Change in wage groups' shares of total wages, 1979–2020
Change in share (ppt.) | |||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Share of wages | Long-term | Over 2007–2020 business cycle | |||||||||
Wage group | 1979 | 2007 | 2009 | 2019 | 2020 | 1979–2007 | 1979–2020 | 2007–2009 | 2009–2020 | 2019–2020 | 2007–2020 |
Bottom 90% | 69.8% | 61.1% | 62.3% | 60.9% | 60.2% | -8.8 | -9.6 | 1.3 | -2.1 | -0.7 | -0.8 |
90th–99th | 22.8% | 24.9% | 25.5% | 25.9% | 26.0% | 2.0 | 3.2 | 0.6 | 0.5 | 0.1 | 1.1 |
90th–95th | 10.8% | 10.8% | 11.2% | 11.3% | 11.1% | 0.1 | 0.4 | 0.4 | -0.1 | -0.2 | 0.3 |
95th–99th | 12.1% | 14.1% | 14.3% | 14.6% | 14.9% | 2.0 | 2.8 | 0.2 | 0.6 | 0.2 | 0.8 |
Upper 5% | 19.4% | 28.1% | 26.5% | 27.8% | 28.6% | 8.7 | 9.2 | -1.7 | 2.2 | 0.8 | 0.5 |
Upper 1% | 7.3% | 14.1% | 12.2% | 13.2% | 13.8% | 6.7 | 6.4 | -1.9 | 1.6 | 0.6 | -0.3 |
99.0th–99.9th | 5.7% | 8.4% | 7.9% | 8.2% | 8.4% | 2.7 | 2.7 | -0.5 | 0.5 | 0.2 | 0.0 |
99.9th–100th | 1.6% | 5.7% | 4.3% | 5.0% | 5.4% | 4.0 | 3.7 | -1.4 | 1.1 | 0.3 | -0.3 |
Source: EPI analysis of Kopczuk, Saez and Song (2007) and Social Security Administration wage statistics.