Income Before Taxes: Wages and Salaries by Education: High School Graduate
CXU900000LB1304M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,368.00
Year-over-Year Change
23.19%
Date Range
1/1/1995 - 1/1/2012
Summary
This economic trend measures the average income before taxes for U.S. workers with a high school degree. It is an important indicator of the economic status and purchasing power of a key segment of the labor force.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Income Before Taxes: Wages and Salaries by Education: High School Graduate series tracks the mean annual income, including wages and salaries, for employed persons in the United States who have completed high school but have no further educational attainment. This data provides insight into the financial well-being and economic trends within this educational cohort.
Methodology
The data is collected through the U.S. Census Bureau's Current Population Survey.
Historical Context
This metric is widely used by economists, policymakers, and labor market analysts to evaluate employment trends and assess the economic factors affecting high school graduates.
Key Facts
- The average income for high school graduates was $47,299 in 2021.
- Income for this group has increased by 20% over the past decade.
- High school graduates make up over 25% of the U.S. labor force.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average annual income, including wages and salaries, for employed persons in the United States who have completed high school but have no further educational attainment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the economic status and purchasing power of a key segment of the U.S. labor force, which is widely used by economists, policymakers, and labor market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to evaluate employment trends and assess the economic factors affecting high school graduates, which can inform decisions on education, workforce development, and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Income Before Taxes: Wages and Salaries by Education: High School Graduate (CXU900000LB1304M), retrieved from FRED.