Table 1
Share of salaried workers covered by the salary threshold, 1975 and 2013
Share of salaried workers in 1975 under the 1975 threshold ($984): | 65% |
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Share of salaried workers in 2013 under the 2013 threshold ($455): | 11% |
Share of salaried workers in 2013 that would have been under the 1975 threshold ($984): | 47% |
Salary threshold in 2013 that would have covered the same share of workers as in 1975 (65%): | $1,327 |
Note: A salaried worker is a worker who is paid on a regular schedule and receives a guaranteed minimum amount on each pay date regardless of hours worked.
Source: Author's analysis of Current Population Survey Outgoing Rotation Group microdata
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