Change in wage groups' shares of total wages, 1979–2019
Share of wages | Change in share (ppt.) | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Long-term | Over 2007–2019 business cycle | ||||||||||
Wage group | 1979 | 2007 | 2009 | 2018 | 2019 | 1979–2007 | 1979–2019 | 2007–2009 | 2009–2019 | 2018–2019 | 2007–2019 |
Bottom 90% | 69.8% | 61.1% | 62.3% | 61.0% | 60.9% | -8.8 | -8.9 | 1.3 | -1.4 | -0.1 | -0.2 |
90th–99th | 22.8% | 24.9% | 25.5% | 25.7% | 25.9% | 2.0 | 3.1 | 0.6 | 0.4 | 0.3 | 1.1 |
90th–95th | 10.8% | 10.8% | 11.2% | 11.1% | 11.3% | 0.1 | 0.5 | 0.4 | 0.1 | 0.2 | 0.5 |
95th–99th | 12.1% | 14.1% | 14.3% | 14.6% | 14.6% | 2.0 | 2.6 | 0.2 | 0.4 | 0.0 | 0.6 |
Upper 5% | 19.4% | 28.1% | 26.5% | 27.9% | 27.8% | 8.7 | 8.4 | -1.7 | 1.5 | -0.1 | -0.3 |
Upper 1% | 7.3% | 14.1% | 12.2% | 13.3% | 13.2% | 6.7 | 5.9 | -1.9 | 1.0 | -0.1 | -0.9 |
99.0th–99.9th | 5.7% | 8.4% | 7.9% | 8.2% | 8.2% | 2.7 | 2.5 | -0.5 | 0.4 | -0.1 | -0.2 |
99.9th–100th | 1.6% | 5.7% | 4.3% | 5.1% | 5.0% | 4.0 | 3.4 | -1.4 | 0.7 | 0.0 | -0.6 |
Source: EPI analysis of Kopczuk, Saez and Song (2007) and Social Security Administration wage statistics.