Occupational Wage Declines Since the Great Recession
by Optimization with an Impact (OpIm)
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.