Nominal Wage Growth Over Time

Here are quarterly data on “usual weekly earnings” in current dollars from the Bureau of Labor Statistics. The first graph shows the first (lowest) decile of wage earners. The second shows the ninth (why not the tenth? BLS does not make that an option). These data should be relevant to the debate over whether most unemployment we’re seeing in the U.S. is structural or cyclical.

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2 thoughts on “Nominal Wage Growth Over Time

  1. So the case is that there is a skills mismatch among lower paid workers? A roughly $15 a week jump constitutes proof of a mismatch?

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