Perspectives on Labour and Income
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January 2009 issue
Age and earnings
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Abstract: Traditional age-earnings profiles, based on cross-sectional data, typically follow an inverted U-shaped pattern with annual earnings peaking around middle age. With longitudinal data on hourly earnings, the picture changes considerably.
Minimum wage
Abstract: Most minimum-wage workers are women and young. The incidence of working for minimum wage declines sharply with age before rising slightly among those 55 and older. The latter could reflect some of the low-wage occupations in which a number of working seniors tend to be concentrated. This fact-sheet also contains information on other characteristics of minimum-wage workers.
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