Occupational Wage Declines Since the Great Recession
Averaged across all occupations, real median hourly wages declined by 4.0 percent from 2009 to 2014. As
Figure 1 shows, lower- and mid-wage occupations experienced proportionately greater declines in their real wages than did higher-wage occupations. Between 2009 and 2014, occupations in the bottom three-fifths saw median wage declines of 4.0 percent or greater.