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FACT OF THE WEEK

 

Fewer than 1 in 100 hourly workers age 55+ earned minimum wage or less in 2015

Among older workers paid by the hour, under 1% (0.7% of 55-64 year olds and 0.6% of those 65 years or more)  earned the minimum wage or less.  (p. 1 and Table 2), “Among employed teenagers (ages 16 to 19) paid by the hour,  about 11% earned the minimum wage or less, compared with about 2% of workers age 25 and older,” according to a 2016 analysis of Current Population Survey data.
       
 
       

Bureau of Labor Statistics. (2016). Characteristics of minimum wage workers, 2015. (BLS Reports No. 1061). Washington DC: Bureau of Labor Statistics. Retrieved from this source.

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