Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Cents per Hour, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Series Is Presented Here As Two Variables--(1)--Original Data, 1920-1948 (2)--Original Data, 1947-1960. "The Decline From December, 1935 On Was Caused By The Inclusion Of Data Coming From Companies Not Covered Prior To 1936." The Employment Of A Large Number Of Trainees In February, 1942 Affected The Changes In Earnings Between January And February 1942. Excluding These Trainees, The Average Hourly Earnings Would Be 97.9 Cents. Source: For June, 1920 To July, 1936, National Industrial Conference Board, "Wages, Hours And Employment In The United States, 1914-1936", (No. 229, 1936); For July, 1936 To 1937, Supplement To Conference Board Service Letter, June, 1938; For 1938 To September, 1941, Conference Board Economic Record, March 28,1940 And Following Issues; For October, 1941 To July, 1948, The Conference Board Management Record.

This NBER data series m08219a appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html.

NBER Indicator: m08219a