Press Releases | Wages, Incomes, and Wealth

News from EPI New college grads losing ground on wages

For Immediate Release: Wednesday, August 31, 2011
Contact: Phoebe Silag or Karen Conner, 202-775-8810

New college grads losing ground on wages

Since 2000, America’s young college graduates have seen wages, adjusted for inflation, deteriorate.  Today’s Snapshot tracks the average inflation-adjusted hourly wage for young college graduates with no advanced degree from 1979 to 2010.  Now, with unemployment expected to remain above 8% well into 2014, it will likely be many years before young college graduates — or any workers — see substantial wage growth.