Usual Weekly Earnings Summary

Median weekly earnings of the nation's 119.2 million full-time wage and salary workerswere $1,100 in the first quarter of 2023 (not seasonally adjusted), the U.S. Bureauof Labor Statistics reported today. This was 6.1 percent higher than a year earlier,compared with a gain of 5.8 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period.Data on usual weekly earnings are collected as part of the Current Population Survey,a nationwide sample survey of households in which respondents are asked, among otherthings, how much each wage and salary worker usually earns. (See the Technical Notein this news release.) Data shown in this news release are not seasonally adjusted unless otherwise specified.Highlights from the first-quarter data: --Median weekly earnings of full-time workers were $1,100 in the first quarter of   2023. Women had median weekly earnings of $996, or 84.0 percent of the $1,186   median for men. (See table 2.) --The women's-to-men's earnings ratio varied by race and ethnicity. White women   earned 82.4 percent as much as their male counterparts, compared with 94.8 percent   for Black women, 83.5 percent for Asian women, and 85.0 percent for Hispanic women.   (See table 2.) --Among the major race and ethnicity groups, median weekly earnings of Blacks ($886)   and Hispanics ($868) working full-time jobs were lower than those of Whites ($1,130)   and Asians ($1,468). By sex, median weekly earnings for Black men were $909, or   74.4 percent of the median for White men ($1,222). Median earnings for Hispanic   men were $917, or 75.0 percent of the median for White men. The difference was    less among women, as Black women's median earnings were $862, or 85.6 percent of   those for White women ($1,007), and earnings for Hispanic women were $779, or 77.4   percent of those for White women. Earnings of Asian men ($1,573) and women ($1,313)   were higher than those of their White counterparts. (See table 2.) --By age, usual weekly earnings were highest for men ages 35 to 64: median weekly   earnings were $1,329 for men ages 35 to 44, $1,389 for men ages 45 to 54, and   $1,393 for men ages 55 to 64. Among women, usual weekly earnings were also highest   for workers ages 35 to 64: median weekly earnings were $1,112 for women ages 35   to 44, $1,098 for women ages 45 to 54, and $1,044 for women ages 55 to 64. Men   and women ages 16 to 24 had the lowest median weekly earnings, $751 and $690,   respectively. Men's and women's earnings were closer among younger workers than   older workers; for example, women ages 16 to 24 earned 91.9 percent as much as men   in the same age group, while the women's-to-men's earnings ratio was 75.1 percent   for those age 55 and over. (See table 3.) --Among the major occupational groups, persons employed full time in management,   professional, and related occupations had the highest median weekly earnings--   $1,775 for men and $1,344 for women. Men employed in service occupations earned   the least at $793. Women who worked in service occupations ($662); natural resources,   construction, and maintenance occupations ($664); and production, transportation,   and material moving occupations ($688) earned the least. (See table 4.) --By educational attainment, full-time workers age 25 and over without a high school   diploma had median weekly earnings of $682, compared with $884 for high school   graduates (no college) and $1,621 for those holding at least a bachelor's degree.   Among college graduates with advanced degrees (master's, professional, and doctoral   degrees), the highest earning 10 percent of male workers made $5,007 or more per   week, compared with $3,426 or more for their female counterparts. (See table 5.) --Seasonally adjusted median weekly earnings were $1,095 in the first quarter of    2023, little changed from the previous quarter ($1,084). (See table 1.)

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