Hope Star in Hope, Arkansas

Great Race Wages vs Prices in 1960s Labor Stats

An analysis of the 12 month period in the Bureau of Labor Statistics annual survey compares pay gains to the Consumer Price Index. White collar workers averaged a 6.6 percent pay rise while CPI rose 4.5 percent, yielding a modest gain in purchasing power though uneven across occupations. Chief accountants saw the largest rise at 11.3 percent, while top attorneys gained only 1 percent.