Average weekly wages in private industries, 2005-2014

October 27, 2015

From 2005 to 2014, average weekly wages for all private industries increased from $779 to $986, or 27 percent. Over that same period, the Consumer Price Index for All Urban Consumers rose 21 percent. Utilities had the highest average weekly wages over that period among private industries, increasing from $1,446 in 2005 to $1,887 in 2014. The average weekly wage in 2014 for utilities was 47 percent higher than that for all private industries.

Average weekly wages in private industries, 2005–2014, annual averages
Industry 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

Total private

$779 $816 $853 $873 $868 $893 $920 $946 $956 $986

Utilities

1,446 1,507 1,582 1,618 1,632 1,669 1,742 1,802 1,830 1,887

Information

1,209 1,269 1,330 1,361 1,369 1,431 1,506 1,576 1,669 1,747

Financial activities

1,238 1,325 1,423 1,426 1,347 1,423 1,488 1,541 1,553 1,640

Wholesale trade

1,063 1,116 1,168 1,189 1,185 1,224 1,272 1,312 1,319 1,366

Professional and business services

953 999 1,060 1,105 1,122 1,157 1,190 1,240 1,243 1,282

Manufacturing

948 989 1,029 1,046 1,055 1,106 1,139 1,163 1,175 1,211

Natural resources and mining

752 825 879 946 912 958 1,033 1,076 1,098 1,147

Construction

810 856 900 943 948 954 975 1,006 1,023 1,058

Transportation and warehousing

760 786 820 826 824 850 872 896 912 937

Education and health services

724 752 779 807 828 839 854 871 865 884

Other services

498 518 538 553 554 565 575 579 632 653

Retail trade

479 492 502 503 503 513 521 533 539 553

Leisure and hospitality

328 342 356 364 363 373 380 389 393 404

From 2005 to 2008, financial activities had the second-highest average weekly wage among private industries. From 2008 to 2009, the average weekly wage in financial activities decreased from $1,426 to $1,347.  Since then, average weekly wages in financial activities ranked third among private industries, behind information and utilities.

Wholesale trade, professional and business services, manufacturing, and construction, had average weekly wages greater than the average for all private industries from 2005 to 2014. In 2006, the average weekly wage for natural resources and mining surpassed the average weekly wage for all private industries and remained higher through 2014.

Leisure and hospitality had the lowest average weekly wage among private industries from 2005 to 2014. Other industries with average weekly wages below the average for all private industries from 2005 to 2014 were transportation and warehousing, education and health services, retail trade, and other services.

These data are from the Quarterly Census of Employment and Wages. They are not adjusted for inflation. For more information about industry wages, see the QCEW data viewer tool.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Average weekly wages in private industries, 2005-2014 on the Internet at https://www.bls.gov/opub/ted/2015/average-weekly-wages-in-private-industries-2005-to-2014.htm (visited November 19, 2017).

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