Average hourly earnings, private · per hour · 1971 Verified

$3.62in June 1971 — about $29.78 in today's money.

Figure in 1971$3.62
Same money today$29.78
Latest figure (2026) · June 2026$32.38
Change since 1971+794%

History

1964–2026 · price per hour · 1971 marked

Record & method

This is an observed price. The U.S. Bureau of Labor Statistics recorded it in June 1971; we have not adjusted the figure.

Source: U.S. Bureau of Labor Statistics via FRED. Public domain.
Series: AHETPI
Observed: June 1971
Coverage: January 1964 – June 2026
Adjusted by: CPIAUCNS · 40.6 → 333.952 (June 2026)
License: Public domain

See the full history for average hourly earnings, private →

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