Average wages and work hours, 1967–2010 (2011 dollars)
| Productivity per hour (2005=100) | Real wage levels | |
|---|---|---|
| Hourly wages | ||
| 1967 | 52.3 | $17.24 |
| 1973 | 60.2 | 20.50 |
| 1979 | 64.2 | 20.34 |
What was the average hourly wage in 1972?
Annual inflation over this period was 3.84%. In the year 1972, the United States minimum wage was $1.60. This is equivalent to $10.14 in 2021 dollars.
How much did teachers make in 1973?
| School year | Current dollars | Average public school teachers’ salary in constant 2007-08 dollars2 |
|---|---|---|
| Average public school teachers’ salary | ||
| 1972-73 | 10,174 | 50,314 |
| 1973-74 | 10,770 | 48,901 |
| 1974-75 | 11,641 | 47,583 |
What was the hourly wage in 1967?
$1.40
Minimum hourly wage of workers in jobs first covered by
| Effective Date | 1938 Act 1 | 1961 Amendments 2 |
|---|---|---|
| Sep 3, 1964 | $1.15 | |
| Sep 3, 1965 | $1.25 | |
| Feb 1, 1967 | $1.40 | $1.40 |
| Feb 1, 1968 | $1.60 | $1.60 |
How much does a car mechanic make per month?
The average salary for a Car Mechanic is £32,400 gross per year (£2,150 net per month), which is £2,800 (+9%) higher than the UK’s national average salary. A Car Mechanic can expect an average starting salary of £13,400. The highest salaries can exceed £45,000.
What was the average wage for Auto Workers in 1947?
John Barnard in “American Vanguard”: The real wages and living standards of auto workers rose dramatically. Measured in constant dollars, the 1947 average weekly wage in the industry of $56.51 had doubled by 1960 to $115.21, and tripled by 1970 to $170.07.
What was the average wage for a Ford worker in 1955?
Consider the case of a Ford worker in the Rouge plant earning $100 a week, wrote one – the average weekly wage in 1955 being actually $106.68. His take-home pay after taxes, if he had a wife and four other dependents, was $87.02.
What was the starting wage for a factory worker in 1957?
In 1957, I was paid $1.75 per hour as an entry level “General Factory Worker” in a union shop for a supplier. The UAW contracts at the suppliers were pitched a little less than the Big 3 wage patterns, so their starting wage may have been $2 in 1957 (plus benefits as well) .
