Labour Pains
CABE Conference 2019
Kingston, Ontario
August 27, 2019
Elise Gould
Senior Institute Economist
Economic Policy Institute
Note: Data are for money income. Because of a redesign in the CPS ASEC income questions in 2013, we imputed the historical series using the ratio of the old and new method in 2013. Source: EPI analysis of Current Population Survey Annual Social and Economic Supplement Historical Income Tables (Table F-3) Updated from: Figure 2C in The State of Working America, 12th Edition (Mishel et al. 2012), an Economic Policy Institute book published by Cornell University Press in 2012Average annual family income growth, by income group, 1947–2017
1947-1979
1979-2007
2007-2017
Lowest fifth
2.52%
0.02%
0.12%
Second fifth
2.22%
0.37%
0.06%
Third fifth
2.39%
0.59%
0.13%
Fourth fifth
2.43%
0.89%
0.31%
80th-95th percentile
2.36%
1.17%
0.46%
Top 5 percent
1.87%
1.99%
0.71%
Notes: Data are for compensation (wages and benefits) of production/nonsupervisory workers in the private sector and net productivity of the total economy. “Net productivity” is the growth of output of goods and services less depreciation per hour worked. Source: EPI analysis of unpublished Total Economy Productivity data from Bureau of Labor Statistics (BLS) Labor Productivity and Costs program, wage data from the BLS Current Employment Statistics, BLS Employment Cost Trends, BLS Consumer Price Index, and Bureau of Economic Analysis National Income and Product Accounts Updated from Figure A in Raising America’s Pay: Why It’s Our Central Economic Policy Challenge (Bivens et al. 2014)The gap between productivity and a typical worker's compensation has increased dramatically since 1979: Productivity growth and hourly compensation growth, 1948–2018
Year
Hourly compensation
Net productivity
1948
0.00%
0.00%
1949
6.24%
1.55%
1950
10.46%
9.34%
1951
11.74%
12.25%
1952
15.02%
15.49%
1953
20.82%
19.41%
1954
23.48%
21.44%
1955
28.70%
26.38%
1956
33.89%
26.59%
1957
37.08%
30.04%
1958
38.08%
32.72%
1959
42.46%
37.64%
1960
45.38%
40.07%
1961
47.84%
44.37%
1962
52.32%
49.81%
1963
54.86%
55.03%
1964
58.32%
59.95%
1965
62.27%
64.92%
1966
64.70%
69.96%
1967
66.68%
71.98%
1968
71.05%
77.13%
1969
74.39%
77.85%
1970
76.81%
80.35%
1971
81.66%
87.11%
1972
91.34%
92.21%
1973
90.96%
96.96%
1974
87.05%
93.83%
1975
86.86%
98.11%
1976
89.35%
103.60%
1977
92.82%
106.06%
1978
95.66%
108.27%
1979
93.25%
108.12%
1980
88.05%
106.78%
1981
87.36%
110.50%
1982
87.70%
108.38%
1983
88.49%
114.51%
1984
87.03%
120.22%
1985
86.18%
123.65%
1986
87.25%
128.28%
1987
84.67%
128.81%
1988
84.02%
132.01%
1989
83.93%
134.12%
1990
82.37%
136.96%
1991
82.02%
138.50%
1992
83.20%
147.48%
1993
83.46%
148.51%
1994
83.89%
150.54%
1995
82.76%
151.60%
1996
82.87%
156.24%
1997
84.87%
160.72%
1998
89.27%
166.22%
1999
91.98%
173.47%
2000
92.96%
179.47%
2001
95.60%
183.72%
2002
99.49%
191.51%
2003
101.58%
201.22%
2004
100.56%
209.30%
2005
99.73%
215.31%
2006
99.88%
217.62%
2007
101.45%
219.79%
2008
101.39%
221.21%
2009
109.30%
228.49%
2010
111.00%
237.94%
2011
108.47%
237.91%
2012
106.50%
239.28%
2013
108.40%
240.69%
2014
109.08%
242.65%
2015
112.41%
245.44%
2016
114.39%
246.00%
2017
114.67%
249.34%
2018
115.62%
252.39%
Source: EPI analysis of Kopczuk, Saez, and Song (2010, Table A3) and Social Security Administration wage statisticsTop 0.1 percent earnings grew fifteen times faster than bottom 90 percent earnings: Cumulative percent change in real annual earnings, by earnings group, 1979–2017
Year
Bottom 90%
Top 1%
Top 0.1%
1979
0.0%
0.0%
0.0%
1980
-2.2%
3.4%
5.8%
1981
-2.6%
3.1%
7.3%
1982
-3.9%
9.5%
17.4%
1983
-3.7%
13.6%
28.7%
1984
-1.8%
20.7%
44.0%
1985
-1.0%
23.0%
45.8%
1986
1.1%
32.6%
60.9%
1987
2.1%
53.5%
106.6%
1988
2.2%
68.7%
140.2%
1989
1.8%
63.3%
123.9%
1990
1.1%
64.8%
129.8%
1991
0.0%
53.6%
104.6%
1992
1.5%
74.3%
156.0%
1993
0.9%
67.9%
140.2%
1994
2.0%
63.4%
126.9%
1995
2.8%
70.2%
137.0%
1996
4.1%
79.0%
157.3%
1997
7.0%
100.6%
225.6%
1998
11.0%
113.1%
254.9%
1999
13.2%
129.7%
300.5%
2000
15.3%
144.8%
337.6%
2001
15.7%
130.4%
300.5%
2002
15.6%
109.3%
239.5%
2003
15.7%
113.9%
250.1%
2004
15.6%
127.2%
287.6%
2005
15.0%
135.3%
306.9%
2006
15.7%
143.4%
324.9%
2007
16.7%
156.2%
362.5%
2008
16.0%
137.5%
309.0%
2009
16.0%
116.2%
241.6%
2010
15.2%
130.8%
278.0%
2011
14.5%
134.0%
279.0%
2012
14.6%
148.3%
327.9%
2013
15.1%
137.5%
289.3%
2014
16.6%
149.0%
323.7%
2015
20.5%
156.2%
337.9%
2016
21.0%
148.1%
310.3%
2017
22.2%
157.3%
343.2%
Notes: CEO annual compensation is computed using the “options realized” and “options granted” compensation series for CEOs at the top 350 U.S. firms ranked by sales. The “options realized” series includes salary, bonus, restricted stock grants, options realized, and long-term incentive payouts. Projected value for 2017 is based on the change in CEO pay as measured from June 2016 to June 2017 applied to the full-year 2016 value. “Typical worker” compensation is the average annual compensation of the workers in the key industry of the firms in the sample. Source: Authors’ analysis of data from Compustat’s ExecuComp database, the Bureau of Labor Statistics’ Current Employment Statistics data series, and the Bureau of Economic Analysis NIPA tablesCEOs make 312 times more than typical workers: CEO-to-worker compensation ratio, 1965–2017
Year
CEO-to-worker compensation ratio based on options realized
1965
20.0
1966
21.1
1967
22.3
1968
23.6
1969
23.3
1970
23.0
1971
22.8
1972
22.5
1973
22.2
1974
23.5
1975
25.0
1976
26.5
1977
28.1
1978
29.7
1979
31.6
1980
33.6
1981
35.7
1982
38.0
1983
40.4
1984
42.9
1985
45.6
1986
48.5
1987
51.5
1988
54.8
1989
58.2
1990
70.5
1991
85.3
1992
103.2
1993
106.1
1994
81.9
1995
112.3
1996
141.4
1997
207.5
1998
277.0
1999
248.1
2000
343.5
2001
194.1
2002
176.5
2003
219.2
2004
251.6
2005
299.0
2006
318.6
2007
327.4
2008
227.3
2009
187.8
2010
219.3
2011
225.6
2012
266.2
2013
278.6
2014
284.0
2015
271.6
2016
270.1
2017
311.7
Sources: Data on union density follows the composite series found in Historical Statistics of the United States; updated to 2017 from unionstats.com. Income inequality (share of income to top 10%) data are from Thomas Piketty and Emmanuel Saez, “Income Inequality in the United States, 1913–1998,” Quarterly Journal of Economics 118, no. 1 (2003) and updated data from the Top Income Database, updated March 2019.As union membership declines, income inequality rises: Union membership and share of income going to the top 10%, 1917–2017
Year
Union membership
Share of income going to the top 10%
1917
11.0%
40.3%
1918
12.1%
39.9%
1919
14.3%
39.5%
1920
17.5%
38.1%
1921
17.6%
42.9%
1922
14.0%
42.9%
1923
11.7%
40.6%
1924
11.3%
43.3%
1925
11.0%
44.2%
1926
10.7%
44.1%
1927
10.6%
44.7%
1928
10.4%
46.1%
1929
10.1%
43.8%
1930
10.7%
43.1%
1931
11.2%
44.4%
1932
11.3%
46.3%
1933
9.5%
45.0%
1934
9.8%
45.2%
1935
10.8%
43.4%
1936
11.1%
44.8%
1937
18.6%
43.3%
1938
23.9%
43.0%
1939
24.8%
44.6%
1940
23.5%
44.4%
1941
25.4%
41.0%
1942
24.2%
35.5%
1943
30.1%
32.7%
1944
32.5%
31.5%
1945
33.4%
32.6%
1946
31.9%
34.6%
1947
31.1%
33.0%
1948
30.5%
33.7%
1949
29.6%
33.8%
1950
30.0%
33.9%
1951
32.4%
32.8%
1952
31.5%
32.1%
1953
33.2%
31.4%
1954
32.7%
32.1%
1955
32.9%
31.8%
1956
33.2%
31.8%
1957
32.0%
31.7%
1958
31.1%
32.1%
1959
31.6%
32.0%
1960
30.7%
31.7%
1961
28.7%
31.9%
1962
29.1%
32.0%
1963
28.5%
32.0%
1964
28.5%
31.6%
1965
28.6%
31.5%
1966
28.7%
32.0%
1967
28.6%
32.0%
1968
28.7%
32.0%
1969
28.3%
31.8%
1970
27.9%
31.5%
1971
27.4%
31.8%
1972
27.5%
31.6%
1973
27.1%
31.9%
1974
26.5%
32.4%
1975
25.7%
32.6%
1976
25.7%
32.4%
1977
25.2%
32.4%
1978
24.7%
32.4%
1979
25.4%
32.3%
1980
23.6%
32.9%
1981
22.3%
32.7%
1982
21.6%
33.2%
1983
21.4%
33.7%
1984
20.5%
33.9%
1985
19.0%
34.3%
1986
18.5%
34.6%
1987
17.9%
36.5%
1988
17.6%
38.6%
1989
17.2%
38.5%
1990
16.7%
38.8%
1991
16.2%
38.4%
1992
16.2%
39.8%
1993
16.2%
39.5%
1994
16.1%
39.6%
1995
15.3%
40.5%
1996
14.9%
41.2%
1997
14.7%
41.7%
1998
14.2%
42.1%
1999
13.9%
42.7%
2000
13.5%
43.1%
2001
13.5%
42.2%
2002
13.3%
42.4%
2003
12.9%
42.8%
2004
12.5%
43.6%
2005
12.5%
44.9%
2006
12.0%
45.5%
2007
12.1%
45.7%
2008
12.4%
46.0%
2009
12.3%
45.5%
2010
11.9%
46.4%
2011
11.8%
46.6%
2012
11.2%
47.8%
2013
11.2%
46.7%
2014
11.1%
46.9%
2015
11.1%
47.2%
2016
10.7%
47.4%
2017
10.7%
47.9%
Unemployment rates, 1995–2019
United States
Date
Unemployment Rate
Jan-1989
5.4%
Feb-1989
5.2
Mar-1989
5
Apr-1989
5.2
May-1989
5.2
Jun-1989
5.3
Jul-1989
5.2
Aug-1989
5.2
Sep-1989
5.3
Oct-1989
5.3
Nov-1989
5.4
Dec-1989
5.4
Jan-1990
5.4
Feb-1990
5.3
Mar-1990
5.2
Apr-1990
5.4
May-1990
5.4
Jun-1990
5.2
Jul-1990
5.5
Aug-1990
5.7
Sep-1990
5.9
Oct-1990
5.9
Nov-1990
6.2
Dec-1990
6.3
Jan-1991
6.4
Feb-1991
6.6
Mar-1991
6.8
Apr-1991
6.7
May-1991
6.9
Jun-1991
6.9
Jul-1991
6.8
Aug-1991
6.9
Sep-1991
6.9
Oct-1991
7
Nov-1991
7
Dec-1991
7.3
Jan-1992
7.3
Feb-1992
7.4
Mar-1992
7.4
Apr-1992
7.4
May-1992
7.6
Jun-1992
7.8
Jul-1992
7.7
Aug-1992
7.6
Sep-1992
7.6
Oct-1992
7.3
Nov-1992
7.4
Dec-1992
7.4
Jan-1993
7.3
Feb-1993
7.1
Mar-1993
7
Apr-1993
7.1
May-1993
7.1
Jun-1993
7
Jul-1993
6.9
Aug-1993
6.8
Sep-1993
6.7
Oct-1993
6.8
Nov-1993
6.6
Dec-1993
6.5
Jan-1994
6.6
Feb-1994
6.6
Mar-1994
6.5
Apr-1994
6.4
May-1994
6.1
Jun-1994
6.1
Jul-1994
6.1
Aug-1994
6
Sep-1994
5.9
Oct-1994
5.8
Nov-1994
5.6
Dec-1994
5.5
Jan-1995
5.6
Feb-1995
5.4
Mar-1995
5.4
Apr-1995
5.8
May-1995
5.6
Jun-1995
5.6
Jul-1995
5.7
Aug-1995
5.7
Sep-1995
5.6
Oct-1995
5.5
Nov-1995
5.6
Dec-1995
5.6
Jan-1996
5.6
Feb-1996
5.5
Mar-1996
5.5
Apr-1996
5.6
May-1996
5.6
Jun-1996
5.3
Jul-1996
5.5
Aug-1996
5.1
Sep-1996
5.2
Oct-1996
5.2
Nov-1996
5.4
Dec-1996
5.4
Jan-1997
5.3
Feb-1997
5.2
Mar-1997
5.2
Apr-1997
5.1
May-1997
4.9
Jun-1997
5
Jul-1997
4.9
Aug-1997
4.8
Sep-1997
4.9
Oct-1997
4.7
Nov-1997
4.6
Dec-1997
4.7
Jan-1998
4.6
Feb-1998
4.6
Mar-1998
4.7
Apr-1998
4.3
May-1998
4.4
Jun-1998
4.5
Jul-1998
4.5
Aug-1998
4.5
Sep-1998
4.6
Oct-1998
4.5
Nov-1998
4.4
Dec-1998
4.4
Jan-1999
4.3
Feb-1999
4.4
Mar-1999
4.2
Apr-1999
4.3
May-1999
4.2
Jun-1999
4.3
Jul-1999
4.3
Aug-1999
4.2
Sep-1999
4.2
Oct-1999
4.1
Nov-1999
4.1
Dec-1999
4
Jan-2000
4
Feb-2000
4.1
Mar-2000
4
Apr-2000
3.8
May-2000
4
Jun-2000
4
Jul-2000
4
Aug-2000
4.1
Sep-2000
3.9
Oct-2000
3.9
Nov-2000
3.9
Dec-2000
3.9
Jan-2001
4.2
Feb-2001
4.2
Mar-2001
4.3
Apr-2001
4.4
May-2001
4.3
Jun-2001
4.5
Jul-2001
4.6
Aug-2001
4.9
Sep-2001
5
Oct-2001
5.3
Nov-2001
5.5
Dec-2001
5.7
Jan-2002
5.7
Feb-2002
5.7
Mar-2002
5.7
Apr-2002
5.9
May-2002
5.8
Jun-2002
5.8
Jul-2002
5.8
Aug-2002
5.7
Sep-2002
5.7
Oct-2002
5.7
Nov-2002
5.9
Dec-2002
6
Jan-2003
5.8
Feb-2003
5.9
Mar-2003
5.9
Apr-2003
6
May-2003
6.1
Jun-2003
6.3
Jul-2003
6.2
Aug-2003
6.1
Sep-2003
6.1
Oct-2003
6
Nov-2003
5.8
Dec-2003
5.7
Jan-2004
5.7
Feb-2004
5.6
Mar-2004
5.8
Apr-2004
5.6
May-2004
5.6
Jun-2004
5.6
Jul-2004
5.5
Aug-2004
5.4
Sep-2004
5.4
Oct-2004
5.5
Nov-2004
5.4
Dec-2004
5.4
Jan-2005
5.3
Feb-2005
5.4
Mar-2005
5.2
Apr-2005
5.2
May-2005
5.1
Jun-2005
5
Jul-2005
5
Aug-2005
4.9
Sep-2005
5
Oct-2005
5
Nov-2005
5
Dec-2005
4.9
Jan-2006
4.7
Feb-2006
4.8
Mar-2006
4.7
Apr-2006
4.7
May-2006
4.6
Jun-2006
4.6
Jul-2006
4.7
Aug-2006
4.7
Sep-2006
4.5
Oct-2006
4.4
Nov-2006
4.5
Dec-2006
4.4
Jan-2007
4.6
Feb-2007
4.5
Mar-2007
4.4
Apr-2007
4.5
May-2007
4.4
Jun-2007
4.6
Jul-2007
4.7
Aug-2007
4.6
Sep-2007
4.7
Oct-2007
4.7
Nov-2007
4.7
Dec-2007
5
Jan-2008
5
Feb-2008
4.9
Mar-2008
5.1
Apr-2008
5
May-2008
5.4
Jun-2008
5.6
Jul-2008
5.8
Aug-2008
6.1
Sep-2008
6.1
Oct-2008
6.5
Nov-2008
6.8
Dec-2008
7.3
Jan-2009
7.8
Feb-2009
8.3
Mar-2009
8.7
Apr-2009
9
May-2009
9.4
Jun-2009
9.5
Jul-2009
9.5
Aug-2009
9.6
Sep-2009
9.8
Oct-2009
10
Nov-2009
9.9
Dec-2009
9.9
Jan-2010
9.8
Feb-2010
9.8
Mar-2010
9.9
Apr-2010
9.9
May-2010
9.6
Jun-2010
9.4
Jul-2010
9.4
Aug-2010
9.5
Sep-2010
9.5
Oct-2010
9.4
Nov-2010
9.8
Dec-2010
9.3
Jan-2011
9.1
Feb-2011
9
Mar-2011
9
Apr-2011
9.1
May-2011
9
Jun-2011
9.1
Jul-2011
9
Aug-2011
9
Sep-2011
9
Oct-2011
8.8
Nov-2011
8.6
Dec-2011
8.5
Jan-2012
8.3
Feb-2012
8.3
Mar-2012
8.2
Apr-2012
8.2
May-2012
8.2
Jun-2012
8.2
Jul-2012
8.2
Aug-2012
8.1
Sep-2012
7.8
Oct-2012
7.8
Nov-2012
7.7
Dec-2012
7.9
Jan-2013
8
Feb-2013
7.7
Mar-2013
7.5
Apr-2013
7.6
May-2013
7.5
Jun-2013
7.5
Jul-2013
7.3
Aug-2013
7.2
Sep-2013
7.2
Oct-2013
7.2
Nov-2013
6.9
Dec-2013
6.7
Jan-2014
6.6
Feb-2014
6.7
Mar-2014
6.7
Apr-2014
6.2
May-2014
6.3
Jun-2014
6.1
Jul-2014
6.2
Aug-2014
6.1
Sep-2014
5.9
Oct-2014
5.7
Nov-2014
5.8
Dec-2014
5.6
Jan-2015
5.7
Feb-2015
5.5
Mar-2015
5.4
Apr-2015
5.4
May-2015
5.6
Jun-2015
5.3
Jul-2015
5.2
Aug-2015
5.1
Sep-2015
5
Oct-2015
5
Nov-2015
5.1
Dec-2015
5
Jan-2016
4.9
Feb-2016
4.9
Mar-2016
5
Apr-2016
5
May-2016
4.8
Jun-2016
4.9
Jul-2016
4.8
Aug-2016
4.9
Sep-2016
5
Oct-2016
4.9
Nov-2016
4.7
Dec-2016
4.7
Jan-2017
4.7
Feb-2017
4.7
Mar-2017
4.4
Apr-2017
4.4
May-2017
4.4
Jun-2017
4.3
Jul-2017
4.3
Aug-2017
4.4
Sep-2017
4.2
Oct-2017
4.1
Nov-2017
4.2
Dec-2017
4.1
Jan-2018
4.1
Feb-2018
4.1
Mar-2018
4
Apr-2018
3.9
May-2018
3.8
Jun-2018
4
Jul-2018
3.9
Aug-2018
3.8
Sep-2018
3.7
Oct-2018
3.8
Nov-2018
3.7
Dec-2018
3.9
Jan-2019
4
Feb-2019
3.8
Mar-2019
3.8
Apr-2019
3.6
May-2019
3.6
Jun-2019
3.7
July-2019
3.7
Canada
Date
Unemployment rate (R3- comparable to the United States rate)
Jan-1989
7.0%
Feb-1989
7.1
Mar-1989
7.1
Apr-1989
7.2
May-1989
7.1
Jun-1989
7.1
Jul-1989
7.0
Aug-1989
6.9
Sep-1989
6.9
Oct-1989
6.8
Nov-1989
7.0
Dec-1989
7.2
Jan-1990
7.4
Feb-1990
7.3
Mar-1990
7.0
Apr-1990
7.2
May-1990
7.3
Jun-1990
7.3
Jul-1990
7.6
Aug-1990
7.7
Sep-1990
8.0
Oct-1990
8.4
Nov-1990
8.6
Dec-1990
9.0
Jan-1991
9.2
Feb-1991
9.7
Mar-1991
10.0
Apr-1991
9.7
May-1991
9.8
Jun-1991
10.0
Jul-1991
10.0
Aug-1991
10.1
Sep-1991
9.8
Oct-1991
9.9
Nov-1991
9.7
Dec-1991
9.7
Jan-1992
9.8
Feb-1992
9.9
Mar-1992
10.4
Apr-1992
10.3
May-1992
10.6
Jun-1992
10.8
Jul-1992
10.8
Aug-1992
11.2
Sep-1992
11.1
Oct-1992
10.9
Nov-1992
11.4
Dec-1992
10.9
Jan-1993
10.5
Feb-1993
10.4
Mar-1993
10.6
Apr-1993
10.9
May-1993
11.2
Jun-1993
11.1
Jul-1993
11.0
Aug-1993
10.7
Sep-1993
10.8
Oct-1993
10.6
Nov-1993
10.5
Dec-1993
10.8
Jan-1994
10.6
Feb-1994
10.3
Mar-1994
9.9
Apr-1994
10.1
May-1994
9.8
Jun-1994
9.5
Jul-1994
9.2
Aug-1994
9.1
Sep-1994
9.2
Oct-1994
9.1
Nov-1994
8.9
Dec-1994
8.7
Jan-1995
8.8
Feb-1995
8.7
Mar-1995
8.8
Apr-1995
8.5
May-1995
8.6
Jun-1995
8.6
Jul-1995
8.8
Aug-1995
8.8
Sep-1995
8.3
Oct-1995
8.5
Nov-1995
8.4
Dec-1995
8.5
Jan-1996
8.6
Feb-1996
8.7
Mar-1996
8.6
Apr-1996
8.4
May-1996
8.5
Jun-1996
8.7
Jul-1996
8.9
Aug-1996
8.6
Sep-1996
9.1
Oct-1996
9.2
Nov-1996
9.1
Dec-1996
8.9
Jan-1997
8.8
Feb-1997
8.7
Mar-1997
8.5
Apr-1997
8.8
May-1997
8.8
Jun-1997
8.5
Jul-1997
8.3
Aug-1997
8.2
Sep-1997
8.2
Oct-1997
8.1
Nov-1997
8.1
Dec-1997
7.8
Jan-1998
8.2
Feb-1998
7.9
Mar-1998
7.7
Apr-1998
7.6
May-1998
7.7
Jun-1998
7.8
Jul-1998
7.7
Aug-1998
7.6
Sep-1998
7.6
Oct-1998
7.4
Nov-1998
7.3
Dec-1998
7.4
Jan-1999
7.3
Feb-1999
7.3
Mar-1999
7.1
Apr-1999
7.6
May-1999
7.4
Jun-1999
7.0
Jul-1999
7.0
Aug-1999
7.0
Sep-1999
6.8
Oct-1999
6.6
Nov-1999
6.3
Dec-1999
6.1
Jan-2000
6.1
Feb-2000
6.2
Mar-2000
6.2
Apr-2000
6.1
May-2000
6.0
Jun-2000
6.0
Jul-2000
6.0
Aug-2000
6.1
Sep-2000
6.0
Oct-2000
6.1
Nov-2000
6.2
Dec-2000
6.1
Jan-2001
6.2
Feb-2001
6.2
Mar-2001
6.2
Apr-2001
6.2
May-2001
6.3
Jun-2001
6.3
Jul-2001
6.4
Aug-2001
6.4
Sep-2001
6.5
Oct-2001
6.5
Nov-2001
6.8
Dec-2001
7.2
Jan-2002
7.4
Feb-2002
7.1
Mar-2002
7.1
Apr-2002
7.0
May-2002
7.0
Jun-2002
6.9
Jul-2002
6.9
Aug-2002
6.9
Sep-2002
7.1
Oct-2002
6.9
Nov-2002
6.7
Dec-2002
6.8
Jan-2003
6.7
Feb-2003
6.7
Mar-2003
6.7
Apr-2003
6.8
May-2003
6.9
Jun-2003
6.8
Jul-2003
7.0
Aug-2003
7.2
Sep-2003
7.1
Oct-2003
6.9
Nov-2003
6.7
Dec-2003
6.7
Jan-2004
6.6
Feb-2004
6.5
Mar-2004
6.6
Apr-2004
6.5
May-2004
6.4
Jun-2004
6.5
Jul-2004
6.4
Aug-2004
6.3
Sep-2004
6.2
Oct-2004
6.3
Nov-2004
6.5
Dec-2004
6.3
Jan-2005
6.2
Feb-2005
6.2
Mar-2005
6.1
Apr-2005
6.0
May-2005
6.1
Jun-2005
5.9
Jul-2005
6.0
Aug-2005
5.9
Sep-2005
6.0
Oct-2005
5.9
Nov-2005
5.7
Dec-2005
5.7
Jan-2006
5.7
Feb-2006
5.7
Mar-2006
5.6
Apr-2006
5.6
May-2006
5.3
Jun-2006
5.3
Jul-2006
5.5
Aug-2006
5.5
Sep-2006
5.6
Oct-2006
5.4
Nov-2006
5.5
Dec-2006
5.2
Jan-2007
5.3
Feb-2007
5.3
Mar-2007
5.4
Apr-2007
5.3
May-2007
5.2
Jun-2007
5.3
Jul-2007
5.3
Aug-2007
5.2
Sep-2007
5.0
Oct-2007
5.1
Nov-2007
5.2
Dec-2007
5.2
Jan-2008
5.1
Feb-2008
5.1
Mar-2008
5.2
Apr-2008
5.2
May-2008
5.3
Jun-2008
5.3
Jul-2008
5.2
Aug-2008
5.1
Sep-2008
5.1
Oct-2008
5.2
Nov-2008
5.5
Dec-2008
5.8
Jan-2009
6.3
Feb-2009
6.7
Mar-2009
6.9
Apr-2009
7.4
May-2009
7.8
Jun-2009
7.7
Jul-2009
7.7
Aug-2009
7.8
Sep-2009
7.5
Oct-2009
7.5
Nov-2009
7.5
Dec-2009
7.5
Jan-2010
7.3
Feb-2010
7.4
Mar-2010
7.4
Apr-2010
7.2
May-2010
7.2
Jun-2010
7.1
Jul-2010
7.0
Aug-2010
7.1
Sep-2010
7.1
Oct-2010
7.0
Nov-2010
6.6
Dec-2010
6.6
Jan-2011
6.8
Feb-2011
6.7
Mar-2011
6.6
Apr-2011
6.6
May-2011
6.4
Jun-2011
6.5
Jul-2011
6.3
Aug-2011
6.3
Sep-2011
6.4
Oct-2011
6.5
Nov-2011
6.6
Dec-2011
6.6
Jan-2012
6.6
Feb-2012
6.4
Mar-2012
6.2
Apr-2012
6.4
May-2012
6.5
Jun-2012
6.3
Jul-2012
6.4
Aug-2012
6.2
Sep-2012
6.2
Oct-2012
6.5
Nov-2012
6.3
Dec-2012
6.3
Jan-2013
6.1
Feb-2013
6.1
Mar-2013
6.3
Apr-2013
6.1
May-2013
6.0
Jun-2013
6.2
Jul-2013
6.3
Aug-2013
6.0
Sep-2013
6.0
Oct-2013
6.0
Nov-2013
5.9
Dec-2013
6.1
Jan-2014
6.0
Feb-2014
6.0
Mar-2014
6.1
Apr-2014
6.0
May-2014
6.0
Jun-2014
6.0
Jul-2014
6.0
Aug-2014
6.1
Sep-2014
5.9
Oct-2014
5.6
Nov-2014
5.7
Dec-2014
5.7
Jan-2015
5.6
Feb-2015
5.9
Mar-2015
5.9
Apr-2015
6.0
May-2015
5.9
Jun-2015
5.8
Jul-2015
5.8
Aug-2015
5.9
Sep-2015
6.0
Oct-2015
5.9
Nov-2015
6.0
Dec-2015
6.2
Jan-2016
6.2
Feb-2016
6.2
Mar-2016
6.1
Apr-2016
6.2
May-2016
5.9
Jun-2016
5.8
Jul-2016
5.9
Aug-2016
5.9
Sep-2016
6.0
Oct-2016
5.9
Nov-2016
5.9
Dec-2016
5.9
Jan-2017
5.7
Feb-2017
5.5
Mar-2017
5.5
Apr-2017
5.4
May-2017
5.6
Jun-2017
5.4
Jul-2017
5.3
Aug-2017
5.3
Sep-2017
5.1
Oct-2017
5.1
Nov-2017
5.0
Dec-2017
4.8
Jan-2018
4.9
Feb-2018
4.8
Mar-2018
4.9
Apr-2018
4.9
May-2018
4.8
Jun-2018
4.9
Jul-2018
4.8
Aug-2018
4.9
Sep-2018
4.8
Oct-2018
4.7
Nov-2018
4.5
Dec-2018
4.7
Jan-2019
4.8
Feb-2019
4.8
Mar-2019
4.7
Apr-2019
4.7
May-2019
4.3
Jun-2019
4.5
Jul-2019
4.6
Cumulative percent change in real hourly wages, by wage percentile, 2000–2016
United States
year
10th
30th
50th
70th
90th
95th
2000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2001
3.1%
1.1%
1.5%
1.1%
3.4%
1.7%
2002
6.3%
3.2%
3.1%
2.5%
4.5%
5.4%
2003
5.9%
4.3%
3.1%
4.3%
4.5%
4.5%
2004
4.0%
2.1%
4.3%
3.5%
5.6%
5.5%
2005
1.5%
-0.6%
2.7%
2.1%
4.9%
5.7%
2006
0.9%
-2.2%
3.1%
1.3%
6.8%
6.7%
2007
2.6%
0.1%
3.3%
3.0%
7.5%
8.5%
2008
3.8%
-0.1%
2.5%
3.5%
7.4%
9.1%
2009
4.7%
1.8%
4.8%
5.8%
10.9%
11.6%
2010
3.8%
0.4%
4.2%
5.2%
11.4%
11.0%
2011
1.1%
-1.5%
1.6%
3.7%
9.1%
10.0%
2012
-0.6%
-2.3%
0.3%
2.4%
9.8%
11.3%
2013
0.0%
-1.3%
0.8%
4.2%
10.7%
13.2%
2014
0.9%
-2.3%
0.9%
3.0%
9.5%
11.6%
2015
5.7%
-1.5%
2.5%
6.0%
14.0%
18.8%
2016
6.6%
1.2%
4.4%
5.9%
16.1%
20.0%
Canada
10th
30th
50th
70th
90th
95th
2000
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
2001
2.7%
2.0%
1.8%
0.2%
2.3%
2.3%
2002
4.4%
0.2%
-0.2%
-0.4%
2.3%
1.4%
2003
3.7%
2.5%
0.3%
-0.9%
3.3%
2.6%
2004
1.2%
0.1%
0.0%
0.2%
4.1%
4.1%
2005
1.2%
0.0%
1.4%
0.5%
5.4%
4.4%
2006
4.0%
3.4%
2.4%
2.2%
7.7%
7.6%
2007
7.3%
4.2%
3.8%
4.0%
8.1%
7.5%
2008
7.8%
8.1%
6.2%
6.4%
11.7%
11.5%
2009
14.4%
10.4%
8.0%
8.2%
14.3%
12.4%
2010
13.0%
9.9%
8.7%
6.8%
12.6%
11.9%
2011
12.7%
8.7%
6.3%
6.0%
12.4%
11.6%
2012
14.3%
7.7%
6.3%
8.8%
14.2%
14.9%
2013
17.1%
10.6%
9.7%
10.7%
17.4%
15.4%
2014
17.5%
12.6%
8.4%
11.9%
16.7%
15.4%
2015
17.8%
10.5%
11.4%
13.4%
18.0%
15.6%
2016
19.7%
12.8%
10.3%
13.0%
18.8%
16.9%
Source: Author's analysis of ICTWSS Database 2019.Union membership has declined more dramatically in the U.S. than in Canada: Union membership rates, 1960–2015
year
Canada
US
1960
29.2
30.9
1961
28.5
29.5
1962
27.1
29.3
1963
26.8
28.5
1964
26.4
28.3
1965
26.7
28.2
1966
27.6
28.2
1967
29.6
27.8
1968
30.2
27.9
1969
30.1
27.3
1970
31.0
27.4
1971
30.8
26.9
1972
31.8
26.3
1973
33.1
25.8
1974
33.1
25.7
1975
34.3
25.3
1976
34.5
24.4
1977
35.1
23.6
1978
35.5
23.9
1979
34.6
22.4
1980
34.0
22.1
1981
33.9
21.0
1982
36.8
20.5
1983
35.9
19.5
1984
35.9
18.2
1985
35.3
17.4
1986
34.5
17.0
1987
33.9
16.5
1988
33.4
16.2
1989
33.5
15.9
1990
34.0
15.5
1991
35.3
15.5
1992
35.6
15.1
1993
35.7
15.1
1994
34.3
14.9
1995
33.9
14.3
1996
34.1
14.0
1997
32.4
13.6
1998
32.4
13.4
1999
31.8
13.4
2000
31.2
12.9
2001
31.0
12.9
2002
30.3
12.8
2003
30.2
12.4
2004
30.4
12.0
2005
30.4
12.0
2006
30.1
11.5
2007
30.2
11.6
2008
29.8
11.9
2009
30.7
11.8
2010
30.1
11.4
2011
29.8
11.3
2012
29.8
10.8
2013
29.2
10.8
2014
29.3
10.7
2015
29.4
10.6
Source: Corak (2009), figure 2, page 8; Corak and Heisz (1999), Table 6, page 520; Mazumder (2005b), Table 2.2, page 93.American sons of bottom-earning fathers are also more likely to have low earnings than their Canadian counterparts: Earnings decile of sons born to bottom-decile fathers
United States
Canada
Bottom
22.0%
15.8%
2nd
18.0%
13.7%
3rd
10.0%
11.7%
4th
10.0%
11.0%
5th
11.0%
9.7%
6th
11.0%
8.7%
7th
5.0%
8.3%
8th
5.0%
7.4%
9th
2.0%
7.0%
Top
7.0%
6.9%
Source: Author's analysis of OECD.stat dataRatio of 90th percentile to 10th percentile gross earnings, 2000 and 2017
2000
2017
Canada
3.61
3.61
U.S.
4.49
5.07
Source: Author's analysis of OECD.stat dataMinimum wage as a share of the average wage of full-time workers, 2000 and 2017
2000
2017
Canada
37.6%
40.8%
U.S.
28.5%
24.3%
Note: The xth-percentile wage is the wage at which x% of wage earners earn less and (100-x)% earn more. Sample based on all workers ages 16 and older. Each year represents annual data, calculated using the first-half data in the listed year combined with the second-half data for the prior year. Source: EPI analysis of Current Population Survey microdataReal wage changes by decile and the 95th percentile, 2007–2019
Percent change 2007–2019
10th
8.4%
20th
7.4%
30th
8.4%
40th
4.2%
50th
3.6%
60th
4.9%
70th
6.8%
80th
10.3%
90th
13.1%
95th
19.7%
Note: States in blue have positive real minimum wage increases between 2010 and 2018, after adjusting for inflation using the CPI-U-RS. Sources: CPI-U-RS from the Bureau of Labor Statistics and minimum wage data from Kavya Vaghul and Ben Zipperer, “Historical State and Sub-State Minimum Wages,” Version 1.2.0, 2019The real value of the minimum wage fell in 29 states between 2010 and 2018: States with and without a real increase in their minimum wage between 2010 and 2018
State
Key
Real minimum wage increase
Alabama
0
No real increase
Alaska
1
Real increase
Arizona
1
Real increase
Arkansas
1
Real increase
California
1
Real increase
Colorado
1
Real increase
Connecticut
1
Real increase
Delaware
0
No real increase
Washington D.C.
1
Real increase
Florida
0
No real increase
Georgia
0
No real increase
Hawaii
1
Real increase
Idaho
0
No real increase
Illinois
0
No real increase
Indiana
0
No real increase
Iowa
0
No real increase
Kansas
0
No real increase
Kentucky
0
No real increase
Louisiana
0
No real increase
Maine
1
Real increase
Maryland
1
Real increase
Massachusetts
1
Real increase
Michigan
1
Real increase
Minnesota
1
Real increase
Mississippi
0
No real increase
Missouri
0
No real increase
Montana
0
No real increase
Nebraska
1
Real increase
Nevada
0
No real increase
New Hampshire
0
No real increase
New Jersey
1
Real increase
New Mexico
0
No real increase
New York
1
Real increase
North Carolina
0
No real increase
North Dakota
0
No real increase
Ohio
0
No real increase
Oklahoma
0
No real increase
Oregon
1
Real increase
Pennsylvania
0
No real increase
Rhode Island
1
Real increase
South Carolina
0
No real increase
South Dakota
1
Real increase
Tennessee
0
No real increase
Texas
0
No real increase
Utah
0
No real increase
Vermont
1
Real increase
Virginia
0
No real increase
Washington
1
Real increase
West Virginia
1
Real increase
Wisconsin
0
No real increase
Wyoming
0
No real increase
Notes: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Hawaii, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Montana, Nebraska, New Jersey, New York, Ohio, Oregon, Rhode Island, South Dakota, Vermont, Washington, and West Virginia increased their minimum wages at some point between 2013 and 2018. Sample based on all workers ages 16 and older. Source: EPI analysis of Current Population Survey Outgoing Rotation Group microdata from the U.S. Census BureauWage growth at the bottom was strongest in states with minimum wage increases between 2013 and 2018: 10th-percentile wage growth from 2013 to 2018, by presence of state minimum wage increase between 2013 and 2018 and by gender
States with minimum wage increases between 2013 and 2018
States with no minimum wage increases between 2013 and 2018
Overall
13.0%
8.4%
Men
12.0%
8.6%
Women
13.0%
6.0%
Note: In order to include data from the first half of 2019, all years refer to the 12 month period ending in June. Source: Authors' analysis of Current Population Survey basic monthly microdata from the U.S. Census BureauWage growth was stronger in the late 1990s than the current expansion: Real median wage growth, 1996–2000 and 2015–2019
1996-2000
2015-2019
White men
9.9%
6.6%
Black men
10.3%
5.0%
White women
9.4%
6.4%
Black women
9.2%
4.7%
Note: In order to include data from the first half of 2019, all years refer to the 12 month period ending in June. Source: Authors' analysis of Current Population Survey basic monthly microdata from the U.S. Census BureauWage growth stronger among workers with a college degree in the late 1990s than the current expansion: Real average wage growth, workers with a bachelors degree, 1996–2000 and 2015–2019
1996-2000
2015-2019
Men
10.9%
7.8%
Women
9.8%
3.0%
White
10.6%
6.6%
Black
11.5%
-0.3%
Notes: For total government spending, government consumption and investment expenditures are deflated with the NIPA price deflator. Government transfer payments are deflated with the price deflator for personal consumption expenditures. This figure includes state and local government spending. Source: EPI analysis of data from Tables 1.1.4, 3.1, and 3.9.4 from the National Income and Product Accounts (NIPA) of the Bureau of Economic Analysis (BEA)The 2010s recovery was weighed down by persistent fiscal austerity: Cumulative growth in real government per capita spending across business cycles, by number of quarters since recession's trough
Quarters since trough
1949Q4
1954Q2
1958Q2
1961Q1
1970Q4
1975Q1
1980Q3
1982Q4
1991Q1
2001Q4
2009Q2
-6
92.79903
-5
94.42455
96.86089
93.1549
-4
92.97881
104.5763
97.76742
95.9536
97.26268
98.41396
-3
95.80659
103.7704
95.68662
95.6534
97.96079
96.90702
97.1442
97.21738
95.26491
-2
99.68691
103.7435
97.34544
97.21321
99.11551
97.38414
99.6841
97.67438
98.68033
98.40091
95.54005
-1
101.0297
102.2883
97.44405
97.94855
99.51544
97.9963
99.37112
98.52386
99.19218
98.76741
97.47838
0
100
100
100
100
100
100
100
100
100
100
100
1
106.652
99.00479
100.6313
100.3652
99.50026
101.2492
99.24907
100.3054
100.3142
101.6368
99.52924
2
101.2557
98.62369
101.5953
101.3941
100.6452
102.1758
99.73392
100.705
99.99911
102.4237
99.4363
3
97.5566
99.12395
100.704
102.7161
100.4491
102.3636
99.28496
100.8003
99.87627
102.5812
100.3436
4
101.5171
98.39362
101.1484
103.7797
100.2865
102.6974
99.83932
99.84297
101.2984
102.879
100.2655
5
107.3538
98.55248
101.4558
103.8774
101.0244
101.4687
100.5263
101.3832
103.0006
99.54466
6
116.9505
97.05224
100.7513
105.4147
101.2774
101.4071
101.735
101.5793
103.5206
98.79907
7
125.7723
97.07004
99.66259
106.0131
100.2924
101.1465
102.2704
101.3158
103.4658
97.75721
8
129.7541
98.39858
100.6858
105.6846
102.611
101.5311
103.7657
100.9122
103.7324
97.01971
9
131.6787
97.81254
105.3738
103.2787
101.5467
104.8214
100.7311
104.192
95.85859
10
135.4297
99.366
108.5523
102.8074
102.0295
106.1938
100.6341
104.3718
95.38564
11
135.852
101.1222
108.0357
102.2027
101.8212
107.7791
100.6285
104.5238
94.67948
12
137.5306
101.243
108.6355
102.7584
101.591
108.055
100.3789
104.5423
94.15164
13
140.9415
101.7904
109.3489
102.5296
109.0963
100.6532
105.1607
93.95881
14
142.3413
109.443
103.4517
110.6795
101.4527
105.1287
93.48459
15
109.5364
103.7356
112.2495
101.0538
105.31
93.41973
16
109.9874
102.9802
112.1538
101.6724
105.408
93.28635
17
111.1166
102.9627
112.5128
101.9055
107.1431
92.95273
18
114.9528
103.8694
112.9643
101.6099
107.1671
92.41171
19
116.0413
103.9585
112.7088
100.9847
107.072
92.23086
20
117.8536
104.6344
113.646
101.6527
107.9508
92.3369
21
119.1939
113.8692
102.2766
108.5867
92.6896
22
121.8915
113.9332
102.1348
109.1526
92.86114
23
124.5182
113.7117
102.4409
109.4264
93.67068
24
128.8423
114.9939
102.4443
109.7915
94.35335
25
128.7783
115.7054
103.0859
94.55128
26
130.0413
116.6918
103.2984
94.62728
27
131.0418
117.5117
103.6022
95.08481
28
133.4422
118.2052
103.7908
94.95413
29
134.9219
119.8691
104.8758
94.9973
30
135.7141
119.8933
105.4035
94.87157
31
136.0944
119.8235
105.7598
94.9922
32
136.8323
106.5886
94.96186
33
136.9189
106.9218
94.83272
34
137.3127
107.6688
95.0302
35
136.3535
108.5848
95.41862
36
108.3443
95.74696
37
109.2122
96.37835
38
108.9711
96.77549
Source: Author’s analysis of Thomas A. Kochan et al., “Worker Voice in America: Is There a Gap between What Workers Expect and What They Experience?” ILR Review 72, no. 1 (2019) and Bureau of Labor Statistics’ Current Population Survey public data seriesA large share of workers do not have the union representation they want and need: Share of workers who are either covered by a union contract or would vote for a union in their workplace, and share of workers who are covered by a union contract, 1977 and 2017
Share of workers either covered by a union contract or who would vote for a union
Share of workers covered by a union contract
1977
59.5%
26.5%
2017
59.9%
11.9%
Note: Values are adjusted to 2018 dollars. 2012 immigration enforcement totals include appropriations for U.S. Customs and Border Protection (CBP), U.S. Immigration and Customs Enforcement (ICE), and the U.S. Visitor and Immigrant Status Indicator Technology program (US-VISIT). 2018 immigration enforcement totals include CBP, ICE, and the Office of Biometric and Identity Management (OBIM). Totals for labor standards enforcement include appropriations for all subagencies, administrations, and offices that the U.S. Department of Labor considers for "Worker Protection" in budget documents—which include the Employee Benefits Security Administration, Office of Workers' Compensation Programs, Wage and Hour Division, Office of Federal Contract Compliance Programs, Office of Labor-Management Standards, Occupational Safety and Health Administration, Mine Safety and Health Administration, and the Office of the Solicitor—as well as appropriations for the National Labor Relations Board and the National Mediation Board. Source: Doris Meissner, Donald Kerwin, Muzaffar Chishti, and Claire Bergeron, Immigration Enforcement in the United States: The Rise of a Formidable Machinery, Migration Policy Institute (January 2013); Doris Meissner and Julia Gelatt, Eight Key U.S. Immigration Policy Issues: State of Play and Unanswered Questions, Migration Policy Institute (May 2019); U.S. Department of Labor, FY 2020 Budget in Brief; Office of Management and Government, Budget of the United States Government, Fiscal Year 2018; and National Labor Relations Board, Justification of Performance Budget for Committee on Appropriations, Fiscal Year 2020.U.S. government funds appropriated for immigration and labor standards enforcement, 2012 and 2018
Immigration enforcement
Labor standards enforcement
2012
$19.6
$2.2
2018
$24.0
$2.0