|
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
|
- 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)