InequalityData

InequalityData - "#$%&'( )#%*#+ ,+*...

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Unformatted text preview: "#$%&'( )#%*#+ ,+* -'./0,&1'%2 34452 67#+8%#9'%:;': ,<#$8 8=' >;:' #? @A'%;&,+ B+C$,D;8E( @ "$%9'E2F G0H> I#%1;+J K,L'% MNO53P Productivity and median compensation by education, 1995-2007 Source: Authors analysis of BEA (2008), BLS and CPS ORG data. Figure 3A from: Mishel, Lawrence, Jared Bernstein, and Heidi Shierholz, The State of Working America 2008/2009. An Economic Policy Institute Book. Ithaca, N.Y.: ILR Press, an imprint of Cornell University Press, 2009. I n d e x ( 1 9 9 5 = 1 ) 90 100 110 120 130 140 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 Productivity Median college compensation Median high school compensation Growth of average hourly wages, bene ts, and compensation, 1948-2007 (2007 dollars) * Includes payroll taxes, health, pension, and other non-wage benefits. ** Deflated by personal consumption expenditures (PCE) index for all items, except health, which is deflated by PCE medical index. Source: Authors analysis of BLS (2008d) and BEA (2008) data. Table 3.3 from: Mishel, Lawrence, Jared Bernstein, and Heidi Shierholz, The State of Working America 2008/2009. An Economic Policy Institute Book. Ithaca, N.Y.: ILR Press, an imprint of Cornell University Press, 2009. Year (1st quarter) Wages and salaries Bene ts* Total compensation Bene t share of compensation Hourly pay (NIPA)** 1948 $9.69 $0.53 $10.21 5.1% 1989 20.14 4.61 24.75 18.6 Annual percent change 1948-73 2.6% 7.3% 3.0% 1973-79 0.2 5.2 1.0 1979-89 0.8 1.0 0.8 Hourly pay (ECEC)** 1987 $19.36 $4.76 $24.12 19.7% 1989 18.99 4.76 23.75 20.0 1995 18.58 4.66 23.24 20.0 2000 19.67 4.31 23.99 18.0 2007 20.88 5.04 25.92 19.4 Annual percent change 1989-2000 0.3%-0.9% 0.1% 1989-95-0.4-0.4-0.4 1995-2000 1.2-1.5 0.6 2000-07 0.9 2.3 1.1 2002-07 0.4 2.3 0.7 Wage by percentile* Year 10 20 30 40 50 60 70 80 90 95 Real hourly wage 1973 $8.58 $11.02 $12.99 $14.89 $16.88 $19.13 $21.06 $24.23 $30.86 $37.20 1979 8.66 11.01 13.24 15.41 17.63 20.03 22.46 26.09 31.76 38.09 1989 7.69 9.63 11.83 14.00 16.30 19.18 22.18 26.00 32.57 40.43 1995 7.42 9.37 11.14 13.39 15.70 18.35 21.56 25.78 33.61 42.03 2000 8.26 10.13 12.11 14.35 16.78 19.52 22.98 27.88 37.15 46.51 2007 8.18 10.06 12.10 14.40 16.85 19.79 23.62 29.05 38.65 50.05 Percent change 1973-79 0.8%-0.1% 1.9% 3.5% 4.5% 4.7% 6.7% 7.7% 2.9% 2.4% 1979-89-11.1-12.5-10.7-9.1-7.6-4.2-1.2-0.4 2.5 6.1 1989-2000 7.4 5.2 2.4 2.5 3.0 1.8 3.6 7.3 14.1 15.0 1989-95-3.6-2.8-5.8-4.4-3.7-4.4-2.8-0.8 3.2 4.0 1995-2000 11.5 8.2 8.7 7.2 6.9 6.4 6.6 8.2 10.5 10.7 2000-07-1.0-0.7 0.0 0.3 0.4 1.4 2.8 4.2 4.0 7.6 1979-2007-5.5-8.6-8.6-6.6-4.4-1.2 5.1 11.4 21.7 31.4 Wages for male workers by wage percentile, 1973-2007 (2007 dollars) * The Xth percentile wage is the wage at which X% of the wage earners earn less and (100-X)% earn more....
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This note was uploaded on 02/21/2010 for the course ECON 330 taught by Professor Iorio during the Spring '10 term at USC.

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InequalityData - "#$%&'( )#%*#+ ,+*...

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