50-year trend in real hourly earning for the US wage workers

real wages reached an all-time record of $22.30 per hour in the early 1970.
Ironically, the catalysts for that final wage push were:
- soaring construction wages in NYC obtained by the building unions working on the World Trade Center, and
- a 70-day strike at GM which resulted in the bountiful UAW “pattern agreement” that ultimately took Detroit down.


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