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Weekly Wages and Salaries Report (Q1 2023)

Posted on Fri Apr 28 2023, 21:13
Grufity.com
Highlights of the growth in Wages and Salaries of US citizens. These numbers are provided quarterly by the Bureau of Labor Statistics. Here's a quick look at the Q1 2023 report.

The U.S. Bureau of Labor Statistics reported the latest weekly earnings of the full-time wage and salary workers today. The median weekly earnings stood at $1100 in Q1 2023 (not seasonally adjusted). On a year-on-year basis, the median wage rose by 6.08%

1000 2000 2010 2015 2020 Weekly Earnings, $ 10th Percentile 25th Percentile Median 75th Percentile 90th Percentile Weekly Wages and Salaries Percentiles Source: Grufity.com, Bureau of Labor Statistics
The median weekly wage and salary for Q1 2023 stood at $1100.
On a year on year basis, median weekly wages and salaries increased by 6.08%
0 2 4 6 8 10th Percentile 25th Percentile Median 75th Percentile 90th Percentile % Change, YoY Growth of Weekly Earnings, Year-o-Year Source: Grufity.com, Bureau of Labor Statistics
500 750 1000 1250 1500 2010 2015 2020 Weekly Earnings, $ Whites African Americans Hispanics Or Latinos Asians Median Weekly Wages and Salaries By Race Source: Grufity.com, Bureau of Labor Statistics

Race $ Amount YoY, % Chg
Whites 1130 6.2 %
African Americans 886 5.5 %
Hispanics Or Latinos 868 8.6 %
Asians 1468 7.8 %
400 800 1200 1600 2010 2015 2020 Weekly Earnings, $ Less than High School High School Only Some College Bachelor's Degree Advanced Degree Median Weekly Wages and Salaries By Education Source: Grufity.com, Bureau of Labor Statistics

Race $ Amount YoY, % Chg
Less than High School 682 1.8 %
High School Only 884 6.9 %
Some College 995 6.1 %
Bachelor's Degree 1488 6.7 %
Advanced Degree 1855 6.1 %
600 800 1000 1200 2010 2015 2020 Weekly Earnings, $ Overall Men Women Median Weekly Wages and Salaries By Education Source: Grufity.com, Bureau of Labor Statistics

Race $ Amount YoY, % Chg
Overall 1095 6.1 %
Men 1181 5.3 %
Women 992 5.9 %



Frequently Aasked Questions

What is the 'Usual Weekly Earnings Of Wage and Salary Workers' Report?
The Usual Weekly Earnings report is based on the data collected by a nationwide survey (Current Population Survey) of households. In this survey, a sample of respondents answer questions on their usual weekly wages related questions. The survey data is sliced and diced into many categories to get deeper insights. Mainly earnings are broken down by age, race, gender, education and occupation.

Which workers are surveyed for this report?
Workers who receive wages, salaries, commissions, tips, payment in kind, or piece rates. Self-employed workers are excluded from this survey. About 60,000 households across all states are surveyed.

What's the difference between a full-time worker and part-time worker?
A worker who works 35 hours or more per week at their principal job is considered a full-time worker. Conversely, a worker who works less than 35 hours per week at the main job is a part-time worker.

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