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