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ps2_answers - 1 Real Weekly Earnings of All US...

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Unformatted text preview: 1 Real Weekly Earnings of All US Workers (converted to 2001 dollars) Year 10th 25th Median 75th 90th Percentile Percentile (50th Percentile) Percentile Percentile 2001 $305 $423 $630 $942 $1389 2008 $303.53 $420.33 $625.98 $959.94 $1446.08 Percentage Change-0.48%-0.63%-0.64% 1.90% 4.11% Real Weekly Earnings of US Workers with a Bachelor’s Degree (converted to 2001 dollars) Year 10th 25th Median 75th 90th Percentile Percentile (50th Percentile) Percentile Percentile 2001 $435 $609 $858 $1,256 $1,767 2008 $419.51 $584.02 $832.44 $1253.60 $1737.27 Percentage Change-3.56%-4.10%-2.98%-0.19%-1.68% Among all US workers, real wages declined or were roughly stagnant for workers earning the median wage or below. Real wages rose for the top 25% and top 10% of earners. Among workers with only a bachelor’s degree, real wages fell across the spectrum, and workers with lower wages lost more in real terms than the higher wage earners lost....
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ps2_answers - 1 Real Weekly Earnings of All US...

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