Wednesday, June 02, 2021

The Decline in Men's Earnings, 1988—2018

The earnings of men are not what they used to be. According to data collected by the Social Security Administration, here is how the earnings of men aged 20 to 59 have changed in the past 30 years, from 1988 to 2018 (in 2018 dollars)...

Median annual earnings of men in 2018 (and percent change since 1988; in 2018 dollars)
Aged 20 to 29: $25,507 (-5.4%)
Aged 30 to 39: $47,895 (-6.4%)
Aged 40 to 49: $57,779 (-10.5%)
Aged 50 to 59: $57,518 (-7.3%)

Note: Earnings are all wages, salaries, and self-employment income in Social Security covered and non-covered employment including earnings that exceed the annual taxable maximum. 

Source: Social Security Administration, Earnings of Men Aged 20-59, 1988—2018

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