Table of Contents
- 1 What was the average hourly wage in 1967?
- 2 What was the average salary in 1967?
- 3 Was there a minimum wage in 1967?
- 4 How much did lawyers make in the 1960s?
- 5 What was min wage in 1960?
- 6 How much were farm workers paid in the 1960s?
- 7 What makes a gas station make a profit?
- 8 What’s the job satisfaction of a gas station attendant?
What was the average hourly wage in 1967?
Average wages and work hours, 1967–2010 (2011 dollars)
| Productivity per hour (2005=100) | Real wage levels | |
|---|---|---|
| Hourly wages | ||
| 1967 | 52.3 | $17.24 |
| 1973 | 60.2 | 20.50 |
| 1979 | 64.2 | 20.34 |
What was the average salary in 1967?
The median income of households in the United States in 1967 was $7,200, whereas the mean income for households was $8,200. An estimated 11.9 million, or 19.7 percent, of the 60.4 million households in the Nation received money income under $3,000 in 1967.
What was the average hourly wage in 1968?
The purchasing power of the federal minimum wage has fluctuated; it was highest in 1968, when it was $1.60 per hour (equivalent to $11.91 in 2020). The real value of the Federal minimum wage in 2016 dollars has decreased by one-third since 1968.
Was there a minimum wage in 1967?
The minimum wage went to $1.00 an hour effective February 1967 for newly covered nonfarm workers, $1.15 in February 1968, $1.30 in February 1969, $1.45 in February 1970, and $1.60 in February 1971.
How much did lawyers make in the 1960s?
In the early 1960s the majority of attorneys practiced on their own in one-man offices. The average yearly income for such practitioners was about $8,000.
What was a good salary in 1965?
According to estimates released today by the Bureau of the Census, Department of Commerce, the average (median) income of families in 1965 was $6,900, a gain of about $310, or 5 percent, over 1964.
What was min wage in 1960?
$1.00
Value of the minimum wage, 1960–2011
| Minimum wage | ||
|---|---|---|
| Current dollars | 2011 dollars | |
| 1960 | $1.00 | $6.65 |
| 1967 | 1.40 | 8.25 |
| 1973 | 1.60 | 7.24 |
How much were farm workers paid in the 1960s?
California sponsored a study of all workers employed for wages on California farms in 1965. Some 742,000 workers had California farm earnings in 1965, up from 571,000 in 1964….
| Annual earnings | Farm work only | Farm and nonfarm work |
|---|---|---|
| Total workers | 92,525 | 76,675 |
| Median earnings | $3,181 | $2,817 |
How much does a gas station owner make per year?
As you might guess, a gas station owner salary varies depending on a number of factors but a successful gas station owner can make anywhere from $40,000 to $100,000 annually. But it’s going to take a lot of work. Gas stations that do more than serve gas tend to make more money.
What makes a gas station make a profit?
A well-run gas station in a prime area will typically do well and generate a profit. However, success depends on many factors that are out of an owner’s control such as the price of fuel, nearby road construction or fluctuations in the labor market.
What’s the job satisfaction of a gas station attendant?
Based on 79 responses, the job of Gas Station Attendant has received a job satisfaction rating of 3.15 out of 5. On average, Gas Station Attendant s are satisfied with their job. This data is based on 132 survey responses. Learn more about the gender pay gap.
What happens to gas stations when prices go up?
Contrary to what most consumers think, higher gas profits do not mean higher profits for individual station owners. When fuel prices shoot up, and drivers suspect price gouging, stations barely break even and may even lose money. When prices go down, drivers stop shopping for the best prices and fill up their tanks instead.