Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Median weekly earnings increased 5.7 percent over the year ending in the second quarter of 2023

August 02, 2023

Median weekly earnings of the 121.5 million full-time wage and salary workers in the United States increased from $1,041 in the second quarter of 2022 to $1,100 in the second quarter of 2023, a gain of 5.7 percent. This compared with a gain of 4.0 percent in the Consumer Price Index for All Urban Consumers over the same period.

Median usual weekly earnings of full-time wage and salary workers by age, 2nd quarter 2023
AgeMedian weekly earnings

16 years and older

1,100

16 to 24 years

698

25 to 34 years

1,042

35 to 44 years

1,229

45 to 54 years

1,233

55 to 64 years

1,186

65 years and older

1,101

Usual weekly earnings were highest for workers ages 35 to 64 in the second quarter of 2023. Median weekly earnings were $1,233 for workers ages 45 to 54, $1,229 for workers ages 35 to 44, and $1,186 for workers ages 55 to 64. Median weekly earnings were $1,101 for workers age 65 and older and $1,042 for workers ages 25 to 34. Workers ages 16 to 24 had the lowest median weekly earnings at $698.

These data are from the Current Population Survey and are not seasonally adjusted. For more information, see "Usual Weekly Earnings of Wage and Salary Workers: Second Quarter 2023." Also see more charts of usual weekly earnings data. Full-time workers usually work 35 hours or more per week at their sole or main job. The median or 50th percentile is the midpoint in the earnings distribution; half of workers earn more than the median and half earn less.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Median weekly earnings increased 5.7 percent over the year ending in the second quarter of 2023 at https://www.bls.gov/opub/ted/2023/median-weekly-earnings-increased-5-7-percent-over-the-year-ending-in-the-second-quarter-of-2023.htm (visited April 19, 2024).

OF INTEREST
spotlight
Recent editions of Spotlight on Statistics


triangle