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What was the average hourly rate of pay in 1970?

What was the average hourly rate of pay in 1970?

Let’s compare wages on the lowest end of the spectrum. In 1970, the federal minimum wage was $1.60 per hour, which brought in $3,328 per year before taxes. So, minimum wage brought in just under half of the income of the average salaryman of the same era.

What is the starting salary of a physical therapist assistant?

While ZipRecruiter is seeing annual salaries as high as $102,000 and as low as $19,500, the majority of Entry Level Physical Therapy Assistant salaries currently range between $37,000 (25th percentile) to $66,000 (75th percentile) with top earners (90th percentile) making $84,000 annually across the United States.

What was the average salary in the 1980s?

$12,513.46
Indexing yearly income

Year Wage Index
1980 $12,513.46
1983 $15,239.24
1986 $17,321.82
1989 $20,099.55

What was the average hourly wage in 1990?

Minimum hourly wage of workers in jobs first covered by

Effective Date 1938 Act 1
Jan 1, 1980 $3.10 for all covered, nonexempt workers
Jan 1, 1981 $3.35 for all covered, nonexempt workers
Apr 1, 1990 4 $3.80 for all covered, nonexempt workers
Apr 1, 1991 $4.25 for all covered, nonexempt workers

What was a good salary in 1975?

As indicated in the advance report on income, the 1975 median family income of $13,720 represented an increase of 6 percent over the revised 1974 median.

What was the average salary in 1974?

The median money income of households in the United States rose to $11,100 in 1974, an increase of about 6 percent over the 1973 median of $10,500.

What was the minimum wage in 1973?

1.60
The value of the dollar

Value of the minimum wage
Year Current dollars Constant (1996) dollars 1
1973 1.60 5.65
1974 2.00 6.37
1975 2.10 6.12

What was middle class in 1975?

Highlights. As indicated in the advance report on income, the 1975 median family income of $13,720 represented an increase of 6 percent over the revised 1974 median.

What was a good salary in 1974?

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Ruth Doyle