Table 2

Share of all wages (selected years) and percentage-point change in share of total wages over time, by wage group, 1979–2021

Share of wages Long-term (ppt. change) Pandemic labor market (ppt. change)
Year 1979 1989 2000 2007 2019 2020 2021 1979–2019 1979–2021 2020–2021 2019–2021
Bottom 90% 69.8% 65.2% 60.8% 60.0% 60.1% 59.2% 58.6% -9.7% -11.2% -0.6% -1.5%
90th–99th percentile 22.9% 23.8% 25.6% 26.2% 27.0% 27.4% 26.8% 4.1% 3.9% -0.5% -0.2%
90th–95th 10.8% 10.7% 11.3% 11.5% 11.8% 11.9% 11.5% 1.0% 0.7% -0.3% -0.2%
95th–99th 12.1% 13.1% 14.2% 14.7% 15.2% 15.5% 15.3% 3.1% 3.2% -0.2% 0.1%
Top 5% 19.4% 24.1% 27.9% 28.4% 28.1% 28.9% 29.9% 8.7% 10.5% 1.0% 1.8%
Top 1% 7.3% 11.0% 13.7% 13.7% 12.9% 13.4% 14.6% 5.6% 7.3% 1.1% 1.7%
99.0th⁠–⁠99.9th 5.7% 7.6% 8.2% 8.4% 8.2% 8.4% 8.7% 2.5% 3.0% 0.3% 0.5%
99.9th–100th 1.6% 3.4% 5.4% 5.3% 4.7% 5.0% 5.9% 3.1% 4.3% 0.9% 1.2%

Source: EPI analysis of Kopczuk, Saez, and Song, “Uncovering the American Dream: Inequality and Mobility in Social Security Earnings Data Since 1937” (2007) and Social Security Administration wage statistics.

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