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Median earnings of US workers up 2.9% in Q4

January 24, 2017

Median weekly earnings of US full-time wage and salary workers rose 2.9% year over year in the fourth quarter to $849 (not seasonally adjusted), the US Bureau of Labor Statistics announced today.

Women who usually worked full time had median weekly earnings of $758, or 81.8% of the $927 median for men, according to the fourth-quarter report. That percentage is unchanged from both the second- and third-quarter reports, which also found women who usually worked full time had median weekly that were 81.8% of the median for men.

For workers with a bachelor’s degree or higher, the median was $1,270 in the fourth quarter; for workers with only a high school diploma, the median was $698. Workers age 25 and older without a high school diploma had median weekly earnings of $519.

Among college graduates with advanced degrees — professional or master’s degree and above — the highest-earning 10% of male workers made $3,893 or more per week, compared with $2,547 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 earnings of $1,443 for men and $1,042 for women. Men and women employed in service jobs earned the least at $608 and $497, respectively.