Wage growth was stronger among workers with a bachelor's degree in the late 1990s than during the current expansion: Real average wage growth, workers with a bachelor's degree, 1996–2000 and 2015–2019
1996–2000 | 2015–2019 | |
---|---|---|
Men | 10.9% | 7.8% |
Women | 9.8% | 3.0% |
White | 10.6% | 6.6% |
Black | 11.5% | -0.3% |
Note: In order to include data from the first half of 2019, all years refer to the 12-month period ending in June. Sample includes workers with a bachelor’s degree only.
Source: Authors’ analysis of Current Population Survey basic monthly microdata from the U.S. Census Bureau