Figure C
Median wages kept pace with productivity during high-pressure labor markets, but lagged far behind in other years: Average annual wage and productivity growth for 1996–2002 and 2014–2024 vs. all other years between 1979 and 2024
| 1996–2002 and 2014–2024 | All other post-1979 years | |
|---|---|---|
| Median | 1.7% | 0.0% |
| 10th percentile | 2.7% | -0.6% |
| Productivity | 1.7% | 1.2% |
Source: Economic Policy Institute, State of Working America Data Library, "Hourly wage percentiles - Real hourly wage (2024$)," and "Productivity and pay, real dollars per hour (2024$)".
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