SWA2014-Wages | Table 4.1 | Average wages and work hours, 1967–2010 (2011 dollars)

Productivity
per hour
(2005=100)		 Real wage levels Hours worked
Annual wages Weekly wages Hourly wages Annual hours Weeks/ year Hours/ week
1967 52.3 $29,555 $678.58 $17.24 1,716 43.5 39.3
1973 60.2 34,378 791.40 20.50 1,679 43.4 38.6
1979 64.2 34,632 789.79 20.34 1,703 43.8 38.8
1989 73.1 37,685 830.34 21.13 1,783 45.4 39.3
1995 78.8 38,768 843.83 21.22 1,827 45.9 39.8
2000 88.5 43,616 929.04 23.24 1,876 46.9 40.0
2007 102.0 43,615 920.91 23.16 1,883 47.4 39.8
2010 108.2 43,194 928.18 23.79 1,815 46.5 39.0
Annual growth rate*
1967–1973 2.4% 2.5% 2.6% 2.9% -0.4% 0.0% -0.3%
1973–1979 1.1 0.1 0.0 -0.1 0.2 0.2 0.1
1979–1989 1.3 0.8 0.5 0.4 0.5 0.3 0.1
1989–2000 1.7 1.3 1.0 0.9 0.5 0.3 0.2
1989–1995 1.3 0.5 0.3 0.1 0.4 0.2 0.2
1995–2000 2.3 2.4 1.9 1.8 0.5 0.4 0.1
2000–2007 2.0 0.0 -0.1 -0.1 0.1 0.1 -0.1
2007–2010 2.0 -0.3 0.3 0.9 -1.2 -0.6 -0.6

* Log growth rate

Source: Authors' analysis of unpublished Total Economy Productivity data from the Bureau of Labor Statistics Labor Productivity and Costs program, Current Population Survey Annual Social and Economic Supplement microdata, and Murphy and Welch (1989)

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