Is the Tide Lifting All Boats? A Closer Look at the Earnings Growth Experiences of U.S. Workers

1.0Liberty Street Economicshttps://libertystreeteconomics.newyorkfed.orgblog authorhttps://libertystreeteconomics.newyorkfed.org/author/blog-author/Is the Tide Lifting All Boats? A Closer Look at the Earnings Growth Experiences of U.S. Workers - Liberty Street Economicsrich600338<blockquote class="wp-embedded-content" data-secret="HZOnuNcFxw"><a href="https://libertystreeteconomics.newyorkfed.org/2020/03/is-the-tide-lifting-all-boats-a-closer-look-at-the-earnings-growth-experiences-of-us-workers/">Is the Tide Lifting All Boats? A Closer Look at the Earnings Growth Experiences of U.S. Workers</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://libertystreeteconomics.newyorkfed.org/2020/03/is-the-tide-lifting-all-boats-a-closer-look-at-the-earnings-growth-experiences-of-us-workers/embed/#?secret=HZOnuNcFxw" width="600" height="338" title="“Is the Tide Lifting All Boats? A Closer Look at the Earnings Growth Experiences of U.S. Workers” — Liberty Street Economics" data-secret="HZOnuNcFxw" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> https://libertystreeteconomics.newyorkfed.org/wp-content/uploads/sites/2/2020/03/6a01348793456c970c0240a4ec7abe200d-500wi.jpg500313Although there is evidence that U.S. workers at the bottom of the earnings distribution may be catching up with those at the top, there are indications that returns to higher education may be increasing, with earnings growth for college graduates outpacing those with less education.