Share of salaried workers covered by the salary threshold, by education, 1975 and 2013

(1) Share of salaried workers in 1975 under the 1975 threshold ($984) (2) Share of salaried workers in 2013 under the 2013 threshold ($455) (3) Share of salaried workers in 2013 who would have been under the 1975 threshold ($984)  (4) Salary threshold in 2013 which would have covered the same share of workers  as in 1975 (5) Share of salaried workers in 2013 who would have been under a threshold of $1,122*
All 65% 11% 47% $1,327 54%
Less than high school 85% 48% 88% $900 92%
High school 75% 20% 69% $1,100 75%
Some college 65% 15% 60% $1,058 68%
College 51% 6% 39% $1,177 46%
Advanced degree 36% 4% 27% $1,153 34%

* $1,122 is the weighted average (weighted by the size of the category) of the thresholds by education in column (4)

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

View the underlying data on epi.org.