Custom and High End Cues on the Decline?

My first job was in a large, very old factory; it was there since 1900. One day (in the early 80s) I was wondering around and found old file cabinets in storage. I found employment records there from the early 1920s. Hourly pay ranged from 20c to 40c per hour. The funny thing was most households were single earners and they had larger families.

I grew up during times of high unemployment. I can recall interviewing and fighting for entry level, minimum wage jobs...and they all paid the minimum wage. Now, today, get this: my 18-year-old son working part time as a bank teller started at $25 per hour. Something isn't right.
you have to consider inflation. back in the 50s/60's, earning a 5 digit income in a year is more like someone who belong in The Hamptons. earning a 5 digit income these days, you'd be living in the other Hampton.

Filter

Back
Top