45 datasets found
  1. Average weekly earnings in manufacturing industries in the U.S. 1914-1969

    • statista.com
    Updated Aug 17, 2012
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    Statista (2012). Average weekly earnings in manufacturing industries in the U.S. 1914-1969 [Dataset]. https://www.statista.com/statistics/1241617/average-weekly-earnings-manufacturing-united-states-early-20th-century/
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    Dataset updated
    Aug 17, 2012
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Jun 1914 - Mar 1969
    Area covered
    United States
    Description

    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.

  2. U.S. workers median hourly inflation adjusted earnings 1979-2023

    • statista.com
    Updated Jan 14, 2025
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    Statista (2025). U.S. workers median hourly inflation adjusted earnings 1979-2023 [Dataset]. https://www.statista.com/statistics/185369/median-hourly-earnings-of-wage-and-salary-workers/
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    Dataset updated
    Jan 14, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the usual median hourly rate of a worker's wage in the United States was 19.24 U.S. dollars, a decrease from the previous year. Dollar value is based on 2023 U.S. dollars. In 1979, the median hourly earnings in the U.S. was 17.48 dollars.

  3. F

    Real Median Personal Income in the United States

    • fred.stlouisfed.org
    json
    Updated Sep 10, 2024
    + more versions
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    (2024). Real Median Personal Income in the United States [Dataset]. https://fred.stlouisfed.org/series/MEPAINUSA672N
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    jsonAvailable download formats
    Dataset updated
    Sep 10, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    Graph and download economic data for Real Median Personal Income in the United States (MEPAINUSA672N) from 1974 to 2023 about personal income, personal, median, income, real, and USA.

  4. Average weekly hours and hourly earnings of hourly-rated wage earners,...

    • datasets.ai
    • www150.statcan.gc.ca
    • +1more
    21, 55, 8
    Updated Aug 29, 2024
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    Statistics Canada | Statistique Canada (2024). Average weekly hours and hourly earnings of hourly-rated wage earners, (SEPH), by Standard Industrial Classification, 1960 (SIC) [Dataset]. https://datasets.ai/datasets/c271451d-dbe6-4671-9bb1-8e45c9b72b53
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    8, 21, 55Available download formats
    Dataset updated
    Aug 29, 2024
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Authors
    Statistics Canada | Statistique Canada
    Description

    This table contains 1339 series, with data for years 1961 - 1983 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (62 items: Canada; Newfoundland and Labrador; Atlantic provinces ...), Wage earners (2 items: Average weekly hours; Average hourly earnings ...), Standard Industrial Classification, 1960 (SIC) (124 items: Mining; including milling; Metals; Gold; Copper-gold-silver ...).

  5. Wages and salaries based on the 1948 and 1980 Standard Industrial...

    • www150.statcan.gc.ca
    Updated Feb 18, 2000
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    Government of Canada, Statistics Canada (2000). Wages and salaries based on the 1948 and 1980 Standard Industrial Classifications (SIC), by province or territory, annual, 1926 - 1960 (x 1,000,000) [Dataset]. http://doi.org/10.25318/3610029901-eng
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    Dataset updated
    Feb 18, 2000
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains 22 series, with data for years 1926 - 1960 (not all combinations necessarily have data for all years), and was last released on 2000-02-18. This table contains data described by the following dimensions (Not all combinations are available): Geography (11 items: Canada; Newfoundland and Labrador; Nova Scotia; Prince Edward Island ...), Wages and salaries (2 items: Based on Standard Industrial Classification; 1948 (SIC); Based on Standard Industrial Classification; 1980 (SIC) ...).

  6. T

    China Average Yearly Wages

    • tradingeconomics.com
    • de.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Dec 15, 2024
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    TRADING ECONOMICS (2024). China Average Yearly Wages [Dataset]. https://tradingeconomics.com/china/wages
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    json, xml, csv, excelAvailable download formats
    Dataset updated
    Dec 15, 2024
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1952 - Dec 31, 2024
    Area covered
    China
    Description

    Wages in China increased to 120698 CNY/Year in 2023 from 114029 CNY/Year in 2022. This dataset provides - China Average Yearly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  7. F

    Real Median Family Income in the United States

    • fred.stlouisfed.org
    json
    Updated Sep 10, 2024
    + more versions
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    (2024). Real Median Family Income in the United States [Dataset]. https://fred.stlouisfed.org/series/MEFAINUSA672N
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    jsonAvailable download formats
    Dataset updated
    Sep 10, 2024
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Area covered
    United States
    Description

    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.

  8. Average weekly earnings, all employees, (SEPH), by Standard Industrial...

    • www150.statcan.gc.ca
    • datasets.ai
    • +1more
    Updated Mar 30, 2012
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    Government of Canada, Statistics Canada (2012). Average weekly earnings, all employees, (SEPH), by Standard Industrial Classification, 1960 (SIC) [Dataset]. http://doi.org/10.25318/1410023601-eng
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    Dataset updated
    Mar 30, 2012
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains 1398 series, with data for years 1961 - 1985 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (71 items: Canada; Atlantic provinces; Corner Brook; Newfoundland and Labrador; Newfoundland and Labrador ...), Standard Industrial Classification, 1960 (SIC) (281 items: Industrial composite; Forestry services; Logging; Forestry ...).

  9. I

    Indonesia National Income: SNA 1960: 1960 Series

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). Indonesia National Income: SNA 1960: 1960 Series [Dataset]. https://www.ceicdata.com/en/indonesia/gross-national-product-current-price/national-income-sna-1960-1960-series
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 1962 - Dec 1, 1973
    Area covered
    Indonesia
    Variables measured
    Gross Domestic Product
    Description

    Indonesia National Income: SNA 1960: 1960 Series data was reported at 5,592.300 IDR bn in 1973. This records an increase from the previous number of 3,856.500 IDR bn for 1972. Indonesia National Income: SNA 1960: 1960 Series data is updated yearly, averaging 2,619.550 IDR bn from Dec 1960 (Median) to 1973, with 14 observations. The data reached an all-time high of 21,562.000 IDR bn in 1965 and a record low of 286.200 IDR bn in 1966. Indonesia National Income: SNA 1960: 1960 Series data remains active status in CEIC and is reported by Statistics Indonesia. The data is categorized under Global Database’s Indonesia – Table ID.AC001: Gross National Product: Current Price.

  10. U.S. minimum wage: real and nominal value 1938-2024

    • statista.com
    Updated Jul 26, 2024
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    Statista (2024). U.S. minimum wage: real and nominal value 1938-2024 [Dataset]. https://www.statista.com/statistics/1065466/real-nominal-value-minimum-wage-us/
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    Dataset updated
    Jul 26, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    When adjusted for inflation, the 2024 federal minimum wage in the United States is over 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2024 dollars this increases to 13.05 U.S. dollars. This is a significant difference from the federal minimum wage in 2024 of 7.25 U.S. dollars.

  11. T

    Germany Hourly Wages in Manufacturing Index

    • tradingeconomics.com
    • zh.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated May 15, 2025
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    TRADING ECONOMICS (2025). Germany Hourly Wages in Manufacturing Index [Dataset]. https://tradingeconomics.com/germany/wages-in-manufacturing
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    xml, json, csv, excelAvailable download formats
    Dataset updated
    May 15, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 31, 1960 - Mar 31, 2025
    Area covered
    Germany
    Description

    Wages in Manufacturing in Germany decreased to 100.98 points in March from 115.58 points in February of 2025. This dataset provides the latest reported value for - Germany Hourly Wages in Manufacturing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

  12. U.S. median household income 1967-2023, by race and ethnicity

    • statista.com
    • ai-chatbox.pro
    Updated Oct 28, 2024
    + more versions
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    Statista (2024). U.S. median household income 1967-2023, by race and ethnicity [Dataset]. https://www.statista.com/statistics/1086359/median-household-income-race-us/
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    Dataset updated
    Oct 28, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In the U.S., median household income rose from 51,570 U.S. dollars in 1967 to 80,610 dollars in 2023. In terms of broad ethnic groups, Black Americans have consistently had the lowest median income in the given years, while Asian Americans have the highest; median income in Asian American households has typically been around double that of Black Americans.

  13. Average weekly hours and hourly earnings of hourly-rated wage earners,...

    • data.wu.ac.at
    csv, html
    Updated Feb 14, 2018
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    Statistics Canada | Statistique Canada (2018). Average weekly hours and hourly earnings of hourly-rated wage earners, (SEPH), by Standard Industrial Classification, 1960 (SIC) [Dataset]. https://data.wu.ac.at/odso/www_data_gc_ca/MGEzY2Y2MjItY2ViNy00NGY1LThhNGMtZDM2ZjllYjA2ZWNj
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    html, csvAvailable download formats
    Dataset updated
    Feb 14, 2018
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Description

    Average weekly hours and hourly earnings of hourly-rated wage earners, (SEPH), by Standard Industrial Classification, 1960 (SIC)

  14. M

    World GDP Per Capita 1960-2025

    • macrotrends.net
    csv
    Updated Apr 30, 2025
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    MACROTRENDS (2025). World GDP Per Capita 1960-2025 [Dataset]. https://www.macrotrends.net/global-metrics/countries/WLD/world/gdp-per-capita
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    csvAvailable download formats
    Dataset updated
    Apr 30, 2025
    Dataset authored and provided by
    MACROTRENDS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1960 - May 2, 2025
    Description
    World GDP per capita for 2023 was $13,138, a 3.21% increase from 2022.
    <ul style='margin-top:20px;'>
    
    <li>World GDP per capita for 2022 was <strong>$12,730</strong>, a <strong>2.97% increase</strong> from 2021.</li>
    <li>World GDP per capita for 2021 was <strong>$12,362</strong>, a <strong>12.99% increase</strong> from 2020.</li>
    <li>World GDP per capita for 2020 was <strong>$10,942</strong>, a <strong>3.67% decline</strong> from 2019.</li>
    </ul>GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars.
    
  15. Average weekly earnings, (SEPH), by Standard Industrial Classification, 1960...

    • www150.statcan.gc.ca
    • open.canada.ca
    Updated Mar 30, 2012
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    Government of Canada, Statistics Canada (2012). Average weekly earnings, (SEPH), by Standard Industrial Classification, 1960 (SIC) [Dataset]. http://doi.org/10.25318/1410023301-eng
    Explore at:
    Dataset updated
    Mar 30, 2012
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains 1338 series, with data for years 1972 - 1983 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (62 items: Newfoundland and Labrador; Canada; Atlantic provinces ...), Type of earners (2 items: All wage earners; Salaried employees ...), Standard Industrial Classification, 1960 (SIC) (124 items: Mining; including milling; Metals; Gold; Copper-gold-silver ...).

  16. Average weekly earnings, all employees, (SEPH), by Standard Industrial...

    • data.wu.ac.at
    csv, html, xml
    Updated Feb 14, 2018
    + more versions
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    Statistics Canada | Statistique Canada (2018). Average weekly earnings, all employees, (SEPH), by Standard Industrial Classification, 1960 (SIC) [Dataset]. https://data.wu.ac.at/odso/www_data_gc_ca/YzY0NTFlMGEtZGVkYi00YTc5LTg0NDktMzNjMTI1ZTE2ODA3
    Explore at:
    csv, html, xmlAvailable download formats
    Dataset updated
    Feb 14, 2018
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    License

    Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
    License information was derived automatically

    Area covered
    Canada
    Description

    Average weekly earnings, all employees, (SEPH), by Standard Industrial Classification, 1960 (SIC)

  17. F

    Average Hourly Earnings, Chemicals and Allied Product Manufacturing for...

    • fred.stlouisfed.org
    json
    Updated Aug 17, 2012
    + more versions
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    (2012). Average Hourly Earnings, Chemicals and Allied Product Manufacturing for United States [Dataset]. https://fred.stlouisfed.org/series/M0815BUSM265NNBR
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    jsonAvailable download formats
    Dataset updated
    Aug 17, 2012
    License

    https://fred.stlouisfed.org/legal/#copyright-citation-requiredhttps://fred.stlouisfed.org/legal/#copyright-citation-required

    Area covered
    United States
    Description

    Graph and download economic data for Average Hourly Earnings, Chemicals and Allied Product Manufacturing for United States (M0815BUSM265NNBR) from Jan 1947 to Dec 1960 about chemicals, earnings, hours, production, manufacturing, and USA.

  18. Comparative Socio-Economic, Public Policy, and Political Data,1900-1960

    • icpsr.umich.edu
    ascii, sas, spss
    Updated Jan 12, 2006
    + more versions
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    Hofferbert, Richard I. (2006). Comparative Socio-Economic, Public Policy, and Political Data,1900-1960 [Dataset]. http://doi.org/10.3886/ICPSR00034.v1
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    spss, sas, asciiAvailable download formats
    Dataset updated
    Jan 12, 2006
    Dataset provided by
    Inter-university Consortium for Political and Social Researchhttps://www.icpsr.umich.edu/web/pages/
    Authors
    Hofferbert, Richard I.
    License

    https://www.icpsr.umich.edu/web/ICPSR/studies/34/termshttps://www.icpsr.umich.edu/web/ICPSR/studies/34/terms

    Area covered
    Mexico, Europe, Switzerland, Canada, Germany, France
    Description

    This study contains selected demographic, social, economic, public policy, and political comparative data for Switzerland, Canada, France, and Mexico for the decades of 1900-1960. Each dataset presents comparable data at the province or district level for each decade in the period. Various derived measures, such as percentages, ratios, and indices, constitute the bulk of these datasets. Data for Switzerland contain information for all cantons for each decennial year from 1900 to 1960. Variables describe population characteristics, such as the age of men and women, county and commune of origin, ratio of foreigners to Swiss, percentage of the population from other countries such as Germany, Austria and Lichtenstein, Italy, and France, the percentage of the population that were Protestants, Catholics, and Jews, births, deaths, infant mortality rates, persons per household, population density, the percentage of urban and agricultural population, marital status, marriages, divorces, professions, factory workers, and primary, secondary, and university students. Economic variables provide information on the number of corporations, factory workers, economic status, cultivated land, taxation and tax revenues, canton revenues and expenditures, federal subsidies, bankruptcies, bank account deposits, and taxable assets. Additional variables provide political information, such as national referenda returns, party votes cast in National Council elections, and seats in the cantonal legislature held by political groups such as the Peasants, Socialists, Democrats, Catholics, Radicals, and others. Data for Canada provide information for all provinces for the decades 1900-1960 on population characteristics, such as national origin, the net internal migration per 1,000 of native population, population density per square mile, the percentage of owner-occupied dwellings, the percentage of urban population, the percentage of change in population from preceding censuses, the percentage of illiterate population aged 5 years and older, and the median years of schooling. Economic variables provide information on per capita personal income, total provincial revenue and expenditure per capita, the percentage of the labor force employed in manufacturing and in agriculture, the average number of employees per manufacturing establishment, assessed value of real property per capita, the average number of acres per farm, highway and rural road mileage, transportation and communication, the number of telephones per 100 population, and the number of motor vehicles registered per 1,000 population. Additional variables on elections and votes are supplied as well. Data for France provide information for all departements for all legislative elections since 1936, the two presidential elections of 1965 and 1969, and several referenda held in the period since 1958. Social and economic data are provided for the years 1946, 1954, and 1962, while various policy data are presented for the period 1959-1962. Variables provide information on population characteristics, such as the percentages of population by age group, foreign-born, bachelors aged 20 to 59, divorced men aged 25 and older, elementary school students in private schools, elementary school students per million population from 1966 to 1967, the number of persons in household in 1962, infant mortality rates per million births, and the number of priests per 10,000 population in 1946. Economic variables focus on the Gross National Product (GNP), the revenue per capita per household, personal income per capita, income tax, the percentage of active population in industry, construction and public works, transportation, hotels, public administration, and other jobs, the percentage of skilled and unskilled industrial workers, the number of doctors per 10,000 population, the number of agricultural cooperatives in 1946, the average hectares per farm, the percentage of farms cultivated by the owner, tenants, and sharecroppers, the number of workhorses, cows, and oxen per 100 hectares of farmland in 1946, and the percentages of automobiles per 1,000 population, radios per 100 homes, and cinema seats per 1,000 population. Data are also provided on the percentage of Communists (PCF), Socialists, Radical Socialists, Conservatives, Gaullists, Moderates, Poujadists, Independents, Turnouts, and other political groups and p

  19. Japan JP: Standardised Price-Income Ratio: sa

    • ceicdata.com
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    CEICdata.com, Japan JP: Standardised Price-Income Ratio: sa [Dataset]. https://www.ceicdata.com/en/japan/house-price-index-seasonally-adjusted-oecd-member-annual/jp-standardised-priceincome-ratio-sa
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    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Japan
    Description

    Japan JP: Standardised Price-Income Ratio: sa data was reported at 87.536 Ratio in 2024. This records a decrease from the previous number of 89.289 Ratio for 2023. Japan JP: Standardised Price-Income Ratio: sa data is updated yearly, averaging 113.262 Ratio from Dec 1960 (Median) to 2024, with 65 observations. The data reached an all-time high of 163.202 Ratio in 1973 and a record low of 73.471 Ratio in 2009. Japan JP: Standardised Price-Income Ratio: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Japan – Table JP.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Nominal house prices divided by nominal disposable income per head. Net household disposable income is used. The population data come from the OECD national accounts database. The long-term average is calculated over the whole period available when the indicator begins after 1980 or after 1980 if the indicator is longer. This value is used as a reference value. The ratio is calculated by dividing the indicator source on this long-term average, and indexed to a reference value equal to 100.

  20. Average monthly earnings in Finland 2023-2024, by sector

    • ai-chatbox.pro
    • statista.com
    Updated Jun 4, 2025
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    Statista Research Department (2025). Average monthly earnings in Finland 2023-2024, by sector [Dataset]. https://www.ai-chatbox.pro/?_=%2Fstudy%2F78941%2Femployment-in-finland%2F%23XgboD02vawLYpGJjSPEePEUG%2FVFd%2Bik%3D
    Explore at:
    Dataset updated
    Jun 4, 2025
    Dataset provided by
    Statistahttp://statista.com/
    Authors
    Statista Research Department
    Area covered
    Finland
    Description

    In 2024, the average monthly earnings in Finland amounted to 4,051 euros. The average earnings in the central government sector reached 4,467 euros per month, while the corresponding figure in the non-profit institutions serving households sector was 3,548 euros per month. The gender pay gap remains Despite an overall increase in average earnings across all sectors, the gender pay gap in Finland has remained relatively stable, with men continuing to earn higher salaries than women. As of 2023, men earned around 650 euros more on average than women. However, the employment rate among women was higher than among men. Finland's aging population Finland's population is getting older, as can be seen through the increasing median age of its inhabitants. Between 1960 and 2023, the crude birth rate more than halved. In 2023, 7.8 births were recorded per 1,000 population of the country. Moreover, there is a gender gap in Finland's life expectancy, with women expected to live roughly five years longer than men.

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Statista (2012). Average weekly earnings in manufacturing industries in the U.S. 1914-1969 [Dataset]. https://www.statista.com/statistics/1241617/average-weekly-earnings-manufacturing-united-states-early-20th-century/
Organization logo

Average weekly earnings in manufacturing industries in the U.S. 1914-1969

Explore at:
Dataset updated
Aug 17, 2012
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
Jun 1914 - Mar 1969
Area covered
United States
Description

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.

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