Between 1914 and 1969, weekly wages in manufacturing industries in the United States grew by a factor of 12. In the first half of the century, the most significant periods of increase came during the World Wars, as manufacturing industries were at the core of the war effort. However, wages then fell sharply after both World Wars, due to post-war recessions and oversaturation of the job market as soldiers returned home. Interwar period Wage growth during the interwar period was often stagnant, despite the significant economic growth during the Roarin' 20s, and manufacturing wages remained steady at around 24 dollars from 1923 to 1929. This was, again, due to oversaturation of the job market, as employment in the agricultural sector declined due to mechanization and many rural workers flocked to industrial cities in search of employment. The Great Depression then saw the largest and most prolonged period of decline in manufacturing wages. From September 1929 to March 1933, weekly wages fell from 24 dollars to below 15 dollars, and it would take another four years for them to return to pre-Depression levels. Postwar prosperity After the 1945 Recession, the decades that followed the Second World War then saw consistent growth in manufacturing wages in almost every year, as the U.S. cemented itself as the foremost economic power in the world. This period is sometimes referred to as the Golden Age of Capitalism, and the U.S. strengthened its economic presence in Western Europe and other OECD countries, while expanding its political and military presence across Asia. Manufacturing and exports played a major role in the U.S.' economic growth in this period, and wages grew from roughly 40 dollars per week in 1945 to more than 120 dollars by the late 1960s.

Graph and download economic data for Income Before Taxes: Wages and Salaries by Generation: Birth Year of 1945 or Earlier (CXU900000LB1609M) from 2019 to 2023 about birth, salaries, tax, wages, income, and USA.

Graph and download economic data for Real Median Family Income in the United States (MEFAINUSA672N) from 1953 to 2023 about family, median, income, real, and USA.

In the Second World War, Japanese military wages were considered low in comparison to U.S. or European wages. A Japanese Army general received a basic pay of 550 yen per month (or roughly 126.5 U.S. dollars), whereas the lowest class of private received just six* yen per month (or 1.38 U.S. dollars). The source notes, however, that living costs were lower in Japan, and that additional pay was available for service personnel based on factors such as location, length of service, and specialized roles.

Timeseries of the Period 1945 – 2001 about the topics - economic structure, economic cycles, business developmet, - production, - services, - labour market, - prices, consumption and income of Vienna.

The aim was to cover the entire period under report with timeseries-data. Because of the absence of data or serious fractions of some timeseries this goal could not always be attained.

Topics:

Data-Tables in HISTAT:

A Economic structure, economic cycles, business development

A.1.01.a Development of nominal gross-urban-product by industrial sector at market prices 1961-1992 A.1.01.b Development of nominal gross-urban-product by ÖNACE-sections (= austrian nomenclature of economic activities) at market prices 1988-1997 A.1.01.c Development of nominal gruss-urban-product by ÖNACE-sections at cost prices 1995-1998 A.1.02 Workplaces (business companies) by economic classes 1954-1991 A.1.03 Workplaces and employees by industrial sector and urban district 1959-1991 A.1.04 Enterprises in the commercial economy of Vienna 1963-2000 A.1.05 Members of Vienna’s chamber of commerce 1955-2000 A.1.06 Stock corporations based in Vienna 1967-1995 A.1.07 Settlement of companies in Vienna aided by the businessdevelopment-fond 1982-2000 A.1.08.a Insolvencies 1966-1994 A.1.08.b Insolvencies 1995-2000

B Production

B.2.01.a Gross-production-values of industry by industrial sectors 1955-1994 B.2.01.b Production-values of industry by sort of production 1995-2000 B.2.02 Index of Vienna’s industrial production 1969-2000 B.2.03 Electricity production and distribution 1946-2000 B.2.04.a Gas distribution system 1946-2000 B.2.04.b Gas consumption 1946-2000

C Services

C.3.01 Salesindices of wholsale 1973-1998 C.3.02 Salesindices of retailing 1973-1998 C.3.03 Turnover potential of Vienna’s main shopping streets 1970-1998 C.3.04 Market supply at Viktualien 1945-2000 C.3.05 Tabacco sales 1946-2000 C.3.06 Credit institutions 1967-2000 C.3.07 Visitors’ overnight stays 1948-2000 C.3.08 Arrival of visitors 1948-2000

D Labour market

D.4.01 Working population by urban districts and industrial sectors 1954-1991 D.4.02 Commuter-Matrix 1955-1991 D.4.03 Commuter, driving into the city to their workplace (assured at Vienna’s Area Health Insurance Company (“Wiener Gebietskrankenkasse”)) 1986-2000 D.4.04 Changes of the labour supply (Components and their constituent parts) 1971-1991 D.4.05.a1 Employment market, employee 1946-1986 D.4.05.a2 Employment market, registered unemployed 1946-1986 D.4.05.a3 Employment market, Indizes 1946-1986
D.4.05.b1 Employment market, employee and registered unemployed 1987-2000 D.4.05.b2 Employment market, Indizes 1987-2000 D.4.06 Employees by industrial sectors 1955-2000 D.4.07 Employees by nationality 1972-2000 D.4.08.a Mobility: jearly average of standard employment by economic sectors 1972-2000 D.4.08.b Mobility: Leavings from standard emploument by economic sectors 1972-2000 D.4.08.c Mobility-index of standard employment by economic sectors 1972-2000 D.4.09.a Registered unemployed ba age-groups 1960-1986 D.4.09.b Registered unemployed by age-groups 1987-2000 D.4.10 Registered unemployed by duration of registration 1969-1986 D.4.11 Registered unemployed by age-group and duration of registration 1969-1982 D.4.12.a Registered unemployed, male, by age-group and duration of registration, 1987-2000 D.4.12.b Registered unemployed, female, by age-group and duration of registration, 1987-2000 D.4.12.c Total registered unemployed, by age-group and duration of registration, 1987-2000 D.4.13 Registered unemployed by highest education 1987-2000 D.4.14 Unemployment rate by sex and nationality 1991-2000 D.4.15 Unionists 1946-2000

E Preice, consumption and income

E.5.01 Consumer-price-index (linked Indices) 1945-2000 E.5.02 Consumer-price-index by consume groups 1948-2000 E.5.03 Wholesale price indices 1947-2000 E.5.04 Building costs indices of domestic buildings 1946-2000 E.5.05 Average prices of selected goods and services 1948-2000

E.5.07.a Gross median income of employee 1962-2000 E.5.07.b Gross median income of employee (relations) 1962-2000 E.5.8.a Quartiles of income, totally 1962-2000 E.5.8.b Quartiles of income, male 1962-2000 E.5.8.c Quartiles of income, female 1962-2000 E.5.9 Earnings and income in industry, business and trade 1962-1999

Datatable in the search- and downloadsystem HISTAT Information: HISTAT is offered only in German language.

1. Durchschnittslöhne und Lebenshaltungskosten in Ost- und Westdeutschland (= Average wages and cost of living in East and West Germany) (1938-1989)

2. Kaufkraftbereinigte Nettodurchschnittseinkommen der Arbeiter- und Angestelltenhaushalte der DDR in Relation zu denen der Bundesrepublik (= Net average income, adjusted for purchase power, of workers and employees households in the GDR in relation to those of the Federal Republic) (1950-1988)

3. Anteil der Eigentumsformen am Nettoprodukt der Wirtschaftsbereiche (= Share of different modes of ownership in the net product of economic sectors) (1950-1988)

4. Ausstattungsbestand der Haushalte in der DDR mit langlebigen technischen Konsumgütern (= Stock of Equipment of homes in the GDR with durable consumer goods) (1955-1989)

5. Entwicklung der Wohnungsversorgung in der SBZ/DDR und in der Bundesrepublik, Wohnungseinheiten (WEH) (= Development of housing supply in the former Sovjet occupation zone / GDR and the Federal Republic, housing units) (1939-1989)

06a. DDR/NBL: Struktur der Haushaltsausgaben nach Haushaltstypen, in Mark/DM (= Structure of household expenses by household types, in mark/DM) (1949-1992)

06b. BRD/ABL: Struktur der Haushaltsausgaben nach Haushaltstypen, in DM (Structure of household expenses, in DM) (1950-1992)

1. Sparquoten in der Bundesrepublik und der DDR (= Savings rates of the Federal Republic of Germany and of the former GDR) (1950-1989)