --Among the major race and ethnicity groups, median weekly earnings of Blacks ($813)
   and Hispanics ($785) working full-time jobs were lower than those of Whites ($1,008)
   and Asians ($1,392). By sex, median weekly earnings for Black men were $869, or
   77.5 percent of the median for White men ($1,122). Median earnings for Hispanic
   men were $823, or 73.4 percent of the median for White men. The difference was less
   among women, as Black women's median earnings were $768, or 84.4 percent of those 
   for White women ($910), and earnings for Hispanic women were $722, or 79.3 percent
   of those for White women. Earnings of Asian men ($1,542) and women ($1,224) were
   higher than those of their White counterparts. (See table 2.) 

 --By age, median weekly earnings were highest for men ages 35 to 64: weekly earnings
   were $1,237 for men ages 35 to 44, $1,308 for men ages 45 to 54, and $1,252 for men
   ages 55 to 64. Usual weekly earnings were also highest for women ages 35 to 64:
   median weekly earnings were $989 for women ages 35 to 44, $1,002 for women ages 45
   to 54, and $959 for women ages 55 to 64. Men and women ages 16 to 24 had the lowest
   median weekly earnings, $631 and $583, respectively. (See table 3.) 

 --Among the major occupational groups, persons employed full time in management,
   professional, and related occupations had the highest median weekly earnings--$1,598
   for men and $1,198 for women. Men and women employed in service occupations earned
   the least, $721 and $569, respectively. (See table 4.)

 --By educational attainment, full-time workers age 25 and over without a high school
   diploma had median weekly earnings of $642, compared with $793 for high school
   graduates (no college) and $1,457 for those holding at least a bachelor's degree.
   Among college graduates with advanced degrees (master's, professional, and doctoral
   degrees), the highest earning 10 percent of male workers made $3,902 or more per
   week, compared with $3,112 or more for their female counterparts. (See table 5.)

 --Seasonally adjusted median weekly earnings were $998 in the third quarter of 2020,
   little changed from the previous quarter. (See table 1.)

|										   |
|           Revision of Seasonally Adjusted Usual Weekly Earnings Data	           |
|										   |
| The Usual Weekly Earnings news release for the fourth quarter of 2020, scheduled |
| for release in January 2021, 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 2016 will be subject to revision.					   |

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Last Modified Date: October 16, 2020