SWA2014-Wages | Table 4.14 | Hourly wages by education, 1973–2011 (2011 dollars)

Less than
high school
High
school
Some
college
College
degree
Advanced
degree
Real hourly wage
1973 $14.93 $17.11 $18.43 $24.96 $30.17
1979 14.85 16.67 17.82 23.36 28.53
1989 12.69 15.47 17.37 24.36 31.40
1995 11.46 15.15 16.93 25.16 33.10
2000 11.92 16.04 18.23 27.99 35.42
2007 12.34 16.24 18.31 28.65 36.31
2011 11.82 15.89 17.57 27.99 36.40
Annual percent change
1973–1979 -0.1% -0.4% -0.6% -1.1% -0.9%
1979–1989 -1.6 -0.7 -0.3 0.4 1.0
1989–2000 -0.6 0.3 0.4 1.3 1.1
1989–1995 -1.7 -0.3 -0.4 0.5 0.9
1995–2000 0.8 1.1 1.5 2.2 1.4
2000–2007 0.5 0.2 0.1 0.3 0.4
2007–2011 -1.1 -0.5 -1.0 -0.6 0.1
Share of employment
1973 28.5% 38.3% 18.5% 10.1% 4.5%
1979 20.1 38.5 22.8 12.7 6.0
1989 13.7 36.9 26.0 15.6 7.9
2000 10.8 31.9 29.8 18.8 8.7
2007 9.8 29.6 29.6 20.9 10.1
2011 8.4 28.0 30.4 21.9 11.3

Source: Authors' analysis of Current Population Survey Outgoing Rotation Group microdata

View the underlying data on epi.org.