Table 4.3
Hourly and weekly earnings of private production and nonsupervisory workers, 1947–2011 (2011 dollars)
| Real average earnings | ||
|---|---|---|
| Hourly | Weekly | |
| 1947 | $10.67 | $428.98 |
| 1967 | 16.79 | 636.48 |
| 1973 | 18.74 | 690.63 |
| 1979 | 18.31 | 651.82 |
| 1989 | 17.17 | 592.72 |
| 1995 | 17.08 | 586.44 |
| 2000 | 18.32 | 628.57 |
| 2007 | 18.91 | 640.23 |
| 2011 | 19.47 | 654.87 |
| Annual percent change | ||
| 1947–1967 | 2.3% | 2.0% |
| 1967–1973 | 1.9 | 1.4 |
| 1973–1979 | -0.4 | -1.0 |
| 1979–1989 | -0.6 | -0.9 |
| 1989–2000 | 0.6 | 0.5 |
| 1989–1995 | -0.1 | -0.2 |
| 1995–2000 | 1.4 | 1.4 |
| 2000–2007 | 0.5 | 0.3 |
| 2007–2011 | 0.7 | 0.6 |
| 1979–2011 | 0.2 | -0.1 |
Note: Private production and nonsupervisory workers account for more than 80 percent of wage and salary employment.
Source: Authors' analysis of Bureau of Labor Statistics Current Employment Statistics
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