3 out of 4 workers paid less than $19.69 do not have employer-sponsored retirement savings plans

Bars show the share of workers paid low wages (compared to all workers) who are included in or reported interest income from an employer-sponsored retirement plan.

The bar chart compares the share of low-wage workers (compared to all workers) with employer-sponsored retirement plans.The x-axis shows two categories: low-wage workers and all workers. The y-axis shows the percentage of workers with employer-sponsored retirement plans. A much smaller percentage of low-wage workers (22.2%) have employer-sponsored retirement plans compared to all workers (48.7%).
In 2022, the value of the low-wage threshold is $19.69.The sample includes workers who live in California, were employed last week but not self-employed, ages 16+, and with non-zero earnings last week.
Chart: UC Berkeley Labor CenterSource: IPUMS Current Population Survey - Annual Social and Economic Supplement 2022 • Get the dataEmbed Download imageDownload PDFDownload SVGCreated with Datawrapper