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Summary
DescriptionManufacturing productivity and wages in the United States.svg
English: Productivity of manufacturing labor in comparison to the average real wages of those workers and the minimum wage in the USA, 1949-2016, each indexed to 1970 = 100. In 1970 the minimum wage was raised from $1.30 per hour to $1.45 per hour, and roughly tracked inflation and productivity from about 1950 to 1969 and would have been $46.80 for manufacturing in 2015 to be the same as it was in 1970. Data from BLS.
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...
1995 10.06
1996 11.75
1997 12.45
...
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