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Federal Reserve Bank San Francisco
Federal Reserve Bank of San Francisco
The statistics on this page offer a closer examination of the annual wage changes of U.S. workers that have not
changed jobs over the year. They include graphs of the fraction of workers receiving a wage change of zero in
several demographic subgroups of the U.S. labor force, as well as a histogram showing all of the reported wage
changes among these workers in the last four quarters. The data for these statistics are drawn from a matched
Current Population Survey dataset (see Daly, Hobijn, Wiles 2011 for details on the matching procedure). The
Current Population Survey is a monthly nationally representative survey conducted by the Bureau of Labor
Statistics. The summary statistics on this page will be updated on a quarterly frequency.
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Type of pay
Educational attainment
Selected industries
Distribution of wage changes
The above chart displays the percentage of workers who saw no change in their wage over the past year. This
statistic is calculated for all workers, for workers paid at an hourly rate, and for non-hourly workers.
Distribution of Nominal Wage Changes
4-Quarter Average 2011Q2 2011Q3 2011Q4 2012Q1 2012Q2
Difference of log wage from one year prior
25th Percentile
-0.036 -0.031 -0.033 -0.032 -0.032
Median
0.013
0.016
0.018
0.018 0.018
75th Percentile
0.100 0.105
0.105
0.105
0.105
Percentage of workers reporting a wage change of zero
16.31
16.69
15.93
15.76
15.93
References
Daly, Mary C., Bart Hobijn, and Brian Lucking. 2012. Why Has Wage Growth Stayed Strong? FRBSF Economic
Letter 2012-11 (April 2).
Daly, Mary C., Bart Hobijn, and Theodore S. Wiles. 2011. Dissecting Aggregate Real Wage Fluctuations:
Individual Wage Growth and the Composition Effect FRBSF Working Paper 2011-23.
Releases
Find out when data are updated through our Twitter page:
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Contact Bart.Hobijn (at) sf.frb.org
@FedFRASER