Wages of young college graduates today are just above their 2000 levels: Real hourly wages for entry-level workers (ages 21–24) with a bachelor's degree, 1989–2018

Date Wage
Jan-1990 $17.64
Feb-1990 $17.63
Mar-1990 $17.71
Apr-1990 $17.86
May-1990 $18.08
Jun-1990 $18.12
Jul-1990 $18.06
Aug-1990 $18.09
Sep-1990 $18.16
Oct-1990 $18.08
Nov-1990 $18.17
Dec-1990 $18.13
Jan-1991 $18.15
Feb-1991 $18.12
Mar-1991 $17.95
Apr-1991 $17.83
May-1991 $17.74
Jun-1991 $17.63
Jul-1991 $17.77
Aug-1991 $17.66
Sep-1991 $17.49
Oct-1991 $17.43
Nov-1991 $17.31
Dec-1991 $17.27
Jan-1992 $17.22
Feb-1992 $17.18
Mar-1992 $17.17
Apr-1992 $17.18
May-1992 $16.98
Jun-1992 $17.02
Jul-1992 $16.96
Aug-1992 $16.90
Sep-1992 $16.93
Oct-1992 $16.99
Nov-1992 $16.92
Dec-1992 $16.72
Jan-1993 $16.79
Feb-1993 $16.76
Mar-1993 $16.84
Apr-1993 $16.70
May-1993 $16.78
Jun-1993 $16.85
Jul-1993 $16.68
Aug-1993 $16.68
Sep-1993 $16.60
Oct-1993 $16.71
Nov-1993 $16.68
Dec-1993 $16.78
Jan-1994 $16.83
Feb-1994 $16.96
Mar-1994 $16.94
Apr-1994 $16.91
May-1994 $16.86
Jun-1994 $16.77
Jul-1994 $16.77
Aug-1994 $16.73
Sep-1994 $16.75
Oct-1994 $16.74
Nov-1994 $16.82
Dec-1994 $16.80
Jan-1995 $16.69
Feb-1995 $16.62
Mar-1995 $16.51
Apr-1995 $16.57
May-1995 $16.54
Jun-1995 $16.54
Jul-1995 $16.61
Aug-1995 $16.57
Sep-1995 $16.51
Oct-1995 $16.33
Nov-1995 $16.37
Dec-1995 $16.38
Jan-1996 $16.33
Feb-1996 $16.25
Mar-1996 $16.43
Apr-1996 $16.39
May-1996 $16.34
Jun-1996 $16.25
Jul-1996 $16.20
Aug-1996 $16.53
Sep-1996 $16.55
Oct-1996 $16.54
Nov-1996 $16.43
Dec-1996 $16.45
Jan-1997 $16.47
Feb-1997 $16.36
Mar-1997 $16.54
Apr-1997 $16.61
May-1997 $16.70
Jun-1997 $16.84
Jul-1997 $16.92
Aug-1997 $16.76
Sep-1997 $16.91
Oct-1997 $16.98
Nov-1997 $17.03
Dec-1997 $17.09
Jan-1998 $17.18
Feb-1998 $17.43
Mar-1998 $17.36
Apr-1998 $17.56
May-1998 $17.81
Jun-1998 $17.84
Jul-1998 $17.84
Aug-1998 $18.27
Sep-1998 $18.49
Oct-1998 $18.65
Nov-1998 $18.87
Dec-1998 $18.98
Jan-1999 $19.19
Feb-1999 $19.18
Mar-1999 $19.16
Apr-1999 $18.94
May-1999 $18.87
Jun-1999 $19.01
Jul-1999 $19.28
Aug-1999 $18.99
Sep-1999 $18.77
Oct-1999 $18.88
Nov-1999 $18.82
Dec-1999 $19.08
Jan-2000 $19.07
Feb-2000 $19.08
Mar-2000 $19.12
Apr-2000 $19.25
May-2000 $19.16
Jun-2000 $19.32
Jul-2000 $19.19
Aug-2000 $19.25
Sep-2000 $19.38
Oct-2000 $19.41
Nov-2000 $19.41
Dec-2000 $19.38
Jan-2001 $19.23
Feb-2001 $19.30
Mar-2001 $19.52
Apr-2001 $19.57
May-2001 $19.83
Jun-2001 $19.67
Jul-2001 $19.73
Aug-2001 $19.70
Sep-2001 $19.87
Oct-2001 $19.81
Nov-2001 $19.78
Dec-2001 $19.56
Jan-2002 $19.74
Feb-2002 $19.90
Mar-2002 $19.56
Apr-2002 $19.50
May-2002 $19.32
Jun-2002 $19.35
Jul-2002 $19.20
Aug-2002 $19.16
Sep-2002 $19.14
Oct-2002 $19.18
Nov-2002 $19.35
Dec-2002 $19.37
Jan-2003 $19.38
Feb-2003 $19.14
Mar-2003 $19.15
Apr-2003 $19.16
May-2003 $19.17
Jun-2003 $19.14
Jul-2003 $19.05
Aug-2003 $19.02
Sep-2003 $18.84
Oct-2003 $18.89
Nov-2003 $18.70
Dec-2003 $18.67
Jan-2004 $18.47
Feb-2004 $18.55
Mar-2004 $18.63
Apr-2004 $18.86
May-2004 $18.96
Jun-2004 $18.81
Jul-2004 $19.03
Aug-2004 $19.00
Sep-2004 $19.05
Oct-2004 $19.02
Nov-2004 $18.97
Dec-2004 $18.95
Jan-2005 $19.09
Feb-2005 $18.95
Mar-2005 $18.83
Apr-2005 $18.65
May-2005 $18.69
Jun-2005 $18.84
Jul-2005 $18.75
Aug-2005 $18.88
Sep-2005 $18.74
Oct-2005 $18.65
Nov-2005 $18.72
Dec-2005 $18.62
Jan-2006 $18.49
Feb-2006 $18.79
Mar-2006 $18.86
Apr-2006 $18.81
May-2006 $18.62
Jun-2006 $18.52
Jul-2006 $18.71
Aug-2006 $18.48
Sep-2006 $18.55
Oct-2006 $18.66
Nov-2006 $18.69
Dec-2006 $18.77
Jan-2007 $18.84
Feb-2007 $18.99
Mar-2007 $19.01
Apr-2007 $19.07
May-2007 $19.09
Jun-2007 $19.14
Jul-2007 $18.95
Aug-2007 $19.18
Sep-2007 $19.35
Oct-2007 $19.30
Nov-2007 $19.31
Dec-2007 $19.26
Jan-2008 $19.15
Feb-2008 $18.84
Mar-2008 $18.96
Apr-2008 $18.96
May-2008 $18.97
Jun-2008 $19.04
Jul-2008 $18.94
Aug-2008 $18.94
Sep-2008 $18.75
Oct-2008 $18.74
Nov-2008 $18.70
Dec-2008 $18.86
Jan-2009 $18.98
Feb-2009 $18.93
Mar-2009 $18.84
Apr-2009 $18.84
May-2009 $18.86
Jun-2009 $18.98
Jul-2009 $19.35
Aug-2009 $19.29
Sep-2009 $19.33
Oct-2009 $19.14
Nov-2009 $19.49
Dec-2009 $19.30
Jan-2010 $19.26
Feb-2010 $19.21
Mar-2010 $19.29
Apr-2010 $19.44
May-2010 $19.17
Jun-2010 $18.91
Jul-2010 $18.52
Aug-2010 $18.57
Sep-2010 $18.47
Oct-2010 $18.67
Nov-2010 $18.26
Dec-2010 $18.25
Jan-2011 $18.11
Feb-2011 $18.19
Mar-2011 $18.34
Apr-2011 $18.06
May-2011 $18.22
Jun-2011 $18.19
Jul-2011 $18.36
Aug-2011 $18.37
Sep-2011 $18.36
Oct-2011 $18.22
Nov-2011 $18.23
Dec-2011 $18.35
Jan-2012 $18.24
Feb-2012 $18.00
Mar-2012 $17.50
Apr-2012 $17.47
May-2012 $17.48
Jun-2012 $17.55
Jul-2012 $17.54
Aug-2012 $17.42
Sep-2012 $17.48
Oct-2012 $17.47
Nov-2012 $17.59
Dec-2012 $17.72
Jan-2013 $17.85
Feb-2013 $17.95
Mar-2013 $18.11
Apr-2013 $18.06
May-2013 $18.09
Jun-2013 $18.03
Jul-2013 $17.88
Aug-2013 $18.05
Sep-2013 $18.02
Oct-2013 $18.15
Nov-2013 $18.12
Dec-2013 $17.91
Jan-2014 $17.91
Feb-2014 $17.87
Mar-2014 $17.86
Apr-2014 $18.04
May-2014 $18.00
Jun-2014 $18.09
Jul-2014 $18.26
Aug-2014 $18.23
Sep-2014 $18.23
Oct-2014 $18.20
Nov-2014 $18.28
Dec-2014 $18.46
Jan-2015 $18.41
Feb-2015 $18.59
Mar-2015 $18.59
Apr-2015 $18.64
May-2015 $18.73
Jun-2015 $18.80
Jul-2015 $19.11
Aug-2015 $19.00
Sep-2015 $19.06
Oct-2015 $19.14
Nov-2015 $19.04
Dec-2015 $19.08
Jan-2016 $19.20
Feb-2016 $19.17
Mar-2016 $19.41
Apr-2016 $19.62
May-2016 $19.59
Jun-2016 $19.40
Jul-2016 $18.89
Aug-2016 $18.94
Sep-2016 $19.07
Oct-2016 $19.06
Nov-2016 $19.19
Dec-2016 $19.20
Jan-2017 $19.45
Feb-2017 $19.60
Mar-2017 $19.66
Apr-2017 $19.42
May-2017 $19.45
Jun-2017 $19.63
Jul-2017 $20.02
Aug-2017 $20.20
Sep-2017 $20.35
Oct-2017 $20.34
Nov-2017 $20.62
Dec-2017 $20.51
Jan-2018 $20.47
Feb-2018 $20.37

Notes: The wage series is based on a 12-month moving average. The most recent data point is the average of March 2017 through February 2018. Dollar amounts are adjusted for inflation to 2017 dollars.

Source: EPI analysis of Current Population Survey Outgoing Rotation Group microdata

View the underlying data on epi.org.