Federal Reserve Economic Data

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

Title Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: College Graduates: Bachelor's Degree and Higher
Series ID BDAHC8
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 9.4
2003-01-01 9.0
2004-01-01 7.3
2005-01-01 7.8
2006-01-01 8.8
2007-01-01 9.7
2008-01-01 9.2
2009-01-01 10.1
2010-01-01 10.1
2011-01-01 10.1
2012-01-01 11.3
2013-01-01 10.5
2014-01-01 12.4
2015-01-01 14
2016-01-01 14.8
2017-01-01 12.8
2018-01-01 16.6
2019-01-01 15.5
2020-01-01 17.9
2021-01-01 16.6
2022-01-01 16.2
2023-01-01 20.5

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