For release 10:00 a.m. (ET) Wednesday, January 22, 2025                USDL-25-0072Technical information:  (202) 691-6378  *  cpsinfo@bls.gov  *  www.bls.gov/cpsMedia contact:          (202) 691-5902  *  PressOffice@bls.gov                      USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS                                     FOURTH QUARTER 2024Median weekly earnings of the nation's 120.3 million full-time wage and salary workers were $1,192 in the fourth quarter of 2024 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported today. This was 4.1 percent higher than a year earlier, compared with a gain of 2.7 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 other things, how much each wage and salary worker usually earns. (See the Technical Note in this news release.) Data shown in this news release are not seasonally adjusted unless otherwise specified. Highlights from the fourth-quarter data:  --Median weekly earnings of full-time workers were $1,192 in the fourth quarter of 2024.    Women had median weekly earnings of $1,083, or 83.2 percent of the $1,302 median for men.    (See table 2.)  --The women's-to-men's earnings ratio varied by race and ethnicity. White women earned 82.8    percent as much as their male counterparts, compared with 87.5 percent for Black women,    81.2 percent for Asian women, and 84.3 percent for Hispanic women. (See table 2.)  --Among the major race and ethnicity groups, median earnings of Hispanic people who worked    full time ($920) were lower than those of people who are Black ($1,040), White ($1,207),    and Asian ($1,507). By sex, median weekly earnings for Black men were $1,118, or 84.6    percent of the median for White men ($1,321). Median earnings for Hispanic men were $1,001,   or 75.8 percent of the median for White men. The differences were smaller among women, as   Black women's median earnings were $978, or 89.4 percent of those for White women ($1,094),    and earnings for Hispanic women were $844, or 77.1 percent of those for White women.    Earnings of Asian men ($1,684) and women ($1,367) 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 $1,488 for men ages 35 to 44, $1,468 for men ages 45 to 54, and $1,442 for men ages    55 to 64. Among women, usual weekly earnings were highest for workers ages 35 to 54:    median weekly earnings were $1,205 for women ages 35 to 44 and $1,193 for women ages 45    to 54. Men and women ages 16 to 24 had the lowest median weekly earnings, $796 and $721,    respectively. The women's-to-men's earnings ratio also varied by age. Women ages 16 to    24 earned 90.6 percent as much as men in the same age group, compared with 84.5 percent    for those ages 25 to 54 and 76.7 percent for those age 55 and over. (See table 3.)  --Among the major occupational groups, people employed full time in management, professional,    and related occupations had the highest median weekly earnings—$1,880 for men and $1,396    for women. Among men, those employed in service occupations earned the least at $873. Women    who worked in service occupations ($732); production, transportation, and material moving    occupations ($747); and natural resources, construction, and maintenance occupations ($763)   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 $776, high school graduates (no college) had earnings of $977,    and those holding at least a bachelor's degree had earnings of $1,705. Among college graduates    with advanced degrees (master's, professional, and doctoral degrees), the highest earning 10    percent of male workers made $4,761 or more per week, and their female counterparts made $3,440    or more. (See table 5.)  --Seasonally adjusted median weekly earnings increased to $1,185 in the fourth quarter of 2024,    up from the previous quarter ($1,166). (See table 1.)2024 Annual AveragesIn addition to the data for the fourth quarter, this news release includes 2024 annual averages on median weekly earnings for major demographic, occupational, and educational attainment groups. (See tables 7, 8, and 9.) Annual average data on median usual weekly earnings for men and women by detailed occupational categories will be posted online at www.bls.gov/cps/tables.htm#weekearn when they become available. ____________________________________________________________________________________________|     ||                 Revision of Seasonally Adjusted Usual Weekly Earnings Data     ||                                                                                            || Seasonally adjusted median usual weekly earnings data shown in table 1 of this news        || release have been revised using updated seasonal adjustment factors from the Current       || Survey, a procedure done at the end of each calendar year. The revisions directly affected | | Population the number of full-time wage and salary workers and current dollar estimates of || median weekly earnings; estimates of constant (1982-84) dollar median weekly earnings were || indirectly affected. Seasonally adjusted estimates back to the first quarter of 2020 were  || subject to revision.                                                                       ||                                                                                            || The Usual Weekly Earnings news release for the first quarter of 2025, scheduled for        || release on April 16, 2025, will incorporate revisions to the seasonally adjusted data for  || the median weekly earnings in constant (1982-84) dollars. Seasonally adjusted constant     || (1982-84) dollar estimates back to the first quarter of 2020 will be subject to revision   || due to annual revisions to seasonally adjusted data for the Consumer Price Index for All   || Urban Consumers (CPI-U).                                                                   ||____________________________________________________________________________________________|