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Wage and Salary Workers Paid at or Below Prevailing Federal Minimum Wage: 16 Years and Over: Master's Degree (MADEC6)

Observations

2023: 2.0
Updated: May 28, 2024 5:31 PM CDT
2023:  2.0  
2022:  1.6  
2021:  1.8  
2020:  2.5  
2019:  2.0  

Units:

Percent of Total Paid At or Below Minimum Wage,
Not Seasonally Adjusted

Frequency:

Annual

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Notes

Title Release Dates
Wage and Salary Workers Paid at or Below Prevailing Federal Minimum Wage: 16 Years and Over: Master's Degree 2016-04-22 2024-05-28
 
Source    
U.S. Bureau of Labor Statistics 2016-04-22 2024-05-28
 
Release    
Characteristics of Minimum Wage Workers 2016-04-22 2024-05-28
 
Units    
Percent of Total Paid At or Below Minimum Wage 2016-04-22 2024-05-28
 
Frequency    
Annual 2016-04-22 2024-05-28
 
Seasonal Adjustment    
Not Seasonally Adjusted 2016-04-22 2024-05-28
 
Notes    
Wage and salary workers are workers age 16 and older who receive wages, salaries, commissions, tips, payments in kind, or piece rates on their sole or principal job. This group includes employees in both the private and public sectors.
Workers paid by the hour are employed wage and salary workers who report that they are paid at an hourly rate on their job. Estimates of workers paid by the hour include both full-time and part-time workers unless otherwise specified. All self-employed workers are excluded whether or not their businesses are incorporated.

The estimates of workers paid at or below the federal minimum wage are based solely on the hourly wage they report (which does not include overtime pay, tips, or commissions). Salaried workers and other nonhourly paid workers are also excluded. It should be noted that some respondents might round hourly earnings when answering survey questions. As a result, some workers might be reported as having hourly earnings above or below the federal minimum wage when, in fact, they earn the minimum wage.
For more information see https://www.bls.gov/cps/earnings.htm#minwage

2016-04-22 2024-05-28

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Percent of Total Paid Hourly Rate, Annual, Not Seasonally Adjusted Thousands of Persons, Annual, Not Seasonally Adjusted

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Master's Degree Paid Minimum Wage Post-secondary Schooling Salaries Workers 16 Years + Education Federal Wages Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America