Key labor market indicators and living-standards benchmarks, 2000–2011 (2011 dollars)
| Worker hourly wages | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Payroll employment | Unemployment rate | Labor force participation rate | Working-age employment-to-population ratio | Median household income* | Working-age median family income* | 10th percentile | Median | 95th percentile | Total economy productivity | |
| 2000 | 131,785 | 4.0% | 67.1% | 81.5% | $54,851 | $69,233 | $8.24 | $15.99 | $45.44 | $49.62 |
| 2007 | 137,598 | 4.6 | 66.0 | 79.9 | 54,499 | 68,893 | 8.45 | 16.40 | 49.39 | 57.22 |
| 2011 | 131,359 | 8.9 | 64.1 | 75.1 | 51,014** | 63,967** | 8.16 | 16.07 | 49.74 | 60.83 |
| Change*** | ||||||||||
| 2000–2007 | 0.6% | 0.6 ppts. | -1.1 ppts. | -1.6 ppts. | -0.1% | -0.1% | 0.4% | 0.4% | 1.2% | 2.1% |
| 2000–2011 | 0.0 | 4.9 | -3.0 | -6.4 | -0.7** | -0.7** | -0.1 | 0.0 | 0.8 | 1.9 |
* Data are for money income.
** Data are for 2010 (top panel) and 2000–2010 (bottom panel) due to data limitations.
*** Percent change numbers are annualized rates; percentage-point change numbers are cumulative change.
Source: Authors' analysis of Current Population Survey (CPS) public data series, CPS ASEC microdata and Historical Income Tables (Table H-5), CPS-ORG microdata, BLS Current Employment Statistics, and unpublished Total Economy Productivity data from BLS Labor Productivity and Costs program
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