Friday, December 14, 2012



40 Year U.S. Wage History, Actual Wages and
What Wages Would Have Been if Hourly Wages
Had Continued to Rise with Hourly GDP After 1978 
(adjusted for inflation - today's dollars)

YEAR


NUMBER OF WAGE EARNERS

PER/ PERSON WAGES

ANNUAL RISE in WAGES

RISE with WAGE/GDP DIFFERENTIAL OF .0253%

INCOME IF WAGE FOLLOWED GDP

2012


0.0253
estimated ->
$68,976
2011
   308,827
$27,554
Actual Rise
W/GDP differential
$63,980
2010 (37)
   306,553
$26,558
3.75%
6.28%
$59,345
2009 (36)
   304,280
$26,530
0.11%
2.64%
$55,838
2008
   301,483
$26,964
-1.61%
0.92%
$54,404
2007
   299,106
$26,804
0.60%
3.13%
$53,908
2006
   296,824
$26,352
1.72%
4.25%
$52,273
2005
   293,834
$25,036
5.26%
7.79%
$50,145
2004 (35)
   291,166
$23,857
4.94%
7.47%
$46,522
2003
   288,280
$23,276
2.50%
5.03%
$43,288
2002
   285,933
$22,794
2.11%
4.64%
$41,216
2001
   282,082
$22,851
-0.25%
2.28%
$39,387
2000
   279,517
$22,346
2.26%
4.79%
$38,509
1999
   276,804
$21,239
5.21%
7.74%
$36,748
1998
   271,743
$20,120
5.56%
8.09%
$34,108
1997
   269,094
$19,241
4.57%
7.10%
$31,554
1996
   266,792
$18,136
6.09%
8.62%
$29,463
1995
   264,314
$17,227
5.28%
7.81%
$27,124
1994
   262,105
$16,555
4.06%
6.59%
$25,160
1993
   259,753
$15,777
4.93%
7.46%
$23,605
1992
   256,830
$14,847
6.26%
8.79%
$21,966
1991
   251,434
$14,617
1.57%
4.10%
$20,190
1990
   248,886
$14,387
1.60%
4.13%
$19,394
1989
   246,191
$14,056
2.35%
4.88%
$18,625
1988
   243,685
$13,123
7.11%
9.64%
$17,758
1987
   241,187
$12,391
5.91%
8.44%
$16,197
1986
   238,789
$11,670
6.18%
8.71%
$14,936
1985
   236,749
$11,013
5.97%
8.50%
$13,740
1984
   234,066
$10,328
6.63%
9.16%
$12,664
1983
   231,852
$9,494
8.78%
11.31%
$11,601
1982
   229,587
$8,980
5.72%
8.25%
$10,422
1981
   227,375
$8,476
5.95%
8.48%
$9,627
1980
   225,242
$7,787
8.85%
11.38%
$8,875
1979
   223,160
$7,168
8.64%
11.17%
$7,968
1978
   215,935
$6,455
11.05%
11.05%
$7,168
1977
   214,159
$5,785
11.58%
11.58%
$6,455
1976
   212,566
$5,271
9.75%
9.75%
$5,785
1975
   211,140
$4,818
9.40%
9.40%
$5,271
1974
   209,572
$4,445
8.39%
8.39%
$4,818
1973
   207,949
$4,141
7.34%
7.34%
$4,445
1972
   206,302
$3,769
9.87%
9.87%
$4,141

Source of Actual Wage Data : US Census Table P-1.  CPS Population and Per Capita Money Income, All Races:  1967 to 2011 - http://www.census.gov/hhes/www/income/data/historical/people/

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