Table 1
Real average hourly wages of young workers, 1989–2012 (2012 dollars)
Young high school graduates | Young college graduates | |||||
---|---|---|---|---|---|---|
All | Men | Women | All | Men | Women | |
1989 | $9.68 | $10.42 | $8.87 | $16.35 | $16.99 | $15.89 |
1995 | 9.40 | 10.18 | 8.53 | 15.23 | 15.98 | 14.69 |
2000 | 10.85 | 11.60 | 9.95 | 18.14 | 18.96 | 17.56 |
2007 | 10.73 | 11.55 | 9.67 | 17.97 | 19.66 | 16.75 |
2012 | 9.48 | 10.06 | 8.71 | 16.60 | 17.81 | 15.64 |
1989–2000 | 12.1% | 11.3% | 12.1% | 10.9% | 11.6% | 10.5% |
1989–1995 | -2.9 | -2.3 | -3.9 | -6.9 | -6.0 | -7.5 |
1995–2000 | 15.4 | 13.9 | 16.6 | 19.1 | 18.7 | 19.5 |
2000–2012 | -12.7 | -13.3 | -12.5 | -8.5 | -6.1 | -10.9 |
2000–2007 | -1.1 | -0.5 | -2.8 | -0.9 | 3.7 | -4.6 |
2007–2012 | -11.7 | -12.9 | -9.9 | -7.6 | -9.4 | -6.6 |
Note: Data are for college graduates age 21–24 who do not have an advanced degree and are not enrolled in further schooling, and high school graduates age 17–20 who are not enrolled in further schooling.
Source: Authors' analysis of Current Population Survey Outgoing Rotation Group microdata
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