Average annual real wage growth across business cycles: By percentile, 1979–2007, 2007–2019, and 2019–2024
| 1979-2007 | 2007-2019 | 2019-2024 | |
|---|---|---|---|
| 10th | 0.0% | 0.7% | 3.4% |
| 20th | 0.3% | 0.9% | 2.6% |
| 30th | 0.3% | 1.1% | 1.2% |
| 40th | 0.3% | 0.8% | 1.2% |
| 50th | 0.5% | 0.7% | 1.0% |
| 60th | 0.4% | 0.7% | 1.0% |
| 70th | 0.5% | 0.9% | 0.8% |
| 80th | 0.7% | 1.0% | 1.1% |
| 90th | 1.0% | 1.2% | 1.3% |
Source: Author's analysis of Economic Policy Institute, State of Working America Data Library data.