what was the average hourly wage in 1973?

Today that worker makes $26.40 per hour. Source: Immigration: report from the Immigration Agent upon immigration; 1851 (pg 5). Some of the files may require a plug-in or additional software to view. Data Control Skill Banking Operations Clerk III Income Estimation: $37,619 Shows earnings and hours of labor by industry and by city or metro area. Way back in 1938, after decades of campaigning by labor rights activists, Congress passed the Fair Labor Standards Act and created the minimum wage rate for work in the United States. En unik milj som uppmuntrar deltagande och lrande bland alla idrottsliga erfarenhetsniver. Shows average value for farm land and buildings from 1850-1982. Shows U.S. average retail price of a six pack of beer, whiskey, bourbon and wine. The 1975 Handbook on Women Workers includes an entire chapter (p.123-179) with statistics and analysis on women's income and earnings for the early 1970s. History of wages in Australia var prefix = 'ma' + 'il' + 'to'; Aggregate household money income in constant 1974 dollars was down 3 percent in 1974 compared with 1973. Brush up on your geography and finally learn what countries are in Eastern Europe with our maps. Further breaks out earnings data by the number of weeks worked in 1979. See p. 193 of this. In 1966 the single pension was $676 per annum. salary.com Past census reports contain some terms that todays readers may consider obsolete and inappropriate. This report presents statistics on household money income and selected social and economic characteristics of households for the United States in 1973. Source: U.S. GAO. MLB Shows average wages for carpenters, bricklayers, bulldozer operators, back-hoe operators, truck drivers, cement masons, electricians, pipe fitters, plumbers, roofers, sheet metal workers, etc. By law, all covered workers who attain age 62 in 2006 must be treated the same with respect to wage indexation so the 2004 figure for national average wage must be used for the entire 2006 year. The inflation-adjusted salary of the median female worker increased 30% in the 41 years between, going from $30,182 to $39,621, according to the Census Bureau's annual report on income. A recent Pew Research Center report, based on an analysis of household income data from the Census Bureau, found that in 2016 Americans in the top tenth of the income distribution earned 8.7 times as much as Americans in the bottom tenth ($109,578 versus $12,523). Cigarettes averaged47.9per pack (including tax)in 1975. Other years are available. That's about $2,900 less then he would have earned in 1973. Salary information comes from 1 data point collected Learn about one of the world's oldest and most popular religions. Source: U.S. Navy. Primary Insurance Amount#1978 New Start Method, "RS 00605.021 Computation of the PIA Under the 1978 NS Method", "Social Security Program Operations Manual System", Official website of the United States Social Security Administration, https://en.wikipedia.org/w/index.php?title=Average_Indexed_Monthly_Earnings&oldid=1144749477, Creative Commons Attribution-ShareAlike License 3.0. (i2) - The rate is 5.08/hour for those employees not covered by the Fair Labor Standards Act. Click the checkbox next to the jobs that you are interested in. [1] This series gross up earlier years wages so that all years earnings up to age 60 are put on equal footing. Salaries of employees in state health departments, reported by state,pp. This article investigates the earnings of college-educated black men and women in 1979 and 1989. As part of our goal to be open and transparent with the public, we are improving access to all Census Bureau original publications and statistics, which serveas a guide to the nation's history. Homes had a median value of $17,000 in 1970. Source: U.S. Dept. WebNeverthe- less, the most obvious are cited when comparing widely different levels of earnings. However, this increase was eroded by rising prices which resulted in a net loss in real purchasing power. These, Lists typical prices to use coin operated washers and dryers (. Consists of a collection of determinations of various wages boards and other industrial tribunals. Salary Our surveys provide periodic and comprehensive statistics about the nation. Tells average hourly wages for employees working attelephone companies and for Western Union. Annual data for 1968-1998 plus narrative information on historical gold prices back to the 1700s. Meanwhile, wage gains have gone largely to the highest earners. Retail prices for gasoline, kerosene and fuel oil by country. Cost for a tune up, battery, new tire, lube, front end suspension, etc. document.getElementById('cloak239d917be91cb3a8186ba39dfd1359b3').innerHTML = ''; Reports nationwide figures by race and sex of employee. Other years are available. this link is to an external site that may or may not meet accessibility guidelines. Wage data by occupation such asaccountants, clerical staff, salespeople, telephone operators, construction/installers, repairmen, and more. A .gov website belongs to an official government organization in the United States. This report presents detailed social and economic statistics for the population of the United States below the low-income level in 1966 to 1972. Shows typical student jobssuch as cashier, tutor, gardener, etc, along with. wage determinations engineers. 1973. A $5.45 minimum rate remained in effect for the laundry and dry cleaning industry as the result of the grandfather clause. The value of the minimum wage today is about 40% lower than its peak in 1968. In fact, in real terms average hourly earnings peaked more than 45 years ago: The $4.03-an-hour rate recorded in January 1973 had the same purchasing power Source: U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplements. (+1) 202-419-4372 | Media Inquiries. Selected monthly wages and comparisons with U.S. prices are also listed. Aggregate family income increased by 9.2 percent between 1972 and 1973, stemming from a 1.3 percent increase in the number of families (680 thousand net additional families) and a 7.9 percent increase in mean income per family. Government Documents Department, Ellis Library Farm real estate - Average value by state and county, 1974 and 1978, Farm real estate values in Midwestern states, 1912-2019, Home maintenance costs in 56 cities and U.S. average, 1971, Building material prices paid by farmers, 1975, New car loans - Average amount financed, 1971-2011, Motor supply prices paid by farmers, 1975, Air travel - Average fare per passenger mile on domestic flights, 1972-1981, Hospitalization, cost per day - 1970 to 1976, Hospitals - Average cost per patient day by state, 1972-1977, Average physicians' fees for selected surgical procedures, 1976, Cost to treat selected medical conditions, 1964 and 1971, Medical service fees for a North Carolina practice, 1977, Prices for prescription drugs (retail and wholesale), 1971-1972, Consumer Price Index (CPI) Inflation Calculator, Calculator: Present-day worth of a past amount of money, Consumer price index for gasoline, 1970-1979, Consumer price index for housing, 1970-1979, Consumer price index for medical care, 1970-1979, Consumer price index for energy, 1970-1979, Consumer price index for new vehicles, 1970-1979, Cost to raise a foster child by US region, 1970, Expenditures of urban and rural consumers, 1972-73, Prices and purchasing power in the Soviet Union, 1970. equal opportunity/access/affirmative action/pro-disabled and veteran employer. Source:Industry Wage Surveys in the U.S. Bureau of Labor Statistics Bulletin series. Research Guides: What it used to cost: What people used to earn The book Decades of change includes detailed figures on wages, groceries and real estate as well as many other areas, organized by the decades of the twentieth century (1900-1988). bySTATE salary.com This data is critical for government programs, policies, and decision-making. Includes average cash earnings, value of government benefits, per capita real income, and more. Source: the Historian of the U.S. HEALTH & MEDICINE Source: Washington State Planning and Community Affairs report (see title page). Six states increase their minimum wages automatically based on the cost of living (Alaska, Minnesota, Montana, Ohio, South Dakota, and Vermont). Some content on this site is available in several different electronic formats. Browse our collection of stories and more. WebAWI series and underlying data, 1973-84 [Number of workers in thousands; aggregate wage amounts in millions] Year AWI series 1 SSA raw data 2 IRS raw data from income tax returns; Amount Increase Average amount Number of workers Aggregate wages Average amount Number of workers Aggregate wages; 1973: 6.26%: 70,555: $133,705 Due to the nature of federal legislation (as derived from the supremacy clause of the Constitution), these states still have to abide the federal wage. 1. Since 2000, usual weekly wages have risen 3% (in real terms) among workers in the lowest tenth of the earnings distribution and 4.3% among the lowest quarter. It is a subsidiary of The Pew Charitable Trusts. Source: AllEars.net. Source:Bureau of Labor Statistics, Marie Concannon, Government Information Librarian U.S. unemployment is as low as its been in nearly two decades (3.9% as of July) and the nations private-sector employers have been adding jobs for 101 straight months 19.5 million since the Great Recession-related cuts finally abated in early 2010, and 1.5 million just since the beginning of the year. View the job description, responsibilities and qualifications for this position. 120-126. Data is reported for 22 major cities in the United States. Source: Includesasbestos workers, bricklayers, carpenters, electricians, painters, plasterers, plumbers, roofers, sheet metal workers, stonemasons, tile layers, and many more building occupations. The value of the dollar The last increase to the minimum wage was in 2009, when it was set at the current rate. In short, workers, on average, have not seen their pay keep up with productivity. .usa-footer .grid-container {padding-left: 30px!important;}
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