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Saturday, July 24, 2004 10:02:33 AM
So when you normalize the compensation by the population and consider the inflation rate then things do look quite different.
Here is the entire chart going back to 1947, with a minor correction from an earlier version of this post (incorrect post deleted):
Comp(B): Compensation in billions
Pop: Population at midpoint, in thousands
Per Cap: Normalized compensation per capita
Quarter Comp(B) Pop Per Cap %change
2004-I 6408.8 292841 21884.91 1.47
2003-IV 6302.0 292190 21568.16 0.91
2003-III 6229.4 291445 21374.19 0.76
2003-II 6166.2 290689 21212.36 0.61
2003-I 6114.4 290016 21082.97 0.70
2002-IV 6058.0 289360 20935.86 0.18
2002-III 6031.1 288605 20897.42 0.01
2002-II 6014.8 287840 20896.33 0.47
2002-I 5972.4 287156 20798.45 0.16
2001-IV 5949.3 286490 20766.17 -0.12
2001-III 5940.8 285726 20791.95 -0.19
2001-II 5936.0 284952 20831.58 -0.23
2001-I 5935.6 284265 20880.52 0.84
2000-IV 5871.9 283582 20706.18 0.31
2000-III 5837.4 282800 20641.44 1.64
2000-II 5727.2 282014 20308.21 0.33
2000-I 5694.1 281304 20241.80 3.33
1999-IV 5496.5 280592 19588.94 2.03
1999-III 5371.2 279751 19199.93 1.07
1999-II 5297.3 278864 18996.00 0.76
1999-I 5242.8 278103 18852.01 1.62
1998-IV 5146.4 277400 18552.27 1.36
1998-III 5062.2 276564 18303.90 1.38
1998-II 4977.6 275703 18054.21 1.43
1998-I 4894.1 274950 17799.96 1.89
1997-IV 4790.8 274246 17468.99 1.76
1997-III 4693.4 273391 17167.35 1.30
1997-II 4617.9 272487 16947.23 1.06
1997-I 4556.4 271709 16769.41 1.49
1996-IV 4477.8 270991 16523.80 1.01
1996-III 4419.1 270128 16359.28 1.05
1996-II 4359.0 269251 16189.35 1.28
1996-I 4291.7 268487 15984.76 1.00
1995-IV 4238.7 267820 15826.67 0.67
1995-III 4197.5 267000 15720.97 0.74
1995-II 4153.2 266142 15605.20 0.55
1995-I 4118.6 265388 15519.16 1.10
1994-IV 4062.8 264678 15349.97 1.03
1994-III 4009.0 263870 15193.09 0.57
1994-II 3973.4 263020 15106.84 2.29
1994-I 3873.2 262250 14769.11 -1.24
1993-IV 3911.4 261547 14954.86 2.03
1993-III 3821.2 260714 14656.67 0.73
1993-II 3780.5 259826 14550.12 2.79
1993-I 3666.6 259039 14154.63 -2.80
1992-IV 3761.0 258277 14561.89 2.41
1992-III 3659.9 257386 14219.50 0.81
1992-II 3617.0 256439 14104.72 1.07
1992-I 3566.8 255585 13955.44 1.65
1991-IV 3498.5 254835 13728.49 0.72
1991-III 3461.5 253965 13629.83 0.65
1991-II 3426.9 253063 13541.69 0.64
1991-I 3394.4 252258 13456.06 0.14
1990-IV 3379.2 251482 13437.14 -0.09
1990-III 3370.2 250595 13448.79 0.84
1990-II 3330.5 249711 13337.42 1.45
1990-I 3272.8 248936 13147.15 1.80
1989-IV 3207.7 248374 12914.80 1.29
1989-III 3158.3 247698 12750.61 0.88
1989-II 3122.1 247017 12639.21 0.72
1989-I 3092.8 246460 12548.89 1.34
1988-IV 3045.9 245966 12383.42 1.47
1988-III 2994.2 245354 12203.59 1.39
1988-II 2945.5 244716 12036.40 1.95
1988-I 2883.1 244208 11805.92 1.53
1987-IV 2833.9 243721 11627.64 2.15
1987-III 2767.3 243120 11382.44 1.45
1987-II 2721.1 242520 11220.11 1.37
1987-I 2678.6 242009 11068.18 1.61
1986-IV 2631.1 241539 10893.06 1.68
1986-III 2581.4 240962 10712.89 1.17
1986-II 2545.3 240368 10589.18 0.68
1986-I 2522.7 239861 10517.34 1.15
1985-IV 2489.2 239387 10398.23 1.72
1985-III 2441.1 238789 10222.83 1.31
1985-II 2403.3 238176 10090.44 1.36
1985-I 2366.0 237673 9954.85 1.78
1984-IV 2320.3 237232 9780.72 1.45
1984-III 2281.5 236657 9640.53 1.82
1984-II 2235.2 236082 9467.90 2.11
1984-I 2184.6 235605 9272.30 3.11
1983-IV 2114.6 235153 8992.44 2.42
1983-III 2059.9 234603 8780.37 1.80
1983-II 2018.5 234028 8625.04 1.78
1983-I 1979.2 233546 8474.56 1.24
1982-IV 1951.1 233074 8371.16 0.48
1982-III 1937.0 232498 8331.25 0.78
1982-II 1917.2 231906 8267.14 0.79
1982-I 1898.0 231395 8202.42 1.05
1981-IV 1874.2 230903 8116.83 1.25
1981-III 1846.2 230301 8016.47 1.83
1981-II 1808.0 229674 7872.03 1.66
1981-I 1774.5 229155 7743.67 2.83
1980-IV 1722.1 228689 7530.31 3.62
1980-III 1657.4 228070 7267.07 1.68
1980-II 1625.1 227389 7146.78 1.11
1980-I 1602.7 226754 7068.01 2.37
1979-IV 1561.2 226117 6904.39 2.46
1979-III 1519.0 225418 6738.59 2.44
1979-II 1478.4 224737 6578.36 2.03
1979-I 1445.2 224152 6447.41 2.95
1978-IV 1400.2 223583 6262.55 3.02
1978-III 1355.2 222933 6078.96 2.50
1978-II 1318.3 222281 5930.78 3.57
1978-I 1269.6 221719 5726.17 2.67
1977-IV 1233.7 221201 5577.28 2.79
1977-III 1196.8 220573 5425.87 2.50
1977-II 1164.3 219956 5293.33 3.07
1977-I 1126.9 219427 5135.65 2.39
1976-IV 1098.0 218917 5015.60 2.28
1976-III 1070.7 218338 4903.86 2.10
1976-II 1046.0 217776 4803.10 2.10
1976-I 1022.3 217314 4704.25 3.30
1975-IV 987.5 216848 4553.88 2.86
1975-III 957.6 216289 4427.41 2.48
1975-II 931.7 215652 4320.39 1.09
1975-I 919.4 215135 4273.60 0.20
1974-IV 915.7 214700 4265.02 0.97
1974-III 904.6 214147 4224.20 2.31
1974-II 881.9 213602 4128.71 2.24
1974-I 860.7 213144 4038.12 1.95
1973-IV 842.5 212708 3960.83 2.51
1973-III 819.9 212191 3863.97 2.09
1973-II 801.1 211663 3784.79 2.27
1973-I 781.6 211192 3700.90 3.73
1972-IV 751.9 210737 3567.95 2.74
1972-III 729.9 210181 3472.72 1.65
1972-II 716.2 209637 3416.38 1.69
1972-I 702.6 209142 3359.44 3.87
1971-IV 674.8 208642 3234.25 1.39
1971-III 663.5 208000 3189.90 1.22
1971-II 653.5 207362 3151.49 1.56
1971-I 641.6 206763 3103.07 2.52
1970-IV 623.9 206130 3026.73 -0.12
1970-III 622.5 205419 3030.39 0.66
1970-II 616.3 204721 3010.44 1.37
1970-I 606.1 204086 2969.83 1.07
1969-IV 598.2 203584 2938.34 1.68
1969-III 586.6 202986 2889.85 2.66
1969-II 569.8 202419 2814.95 2.27
1969-I 555.9 201955 2752.59 2.01
1968-IV 543.8 201538 2698.25 2.06
1968-III 531.4 200997 2643.82 2.39
1968-II 517.6 200452 2582.16 2.36
1968-I 504.5 199995 2522.56 2.80
1967-IV 489.7 199572 2453.75 2.01
1967-III 478.7 199012 2405.38 1.78
1967-II 469.0 198455 2363.26 0.98
1967-I 463.3 197967 2340.29 1.09
1966-IV 457.2 197481 2315.16 1.51
1966-III 449.0 196877 2280.61 2.25
1966-II 437.8 196277 2230.52 2.33
1966-I 426.7 195763 2179.68 2.74
1965-IV 414.3 195279 2121.58 2.65
1965-III 402.3 194647 2066.82 1.74
1965-II 394.1 193994 2031.51 1.48
1965-I 387.3 193467 2001.89 1.43
1964-IV 380.8 192938 1973.69 1.30
1964-III 374.6 192256 1948.44 1.59
1964-II 367.4 191560 1917.94 1.73
1964-I 360.0 190954 1885.27 1.49
1963-IV 353.6 190362 1857.51 1.39
1963-III 347.4 189631 1831.98 1.07
1963-II 342.4 188906 1812.54 1.13
1963-I 337.5 188299 1792.36 1.14
1962-IV 332.6 187680 1772.17 0.63
1962-III 329.2 186926 1761.12 0.47
1962-II 326.4 186203 1752.93 1.52
1962-I 320.4 185553 1726.73 1.74
1961-IV 313.8 184894 1697.19 1.71
1961-III 307.2 184103 1668.63 1.23
1961-II 302.2 183337 1648.33 1.02
1961-I 298.0 182634 1631.68 -0.09
1960-IV 297.1 181915 1633.18 -0.62
1960-III 297.6 181094 1643.35 -0.18
1960-II 296.9 180335 1646.38 0.63
1960-I 294.0 179694 1636.11 2.16
1959-IV 285.5 178268 1601.52 0.69
1959-III 282.3 177481 1590.59 -0.18
1959-II 281.6 176727 1593.42 2.19
1959-I 274.5 176045 1559.26 2.32
1958-IV 267.2 175340 1523.90 1.44
1958-III 262.2 174535 1502.28 2.70
1958-II 254.2 173781 1462.76 -0.54
1958-I 254.6 173116 1470.69 -1.73
1957-IV 258.1 172463 1496.55 -1.07
1957-III 259.7 171684 1512.66 0.60
1957-II 257.0 170915 1503.67 0.26
1957-I 255.3 170218 1499.84 1.04
1956-IV 251.6 169497 1484.39 1.89
1956-III 245.7 168654 1456.83 0.81
1956-II 242.6 167869 1445.17 1.52
1956-I 238.0 167190 1423.53 1.45
1955-IV 233.6 166481 1403.16 1.47
1955-III 229.1 165674 1382.84 2.23
1955-II 223.1 164926 1352.73 2.45
1955-I 216.9 164266 1320.42 1.60
1954-IV 212.6 163585 1299.63 1.57
1954-III 208.3 162792 1279.55 -0.17
1954-II 207.7 162044 1281.75 -0.60
1954-I 208.1 161389 1289.43 -1.37
1953-IV 210.1 160713 1307.30 -1.17
1953-III 211.6 159963 1322.81 -0.36
1953-II 211.4 159234 1327.61 1.26
1953-I 208.0 158648 1311.08 1.52
1952-IV 204.1 158043 1291.42 3.34
1952-III 196.6 157324 1249.65 1.58
1952-II 192.7 156644 1230.18 0.34
1952-I 191.3 156033 1226.02 1.88
1951-IV 187.0 155389 1203.43 1.70
1951-III 183.0 154655 1183.28 0.81
1951-II 180.7 153947 1173.78 2.97
1951-I 174.8 153336 1139.98 4.38
1950-IV 166.8 152724 1092.17 4.44
1950-III 159.0 152039 1045.78 5.12
1950-II 150.6 151385 994.81 3.78
1950-I 144.6 150852 958.56 2.48
1949-IV 140.5 150211 935.35 -0.81
1949-III 141.0 149529 942.96 -1.27
1949-II 142.2 148891 955.06 -1.57
1949-I 143.9 148298 970.34 -1.73
1948-IV 145.8 147659 987.41 0.36
1948-III 144.6 146973 983.85 3.28
1948-II 139.4 146341 952.57 0.76
1948-I 137.8 145761 945.38 2.17
1947-IV 134.3 145135 925.35 2.83
1947-III 130.0 144462 899.89 0.55
1947-II 128.7 143803 894.97 0.72
1947-I 127.2 143156 888.54
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