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Between 1949–50 and 1965–66, median family income (in constant 2009 dollars) rose from $25,814 to $43,614, [36] and from 1947 to 1960, consumer spending rose by a full 60%, and for the first time, as noted by Mary P. Ryan, "the majority of Americans would enjoy something called discretionary income, earnings that were secure and substantial ...
The relative power of unions declined significantly along with union membership, and executive pay rose considerably relative to average worker pay. [8] The reversal of the great compression has been called "the Great Divergence " by Krugman and is the title of a Slate article and book by Timothy Noah . [ 9 ]
The GNP growth 1921-29 was a very strong 6.0 percent, double the long-term average of about 3 percent. [83] Real annual earnings (in 1914 dollars) for all employees (deducting for unemployment) was $566 in 1921 and $793 in 1929, a real gain of 40 percent. [84]
Check out the average 401(k) balances among Americans in their 40s, 50s, 60s and 70s to see whether you have more or less than the others who'll be joining you in earning your senior discount ...
Average annual CEO options increased from $500,000 to over $3 million. Stock comprised almost 50% of CEO compensation. [69] Managers were incentivized to increase shareholder wealth rather than to improve long-term contracts with workers; between 2000 and 2007, nearly 75% of increased stock growth came at the cost of labor wages and salaries. [70]
This series gross up earlier years wages so that all years earnings up to age 60 are put on equal footing. Because it takes more than one year to fully collect such data, and because some people have January birthdays, the age 62 calculation done in 2006 must be based on the most recent data which is the 2004 national average wage. By law, all ...
Americans between 50-54 have an average net worth of $1.13 million; while those in the 55-to-50 age group have an average net worth of $1.44 million, according to USA Today.
The average annual wage per industrial worker ... 50 50 Presbyterians 70 30 ... The Chinese population declined to only 37,000 in 1940. Although many returned to ...