The Wage Gains Are Captured at the Top
Annualized Real Earnings by Income Decile, Shown with Curved Lines
Weekly Pay Annualized, Adjusted to 2024 Dollars Using CPI-U
Data From 1982 to 2024
Income Distribution by Decile
Lowest Income
Highest Income
Source: Economic Policy Institute; Federal Reserve Bank of Minneapolis
Note: Earnings derived from Current Population Survey Basic Monthly Extracts.
Inflation adjustment uses Consumer Price Index for All Urban Consumers (CPI-U), base year 2024.
Grey bars indicate NBER recession periods.
Visualized by Mark G. Sheppard