High school graduates’ wages grew faster than college graduates’ over the pandemic: Real wage changes for young workers, by education level, February 2020–March 2023
Real wage growth | |
---|---|
High school | 9.2% |
College | 3.0% |
Notes: High school wages are average real wages for workers ages 17-20 with a high school degree and who are not enrolled in school, and college wages are average real wages for workers ages 21-24 with a college degree and who are not enrolled in school. Each month represents a 12-month moving average leading up to that month; for instance, March 2023 represents the average value from April 2022 to March 2023.
Source: EPI analysis of the Current Population Survey Outgoing Rotation Group microdata, EPI Current Population Survey Extracts, Version 1.0.40 (2023), https://microdata.epi.org.