Economic Snapshot

In 2013, in every education category, the share of workers protected by the salary threshold was much lower than it was in 1975: Share of salaried workers covered by the salary threshold, by education, 1975 and 2013

 1975, under the 1975 threshold ($984)  2013, under the 2013 threshold ($455)
Less than high school 85% 48%
High school 75% 20%
Some college 65% 15%
College 51% 6%
Advanced degree 36% 4%
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Note: A salaried worker is a worker who is paid on a regular schedule and receives a guaranteed minimum amount on each pay date regardless of hours worked.

Source: Author's analysis of Current Population Survey Outgoing Rotation Group microdata

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