High-Skilled and Low-Skilled Workers see Fastest Wage Increase
Created on July 20, 2015
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Notes: Figures are calculated using 1980, 1990, and 2000 Census IPUMS files; American Community Survey combined file 2006–2008; and American Community Survey 2012. This sample includes the working-age (16–64) civilian non-institutionalized population with 48 or more annual weeks worked and 35 or more usual weekly hours. Weekly wages are calculated as annual earnings divided by weeks worked. Source: David H. Autor, “Polanyi’s Paradox and the Shape of Employment Growth,” paper presented at the Federal Reserve Bank of Kansas City symposium “Re-Evaluating Labor Market Dynamics,” August 21–23, 2014, Jackson Hole, WY, p. 21, Figure 5, http://economics.mit.edu/files/9835 (accessed April 20, 2015).
CHART 4 • BG 3016
Tags: Technology, Job-Growth, Economics