Figure 1.
Job Growth Across Job-Wage Terciles During Economic Expansions and Recessions
Source: Authors' analysis based on 1983–2017 data from the Current Population Survey (NBER 2019).
Note: Jobs are defined by the cells in a matrix of detailed occupations by economic sectors. Job-wage terciles are defined by jobs ranked by median hourly wage: job cells are rank-ordered on the basis of median hourly wages, and these rank-ordered job-cells grouped into equal population terciles at the beginning of each period. The top (third) tercile thus represents the one-third of the employed labor force in the best-paying types of jobs and the bottom (first) tercile represents the one-third of the employed labor force in the worst-paying types of jobs. The number of categories varied for different periods because of occupation and sector coding changes in the CPS.