Total Wage and Salary Workers Paid at Prevailing Federal Minimum Wage: Ages 16+ : 81 (As of 2023-01-01)

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Basic Info

Total Wage and Salary Workers Paid at Prevailing Federal Minimum Wage: Ages 16+ was 81 as of 2023-01-01, according to U.S. Bureau of Labor Statistics. Historically, Total Wage and Salary Workers Paid at Prevailing Federal Minimum Wage: Ages 16+ reached a record high of 4686 and a record low of 81, the median value is 1532. Typical value range is from 129 to 1030. The Year-Over-Year growth is -42.55%. GuruFocus provides the current actual value, an historical data chart and related indicators for Total Wage and Salary Workers Paid at Prevailing Federal Minimum Wage: Ages 16+ - last updated on 2023-01-01.

Annual , not seasonally adjusted . Wage and salary workers are workers age 16 and older who receive wages, salaries, commissions, tips, payments in kind, or piece rates on their sole or principal job. This group includes employees in both the private and public sectors. Workers paid by the hour are employed wage and salary workers who report that they are paid at an hourly rate on their job. Estimates of workers paid by the hour include both full-time and part-time workers unless otherwise specified. All self-employed workers are excluded whether or not their businesses are incorporated. The estimates of workers paid at or below the federal minimum wage are based solely on the hourly wage they report (which does not include overtime pay, tips, or commissions). Salaried workers and other nonhourly paid workers are also excluded. It should be noted that some respondents might round hourly earnings when answering survey questions. As a result, some workers might be reported as having hourly earnings above or below the federal minimum wage when, in fact, they earn the minimum wage. For more information see http://www.bls.gov/cps/earnings.htm#minwage
Category Population, Employment, & Labor Markets
Region USA
Source U.S. Bureau of Labor Statistics

Stats

Name Value
Last Value 81
Latest Period 2023-01-01
Long Term Average 579.64
Average Annualized Growth Rate -8.47%
Value from 1 year ago 141
Change from 1 year ago -42.55%
Frequency Annual
Unit Thousands
Download Source source link

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