BLS: Median weekly earnings rose 1.6 percent
BUSINESS RECORD STAFF Oct 20, 2015 | 5:53 pm
1 min read time
182 wordsAll Latest News, Economic DevelopmentMedian weekly earnings for 110.4 million full-time wage and salary workers in the United States were $803 in the third quarter of 2015, without seasonal adjustment, the U.S. Bureau of Labor Statistics reported today. That was up 1.6 percent from last year; the Consumer Price Index rose 0.1 percent in the same period.
Highlights from the third-quarter report:
- Median weekly earnings were $803. Women who usually worked full time had median weekly earnings of $721, or 81.1 percent of what men made.
- The women’s-to-men’s earnings ratio varied by race and ethnicity. White women earned 80.5 percent as much as their male counterparts, compared with 93.3 percent for black women, 72.2 percent for Asian women, and 91.0 percent for Hispanic women.
- Median weekly earnings for black men working at full-time jobs were $652 per week, or 70.9 percent of the median for white men. Black women’s median earnings were 82.2 percent of those for white women.Hispanic workers made less than black, whites and Asians.
- Seasonally adjusted median weekly earnings were $809 in the third quarter of 2015, little changed from the previous quarter.
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