First Quarter Reports Indicate a Rise in Median Wages
According to the US Bureau of Labor Statistics, the national median weekly earnings for the first quarter were 1.5% higher than last year statistics. The data was collected through a survey of households. The survey covered reflects a demographic of 107.2 million full-time workers of various education levels and social demographics.
For the first quarter, the median weekly earnings were $808. Women made an average of $730, 81.6% of men’s median of $895. There was, of course, further variation by social demographics.
Full-time employees working in management or professional occupations had the highest weekly earnings: $1,372 for men and $988 for women. Conversely, men and women in service professions earned the least: $575 and $461, respectively.
Full-time workers with a bachelor’s degree earned an average of $1,227 weekly. The top 10% of professionals with advanced degrees earned $3,862 (men) and $2,420 (women).