In general, wages have stagnated, or declined, for young graduates since 2000.
As the Economic Policy Institute (EPI) reports in a new study, "wages have grown in recent years, but not fast enough to make up for all the losses experienced since the Great Recession."
Scroll over the chart to see how the average hourly wages for high school and college grads have changed over the past three decades.
| CEO annual compensation (in thousands) | | Worker annual compensation (in thousands) | | Stock market (adjusted to 2016) | | CEO-to-worker compensation ratio | |
---|---|---|---|---|---|---|---|---|
Based on options realized | Based on options granted | Private-sector production/nonsupervisory workers | Firms industry | S&P 500 | Dow Jones | Based on options realized | Based on options granted | |
1965 | $843 | $800 | $40.00 | n/a | 587 | 6,066 | 20.2 | 18.4 |
1973 | $1,102 | $1,046 | $46.90 | n/a | 519 | 4,464 | 22.5 | 20.5 |
1978 | $1,508 | $1,431 | $48.00 | n/a | 325 | 2,774 | 30.1 | 27.4 |
1989 | $2,808 | $2,664 | $45.60 | n/a | 604 | 4,694 | 58.9 | 53.7 |
1995 | $5,947 | $6,595 | $45.70 | $53.10 | 848 | 7,042 | 122.6 | 136.8 |
2000 | $20,664 | $21,313 | $48.30 | $56.00 | 1,989 | 14,947 | 376.1 | 411.3 |
2007 | $19,112 | $13,282 | $50.20 | $56.00 | 1,710 | 15,255 | 347.5 | 240.8 |
2009 | $10,746 | $10,341 | $52.20 | $58.20 | 1,061 | 9,941 | 196.6 | 183.9 |
2010 | $12,827 | $11,677 | $52.40 | $59.00 | 1,255 | 11,744 | 230.3 | 206.3 |
2011 | $12,958 | $11,997 | $51.80 | $58.70 | 1,353 | 12,760 | 232.7 | 213.2 |
2012 | $15,261 | $11,587 | $51.40 | $58.30 | 1,442 | 13,554 | 281.5 | 209.8 |
2013 | $15,603 | $11,986 | $51.70 | $58.50 | 1,694 | 15,465 | 291.8 | 214.5 |
2014 | $16,569 | $12,469 | $51.90 | $58.80 | 1,958 | 17,011 | 298.7 | 224.5 |
2015 | $16,341 | $12,496 | $52.70 | $59.70 | 2,087 | 17,810 | 286.1 | 219.7 |
2015 (June 2016) | $15,699 | $12,173 | $52.90 | $59.20 | 2,087 | 17,810 | 275.4 | 215.4 |
2016 (June 2017) | $15,021 | $12,636 | $53.30 | $60.80 | 2,095 | 17,927 | 259.8 | 218 |
2016(projection) | $15,636 | $12,970 | $53.30 | $60.80 | 2,095 | 17,927 | 270.5 | 223.8 |
Percent change | Change in ratio | |||||||
1965-1978 | 78.90% | 78.90% | 19.90% | n/a | -44.70% | -54.30% | 9.9 | 9 |
1978-2000 | 1270.10% | 1389.50% | 0.60% | n/a | 512.70% | 438.80% | 346 | 383.9 |
2000-2016 | -24.30% | -39.10% | 10.50% | 8.50% | 5.30% | 19.90% | -105.6 | -187.5 |
2009-2016 | 45.50% | 25.40% | 2.20% | 4.50% | 97.50% | 80.30% | 73.9 | 39.9 |
1978-2016 | 936.70% | 806.50% | 11.20% | n/a | 545.20% | 546.30% | 240.4 | 196.4 |
Source: Source: http://www.epi.org
High school grads earn an average hourly wage of $10.89, which translates to an annual income of $22,700 for a full-time, full-year worker.
College grads make about double that: $19.18 an hour, or $39,000 a year.
"On average, wages of young female graduates remain far less than those of young male graduates, regardless of educational attainment," the EPI reports. "Among young high school graduates, women are currently paid 90 cents for every dollar paid to men, while among young college graduates, women are paid 86 cents for every dollar paid to men."
Here's the full breakdown: