Source: BLS,BEA, Michael Strain calculation
Have workers gotten a raise? – Brookings
“…it is worth noting that despite these increases, people at the bottom of the income distribution still have relatively low pay. For example, if workers at the top of the first decile of Weekly Earnings work 49 weeks, their annual income would be roughly $24,000, which is just below the poverty threshold for a family of three ($24,860).”