SOURCE:
BLOOMBERGURL:
http://www.bloomberg.com/news/articles/2016-07-01/asian-men-win-the-hourly-earnings-race-in-america
Men in the U.S. earn more than women. Whites earn more than blacks. But guess who comes out ahead when median hourly earnings are broken down by sex, race, and ethnicity? Asian men.
The Pew Research Center's review of Current Population Survey data found that, when looking at full- or part-time workers age 16 and up, median hourly earnings for Asian males were $24 last year, compared with $21 for white men. Median hourly earnings for Asian women were $18, compared with $17 for white women. And in a slight twist on the whole notion of the gender wage gap, white and Asian women outpaced black and Hispanic men, whose median hourly earnings in 2015 were $15 and $14, respectively.
Educational attainment, of course, plays a role: Those with a four-year college degree earn more than those without, and Asians are comparatively very well educated. Fifty-three percent of Asian adults 25 and older had at least a bachelor’s degree in 2015, vs. 36 percent of whites, 23 percent of blacks, and 15 percent of Hispanics.2 Meanwhile, 21 percent of Asians age 25 and older had an advanced degree, compared with 14 percent of whites.
If we limit the sample to Americans 25 and older with a bachelor’s degree or better, Asian men still come out ahead, with median hourly earnings of $35 in 2015 compared with $32 for white men. On the female side, median hourly earnings were $27 for Asian women in the same demographic, compared with $25 for white women (and $25 and $26 for black and Hispanic men, respectively).
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