Economy · Jobs

Average Hourly Earnings, Production Workers (since 1964)

YearAverageYear close
1964$2.53$2.58
1965$2.63$2.67
1966$2.73$2.78
1967$2.86$2.92
1968$3.02$3.11
1969$3.22$3.31
1970$3.40$3.50
1971$3.63$3.73
1972$3.90$4.00
1973$4.14$4.25
1974$4.44$4.60
1975$4.74$4.87

Source: FRED AHETPI (Average Hourly Earnings of Production and Nonsupervisory Employees, Total Private). Federal Reserve Bank of St. Louis.

Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).

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