Youth Indicators 1996 / Indicator 20, Chart 1
SOURCE: U.S. Department of Commerce, Bureau of the Census, Current Population Reports, Series P-60, Money In come of Households, Families, and Persons in the United States, various years and unpublished data; and Money In come and Poverty Status in the United States, 1989.
The median income for full-time workers 20 to 24 years old dropped between 1970 and 1994 (after adjustment for inflation). In contrast to the 36 percent income decline among young males, the median income for all men fell 10 percent during the 1970 to 1994 period, and the income for all women rose by 12 percent. During this period of decline, the income of women 20 to 24 years old fell at a slower rate than that of men, so that the gap between young men's and women's incomes narrowed to 5 percent in 1994. The gap between all men's and women's incomes remained much larger than that for younger age groups, with all men's salaries averaging 36 percent higher than those for women in 1994.
