Federal Reserve Economic Data

Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over (LES1252881600Q)

Observation:

: (+ more)   Updated: Oct 17, 2024 9:02 AM CDT

Units:

Index Jan 2021=100,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Weekly and Hourly Earnings from the Current Population Survey  

Units:  1982-84 CPI Adjusted Dollars, Seasonally Adjusted

Frequency:  Quarterly

Notes:

Data measure usual weekly earnings of wage and salary workers. Wage and salary workers are workers who receive wages, salaries, commissions, tips, payment in kind, or piece rates. The group includes employees in both the private and public sectors but, for the purposes of the earnings series, it excludes all self-employed persons, both those with incorporated businesses and those with unincorporated businesses.
Usual weekly earnings represent earnings before taxes and other deductions and include any overtime pay, commissions, or tips usually received (at the main job in the case of multiple jobholders). Prior to 1994, respondents were asked how much they usually earned per week. Since January 1994, respondents have been asked to identify the easiest way for them to report earnings (hourly, weekly, biweekly, twice monthly, monthly, annually, or other) and how much they usually earn in the reported time period. Earnings reported on a basis other than weekly are converted to a weekly equivalent. The term "usual" is determined by each respondent's own understanding of the term. If the respondent asks for a definition of "usual," interviewers are instructed to define the term as more than half the weeks worked during the past 4 or 5 months. Visit the BLS for more information.

The series comes from the 'Current Population Survey (Household Survey)'

The source code is: LES1252881600

Suggested Citation:

U.S. Bureau of Labor Statistics, Employed full time: Median usual weekly real earnings: Wage and salary workers: 16 years and over [LES1252881600Q], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/LES1252881600Q, .

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