AWI series and underlying data, 1973-84 [Number of workers in thousands;
aggregate wage amounts in millions]
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 |
|