Statistical Analysis of the Influence of Sino-U.S. Minimum Wages on Employment

Table 12

Low income and adjustment conditions in the U.S. from 2000 to 2016.

Year	Low income (dollar/month)	Low income growth rate (%)	GDP growth rate per capita (%)	Average wage growth rate (%)	Ratio of low income to GDP per capita (%)	Ratio of low income to the average wage (%)
2001	5.15	—	—	—	28.7	31.5
2002	5.15	0	2.40	4.59	28.1	30.1
2003	5.15	0	3.81	1.81	27.0	29.6
2004	5.15	0	5.35	2.24	25.6	28.9
2005	5.15	0	5.39	2.30	24.2	28.3
2006	5.15	0	4.59	3.46	23.1	27.3
2007	5.85	13.6	3.38	3.82	25.3	29.9
2008	6.55	12.0	0.70	3.89	28.1	32.2
2009	7.25	10.6	-2.98	2.85	32.1	34.7
2010	7.25	0	2.84	2.15	31.2	34.0
2011	7.25	0	2.83	1.83	30.3	33.3
2012	7.25	0	3.21	1.24	29.3	32.9
2013	7.25	0	2.50	1.45	28.6	32.5
2014	7.25	0	3.28	1.70	27.6	31.9
2015	7.25	0	2.81	2.29	26.9	31.2
2016	7.25	0	2.30	2.71	26.3	30.4
Mean value	—	2.40	2.80	2.60	27.7	31.2