Table 1
Real average hourly wages of young workers, 1989–2014*
| Young high school graduates | Young college graduates | |||||
|---|---|---|---|---|---|---|
| All | Men | Women | All | Men | Women | |
| 1989 | $9.82 | $10.57 | $9.00 | $16.59 | $17.24 | $16.12 |
| 1995 | 9.54 | 10.33 | 8.65 | 15.45 | 16.21 | 14.91 |
| 2000 | 11.01 | 11.77 | 10.09 | 18.41 | 19.24 | 17.82 |
| 2007 | 10.89 | 11.72 | 9.81 | 18.24 | 19.95 | 17.00 |
| 2014* | 9.82 | 10.42 | 9.01 | 16.99 | 19.15 | 15.29 |
| 1989–2000 | 12.1% | 11.3% | 12.1% | 10.9% | 11.6% | 10.5% |
| 1989–1995 | -2.9 | -2.3 | -3.9 | -6.9 | -6.0 | -7.5 |
| 1995–2000 | 15.4 | 13.9 | 16.6 | 19.1 | 18.7 | 19.5 |
| 2000–2014* | -10.8 | -11.4 | -10.7 | -7.7 | -0.5 | -14.2 |
| 2000–2007 | -1.1 | -0.5 | -2.8 | -0.9 | 3.7 | -4.6 |
| 2007–2014* | -9.8 | -11.0 | -8.1 | -6.9 | -4.0 | -10.1 |
* Data for 2014 represent 12-month average from April 2013–March 2014.
Note: Data are for college graduates age 21–24 who do not have an advanced degree and are not enrolled in further schooling, and high school graduates age 17–20 who are not enrolled in further schooling. Wages are in 2013 dollars.
Source: Authors' analysis of Current Population Survey Outgoing Rotation Group microdata
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