Figure 4AE
Minimum wage as a share of average hourly earnings, 1964–2013
Year | Minimum wage as a share of average hourly earnings |
---|---|
1964 | 49.4% |
1965 | 47.5% |
1966 | 45.8% |
1967 | 49.1% |
1968 | 53.0% |
1969 | 49.7% |
1970 | 47.1% |
1971 | 44.1% |
1972 | 41.0% |
1973 | 38.6% |
1974 | 45.1% |
1975 | 44.4% |
1976 | 45.5% |
1977 | 42.3% |
1978 | 45.1% |
1979 | 45.7% |
1980 | 45.3% |
1981 | 45.0% |
1982 | 42.6% |
1983 | 40.9% |
1984 | 39.5% |
1985 | 38.3% |
1986 | 37.5% |
1987 | 36.7% |
1988 | 35.5% |
1989 | 34.2% |
1990 | 37.3% |
1991 | 40.4% |
1992 | 39.5% |
1993 | 38.5% |
1994 | 37.5% |
1995 | 36.5% |
1996 | 39.5% |
1997 | 41.2% |
1998 | 39.6% |
1999 | 38.2% |
2000 | 36.7% |
2001 | 35.4% |
2002 | 34.4% |
2003 | 33.5% |
2004 | 32.8% |
2005 | 31.9% |
2006 | 30.7% |
2007 | 33.6% |
2008 | 36.2% |
2009 | 39.0% |
2010 | 38.1% |
2011 | 37.3% |
2012 | 36.7% |
2013 | 36.0% |
Note: Earnings measured is average hourly earnings of production/nonsupervisory workers.
Source: EPI analysis of U.S. Department of Labor Wage and Hour Division (2009) and Bureau of Labor Statistics Current Employment Statistics
Previous chart: « Real value of the minimum wage, 1960–2013 (2013 dollars)
Next chart: Real value of the federal minimum wage and share of workforce covered by higher state minimums, 1979–2011 »