After decades of slow growth, Black and Hispanic workers experience faster wage growth: Annualized real wage growth for Black, Hispanic, and white workers, select periods

1979–2019 2019–2023
Black 0.3% 1.4%
Hispanic 0.3% 0.9%
White 0.5% 0.5%

Note: Race/ethnicity categories are mutually exclusive (i.e., white non-Hispanic, Black non-Hispanic, and Hispanic any race).

Source: EPI analysis of the Current Population Survey Outgoing Rotation Group microdata, EPI Current Population Survey Extracts, Version 1.0.48 (2024),

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