Federal Reserve Economic Data

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

Title Wage and Salary Workers Paid Below Prevailing Federal Minimum Wage: 16 Years and Over: Master's Degree
Series ID MADEC8
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 0.8
2003-01-01 1.0
2004-01-01 0.3
2005-01-01 0.8
2006-01-01 0.6
2007-01-01 0.8
2008-01-01 0.9
2009-01-01 1.2
2010-01-01 0.8
2011-01-01 0.8
2012-01-01 1.2
2013-01-01 0.9
2014-01-01 1.6
2015-01-01 1.7
2016-01-01 1.3
2017-01-01 1.9
2018-01-01 2.1
2019-01-01 2.5
2020-01-01 3.2
2021-01-01 2.0
2022-01-01 1.6
2023-01-01 1.8

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