Figure A

Bottom wage growth is too low!: Cumulative percent change in real annual wages, by wage group, 1979–2020

Year Bottom 90% 90th–95th 95th–99th Top 1%
1979 0.00% 0.00% 0.00% 0.00%
1980 -2.20% -1.30% -0.20% 3.40%
1981 -2.60% -1.10% -0.10% 3.10%
1982 -3.90% -0.90% 2.20% 9.50%
1983 -3.70% 0.70% 3.60% 13.60%
1984 -1.80% 2.50% 6.00% 20.70%
1985 -1.00% 4.00% 8.10% 23.00%
1986 1.10% 6.40% 12.50% 32.60%
1987 2.10% 7.40% 15.00% 53.50%
1988 2.20% 8.20% 18.40% 68.70%
1989 1.80% 8.10% 18.20% 63.30%
1990 1.10% 7.10% 16.50% 64.80%
1991 0.00% 6.90% 15.50% 53.60%
1992 1.50% 9.00% 19.20% 74.30%
1993 0.90% 9.20% 20.60% 67.90%
1994 2.00% 11.20% 21.00% 63.40%
1995 2.80% 12.20% 24.10% 70.20%
1996 4.10% 13.60% 27.00% 79.00%
1997 7.00% 16.90% 32.30% 100.60%
1998 11.00% 21.30% 38.20% 113.10%
1999 13.20% 25.00% 42.90% 129.70%
2000 15.30% 26.80% 48.00% 144.80%
2001 15.70% 29.00% 46.40% 130.40%
2002 15.60% 29.00% 43.20% 109.30%
2003 15.70% 30.30% 44.90% 113.90%
2004 15.60% 30.80% 47.10% 127.20%
2005 11.00% 26.20% 43.50% 127.10%
2006 11.60% 27.80% 46.70% 134.80%
2007 16.7% 34.1% 55.4% 156.2%
2008 11.90% 29.40% 48.30% 129.00%
2009 16.00% 35.30% 53.50% 116.20%
2010 15.20% 35.70% 55.70% 130.80%
2011 14.50% 36.20% 56.90% 134.00%
2012 14.60% 36.30% 58.30% 148.30%
2013 15.10% 37.10% 59.40% 137.50%
2014 16.60% 38.70% 62.30% 149.00%
2015 20.50% 43.10% 67.90% 156.20%
2016 21.00% 43.50% 68.10% 148.10%
2017 22.20% 44.20% 69.30% 157.30%
2018 23.90% 45.70% 71.30% 157.80%
2019 26.00% 51.80% 75.10% 160.30%
2020 28.20% 53.90% 83.10% 179.30%
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Economic Policy Institute

Note: This is a note.

Source: EPI analysis of Kopczuk, Saez, and Song (2007, Table A3) and Social Security Administration wage statistics.

200

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