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Check ourencyclopedia for a gloss on thousands of topics from biographies to the table of elements. Further breaks out earnings data by the number of weeks worked in 1979. Before sharing sensitive information, make sure youre on a federal government site. This article discusses the relatively low average earnings in the South, with tables showing hourly earnings in 1973 and 1973 on pages 28, 30, and 31 . Average price in each of 56 cities and the U.S. average. What Is the Average Hourly Wage in In an interview with the Brookings Institution's David Wessel, labor economist Larry Katz of Harvard University said men's wage stagnation is the result of rising wage inequality and the growing gap between the highest-paid earners and everyone else. Source: Federal Reserve Bank of St. Louis. Shows average wages for carpenters, bricklayers, bulldozer operators, back-hoe operators, truck drivers, cement masons, electricians, pipe fitters, plumbers, roofers, sheet metal workers, etc. Breaks out wages by residential or commercial construction. Stockholm All Stripes Sports Club r en av Sveriges strsta hbtqi idrottsfreningar, och den strsta som erbjuder ett flertal olika sporter. What was the average hourly wage in 1973? - Quora Although most of this increase was eroded by rising prices, the net gain in real purchasing power was still statistically significant. Selected monthly wages and comparisons with U.S. prices are also listed. Explore census data with visualizations and view tutorials. This article and included tables show prices for various consumer items, including food and more durable goods such as automobiles, as well as the approximate work time required to pay for these items. Source: U.S. Census of Housing, choose unadjusted figures. 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 that $23.68 would today.