Labor Force Participation Rate: 1948-2012

Post on 04-Feb-2016

21 views 0 download

Tags:

description

Labor Force Participation Rate: 1948-2012. - PowerPoint PPT Presentation

Transcript of Labor Force Participation Rate: 1948-2012

2009 IRS: Size of Adjusted Gross Incomehttp://www.irs.gov/uac/SOI-Tax-Stats---Individual-Statistical-Tables-by-Size-of-

Adjusted-Gross-Income   

All returns 140,494,127 100.0

No adjusted gross income 2,511,925 1.8

$1 under $5,000 10,447,635 7.4

$5,000 under $10,000 12,220,335 8.7

$10,000 under $15,000 12,444,512 8.9

$15,000 under $20,000 11,400,228 8.1

$20,000 under $25,000 10,033,887 7.1

$25,000 under $30,000 8,662,392 6.2

$30,000 under $40,000 14,371,647 10.2

$40,000 under $50,000 10,796,412 7.7

$50,000 under $75,000 18,694,893 13.3

$75,000 under $100,000 11,463,725 8.2

$100,000 under $200,000 13,522,048 9.6

$200,000 under $500,000 3,195,039 2.3

$500,000 under $1,000,000 492,568 0.4

$1,000,000 under $1,500,000 108,096 0.1

$1,500,000 under $2,000,000 44,273 [2]

$2,000,000 under $5,000,000 61,918 [2]

$5,000,000 under $10,000,000 14,322 [2]

$10,000,000 or more 8,274 [2]

IRS 2009: Accumulated from Smallest Size of Adjusted Gross Incomehttp://www.irs.gov/uac/SOI-Tax-Stats---Individual-Statistical-Tables-by-Size-of-

Adjusted-Gross-Income  

No adjusted gross income 2,511,925 1.8

$1 under $5,000 10,447,635 7.4

$1 under $10,000 22,667,970 16.1

$1 under $15,000 35,112,482 25.0

$1 under $20,000 46,512,710 33.1

$1 under $25,000 56,546,596 40.2

$1 under $30,000 65,208,989 46.4

$1 under $40,000 79,580,636 56.6

$1 under $50,000 90,377,048 64.3

$1 under $75,000 109,071,941 77.6

$1 under $100,000 120,535,665 85.8

$1 under $200,000 134,057,713 95.4

$1 under $500,000 137,252,752 97.7

$1 under $1,000,000 137,745,320 98.0

$1 under $1,500,000 137,853,416 98.1

$1 under $2,000,000 137,897,689 98.2

$1 under $5,000,000 137,959,607 98.2

$1 under $10,000,000 137,973,929 98.2

$1 or more 137,982,203 98.2

All returns 140,494,127 100.0

19101920

19301940

19501960

19701980

19902000

20100

10

20

30

40

50

60

70

80

90

100

Top Marginal Income Tax Rate: 1913-2008T

ax

Ra

te (

%)

19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 19 20 20 20 20 20 201,000.0

3,000.0

5,000.0

7,000.0

9,000.0

11,000.0

13,000.0

15,000.0

Real GDP: 1947 - 2012(Billions of Chained 2005 Dollars)

Jan-4

8

Jan-5

2

Jan-5

6

Jan-6

0

Jan-6

4

Jan-6

8

Jan-7

2

Jan-7

6

Jan-8

0

Jan-8

4

Jan-8

8

Jan-9

2

Jan-9

6

Jan-0

0

Jan-0

4

Jan-0

8

Jan-1

20.0

2.0

4.0

6.0

8.0

10.0

12.0

Civilian Unemployment Rate1948 - 2012

Pe

rce

nt

Labor Force Participation Rate: 1948-2012

1930

1933

1936

1939

1942

1945

1948

1951

1954

1957

1960

1963

1966

1969

1972

1975

1978

1981

1984

1987

1990

1993

1996

1999

2002

2005

2008

2011

5

10

15

20

25

30

35

40

Union Membership: Percent of NonAgricultural Workforce 1930-2011

Pe

rce

nt

Non-Government

1930 1940 1950 1960 1970 1980 1990 2000 2010 2020$0

$1

$2

$3

$4

$5

$6

$7

$8

$9

The Minimum Wage 1930-2009(In Real Dollars) 1966 Farm Workers

1966 Nonfarm Workers

1961 Amendments Workers

1938 Act Workers

Min

imu

m W

age

(200

2$)