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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.
United States Department of Labor
