Federal Reserve Economic Data

Table Data - Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Bachelor's Degree

Title Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Bachelor's Degree
Series ID BADEC8
Source U.S. Bureau of Labor Statistics
Release Characteristics of Minimum Wage Workers (Not a Press Release)
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Percent of Total Paid Below Minimum Wage
Date Range 2002-01-01 to 2023-01-01
Last Updated 2024-05-28 5:31 PM CDT
Notes
DATE VALUE
2002-01-01 8.4
2003-01-01 7.8
2004-01-01 6.7
2005-01-01 6.8
2006-01-01 8.0
2007-01-01 8.7
2008-01-01 7.9
2009-01-01 8.6
2010-01-01 9.1
2011-01-01 9.0
2012-01-01 9.6
2013-01-01 9.3
2014-01-01 10.4
2015-01-01 11.4
2016-01-01 13.2
2017-01-01 10.3
2018-01-01 14.0
2019-01-01 12.5
2020-01-01 13.3
2021-01-01 14.1
2022-01-01 13.8
2023-01-01 17.9

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