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Table 6 Changes in relative demand, supply, and earnings

From: The evolution of wage inequality within local U.S. labor markets

  1980–1990 1990–2000 2000–2010 2010–2019
Pooled
Demand 8.5 8.4 13.5 \(-\)0.1
Relative wage 17.9 8.2 10.7 0.8
Supply 2.7 5.7 10.0 \(-\)0.4
Men
Demand 8.1 9.8 12.6 \(-\)0.4
Relative wage 18.9 10.2 7.9 5.0
Supply 0.2 5.5 9.3 \(-\)2.5
Women
Demand 5.6 5.2 11.3 0.5
Relative wage 16.5 5.5 14.4 \(-\)4.4
Supply 1.9 4.0 8.1 1.5
  1. Tabulated numbers are changes in the (composition-adjusted) mean log wage for each group, using data on full-time, full-year workers ages 18 to 18 covering 1980 to 2019. These data are sorted into sex-education-experience groups of two sexes, four education categories (high school dropout, high school graduate, some college, college graduate, and post-college), and eight potential experience year groups (0–5, 5–10, 10–15, 15–20, 20–25, 25–30, 30–35, and 35–40 all measured in potential years of experience). Log hourly wages of full-time, full-year workers are regressed in each year separately by sex on dummy variables for four education categories, a quadratic in experience, three region dummies, black and other race dummies, and interactions of the experience quadratic with three broad education categories (high school graduate, some college, and college plus)