• huginn@feddit.it
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    3 days ago

    The equivalent of 81k today is 62k in 2016.

    If you graduated in 2016 and entered the workforce 62k would’ve been starvation wages in a lot of cities, but could sit you ok most other places.

    • Dagwood222@lemm.ee
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      3 days ago

      In 1960 the minimum wage was $1.00 an hour in the US. The price of the average US home was $11,000.00.

      Today it takes two college grads to achieve what a high school drop out could do 70 years ago. Progress!