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Median earnings of US workers up 2.9% in Q2

July 19, 2016

Median weekly earnings of US full-time wage and salary workers rose 2.9% year over year in the second quarter to $824 (not seasonally adjusted), the US Bureau of Labor Statistics announced today.

Women who usually worked full time had median weekly earnings of $744, or 81.8% of the $909 median for men, the second-quarter report found. In the first-quarter report, women who usually worked full time had median weekly earnings of $750, or 82.2% of the $912 median for men.

For workers with a bachelor’s degree or higher, the median was $1,249; for workers with only a high school diploma, the median was $690. Workers age 25 and older without a high school diploma had median weekly earnings of $499.

Among college graduates with advanced degrees — professional or master’s degree and above — the highest-earning 10% of male workers made $3,517 or more per week, compared with $2,593 or more for their female counterparts.

Among the major occupational groups, persons employed full time in management, professional and related occupations had the highest median weekly earnings of $1,405 for men and $1,019 for women. Men and women employed in service jobs earned the least at $564 and $480, respectively.