Earnings and Benefits - Research Article from Information Plus Reference Series

This encyclopedia article consists of approximately 28 pages of information about Earnings and Benefits.

Earnings and Benefits - Research Article from Information Plus Reference Series

This encyclopedia article consists of approximately 28 pages of information about Earnings and Benefits.
This section contains 8,105 words
(approx. 28 pages at 300 words per page)
Buy the Earnings and Benefits Encyclopedia Article

Earnings

The federal government measures both the mean (average) of the nation's workers and the median earnings (one-half earn more than this figure, and one-half earn less than this figure) of the nation's workers. Income is the total amount brought in by an individual or family, including earnings and money received from interest, pensions, and other sources.

In 1998 the population aged 15 years and older had mean (average) earnings of $33,688. Whites earned slightly more ($34,610) than the mean, while blacks ($26,423) and those of Hispanic origin ($23,118) earned less. (See Table 6.1.) Males earned an average salary of $41,927, compared to $24,472 for females. The median earnings were $31,039 for males and $20,309 for females. (See Table 6.2.)

Full-Time, Year-Round Workers

Of the 79.2 million men aged 15 years and older who reported working in 2000 (with or without earnings), 74 percent worked full-time, year-round. Of the 70.8 million women aged 15 years and older who reported working in 2000, 59 percent...

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This section contains 8,105 words
(approx. 28 pages at 300 words per page)
Buy the Earnings and Benefits Encyclopedia Article
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Earnings and Benefits from Gale. ©2005-2006 Thomson Gale, a part of the Thomson Corporation. All rights reserved.