Development of the
national average wage indexing (AWI) series, 1973-84 [Number of workers in thousands; aggregate wage amounts in millions] |
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Year | AWI series 1 | SSA raw data 2 | IRS raw data from income tax returns | |||||
---|---|---|---|---|---|---|---|---|
Amount | Increase | Average amount | Number of workers | Aggregate wages | Average amount | Number of workers | Aggregate wages | |
1973 | $7,580.16 | 6.26% | $1,895.04 | 70,555 | $133,705 | -- | -- | -- |
1974 | 8,030.76 | 5.94% | 2,007.69 | 71,110 | 142,767 | -- | -- | -- |
1975 | 8,630.92 | 7.47% | 2,157.73 | 70,623 | 152,386 | -- | -- | -- |
1976 | 9,226.48 | 6.90% | 2,306.62 | 72,820 | 167,967 | -- | -- | -- |
1977 | 9,779.44 | 5.99% | 2,444.86 | 75,116 | 183,648 | $10,043.15 | 95,004 | $954,136 |
1978 | 10,556.03 | 7.94% | -- | -- | -- | 10,840.68 | 97,998 | 1,062,369 |
1979 | 11,479.46 | 8.75% | -- | -- | -- | 11,789.01 | 100,199 | 1,181,250 |
1980 | 12,513.46 | 9.01% | -- | -- | -- | 12,850.89 | 101,252 | 1,301,176 |
1981 | 13,773.10 | 10.07% | -- | -- | -- | 14,144.50 | 101,345 | 1,433,473 |
1982 | 14,531.34 | 5.51% | -- | -- | -- | 14,923.19 | 99,726 | 1,488,227 |
1983 | 15,239.24 | 4.87% | -- | -- | -- | 15,650.18 | 100,410 | 1,571,431 |
1984 | 16,135.07 | 5.88% | [see more recent data] | 16,570.17 | 103,297 | 1,711,648 |
October 18, 2002 |