Median weekly earnings of full-time wage and salary workers are $824 in 2nd quarter 2016

[mahatmakanejeeves]

"This was 2.9 percent higher than a year earlier, compared with a gain of 1.1 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period. "

Our long, national nightmare continues.

Median weekly earnings of full-time wage and salary workers are $824 in 2nd quarter 2016

Economic News Release USDL-16-1492

Usual Weekly Earnings Summary

For release 10:00 a.m. (EDT) Tuesday, July 19, 2016

Technical information: [phone] * [e-mail] * www.bls.gov/cps
Media contact: [phone] * [e-mail]


USUAL WEEKLY EARNINGS OF WAGE AND SALARY WORKERS -- SECOND QUARTER 2016


Median weekly earnings of the nation's 111.2 million full-time wage and salary workers were $824 in the second quarter of 2016 (not seasonally adjusted), the U.S. Bureau of Labor Statistics reported today. This was 2.9 percent higher than a year earlier, compared with a gain of 1.1 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 release are not seasonally adjusted unless otherwise specified. Highlights from the second-quarter data are:

--Median weekly earnings of full-time workers were $824 in the second quarter of 2016. Women had median weekly earnings of $744, or 81.8 percent of the $909 median for men. (See table 2.)

--The women's-to-men's earnings ratio varied by race and ethnicity. White women earned 80.7 percent as much as their male counterparts, compared with Black women (91.8 percent), Asian women (79.1 percent), and Hispanic women (89.1 percent). (See table 2.)
{snip}

[whatthehey]

1. Well that's just not on!

It's because they average in CEOs making squadrillions! Real working people® don't make anywhere near that! Oh it's a median not a mean...lemme check the definitions...hmmm...

It's because everyone is working seven jobs with no sleep to make that much just to survive! Oh.. percentage of people with more than one job is well under 5%, actually down a bit and didn't reallly increase in the recession...hmmm...
http://www.bls.gov/news.release/empsit.t16.htm

Well then they're just making it up to make Obama look good! See! Can't prove that one wrong can you, clever-clogs! There's always that oine to fall back on....