Table 4.44
Trends in education wage gaps, key wage group wage gaps, and relative supply of education, 1979–2011
Average annual change | |||||||
---|---|---|---|---|---|---|---|
1979 | 1995 | 2007 | 2011 | 1979–1995 | 1995–2007 | 1995–2011 | |
Education wage gaps* | |||||||
College/high school | 23.5% | 42.5% | 46.4% | 46.9% | 1.19 | 0.33 | 0.28 |
Advanced degree/high school | 32.4 | 62.3 | 66.6 | 69.6 | 1.87 | 0.35 | 0.46 |
College or more/noncollege | 28.9 | 46.1 | 49.2 | 50.9 | 1.08 | 0.26 | 0.30 |
High school/less than high school | 21.0 | 27.4 | 26.0 | 27.6 | 0.40 | -0.11 | 0.01 |
Wage group wage gaps** | |||||||
50/10 (hourly) | 57.8% | 69.4% | 66.3% | 67.7% | 0.72 | -0.25 | -0.10 |
95/50 (hourly) | 86.9 | 101.8 | 110.2 | 113.0 | 0.93 | 0.70 | 0.70 |
Top 1.0/90th–95th (annual) | 122.4 | 164.1 | 187.2 | 175.5 | 2.61 | 1.92 | 0.71 |
Relative supply (share of employment) | |||||||
College only (1) | 12.7% | 17.3% | 20.9% | 21.9% | 0.29 | 0.30 | 0.29 |
Advanced degree (2) | 6.0 | 8.1 | 10.1 | 11.3 | 0.13 | 0.17 | 0.20 |
College or more (1 + 2) | 18.6 | 25.4 | 31.0 | 33.2 | 0.42 | 0.46 | 0.49 |
* Log point gaps based on regression-adjusted models with human capital controls
** Change in unadjusted log point wage gaps
Source: Authors' analysis of Current Population Survey Outgoing Rotation Group microdata and Tables 4.4 and 4.8 in this chapter
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