SWA2014-Introduction | Table 1.2 | Key labor market indicators and living-standards benchmarks, 1979–2011 (2011 dollars)
| Payroll employment | Unemployment rate | Labor force participation rate | Working-age employment-to-population ratio | Median household income* | Working-age median family income* | Worker hourly wages | Total economy productivity | |||
|---|---|---|---|---|---|---|---|---|---|---|
| 10th percentile | Median | 95th percentile | ||||||||
| 1979 | 89,932 | 5.8% | 63.7% | 74.6% | $47,535 | $58,659 | $8.53 | $15.21 | $36.28 | $36.03 |
| 1989 | 108,014 | 5.3 | 66.5 | 79.9 | 50,633 | 62,048 | 7.29 | 15.12 | 38.99 | 40.98 |
| 1995 | 117,298 | 5.6 | 66.6 | 79.8 | 49,944 | 61,621 | 7.42 | 14.84 | 41.09 | 44.21 |
| 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*** | ||||||||||
| 1979–1989 | 1.8% | -0.5 ppts. | 2.8 ppts. | 5.3 ppts. | 0.6% | 0.6% | -1.6% | -0.1% | 0.7% | 1.3% |
| 1989–1995 | 1.4 | 0.3 | 0.1 | -0.1 | -0.2 | -0.1 | 0.3 | -0.3 | 0.9 | 1.3 |
| 1979–1995 | 1.7 | -0.2 | 2.9 | 5.2 | 0.3 | 0.3 | -0.9 | -0.2 | 0.8 | 1.3 |
| 1995–2000 | 2.4 | -1.6 | 0.5 | 1.7 | 1.9 | 2.4 | 2.1 | 1.5 | 2.0 | 2.3 |
| 2000–2007 | 0.6 | 0.6 | -1.1 | -1.6 | -0.1 | -0.1 | 0.4 | 0.4 | 1.2 | 2.1 |
| 1979–2007 | 1.5 | -1.2 | 2.3 | 5.3 | 0.5 | 0.6 | 0.0 | 0.3 | 1.1 | 1.7 |
| 2000–2011 | 0.0 | 4.9 | -3.0 | -6.4 | -0.7** | -0.8** | -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CPS ASEC microdata and Historical Income Tables (Table H-5), CPS-ORG microdata, BLS Current Employment Statistics, and unpublished Total Economy Productivity data from BLS Labor Productivity and Costs program
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