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The Wage Mobility of Low-Wage Workers in a Changing Economy, 1968 to 2014
Size of U.S. Low-Wage Labor Market, 1967–2015
Source: Author's calculations based on the PSID (2018) and CPS (Flood et al. 2018).
Note: The median low-wage threshold refers to two-thirds of the median wage for full-time workers. The mean threshold is two-thirds of the mean wage for all workers.