US workers have not proportionally benefited from increases in their productivity since the 1970s

Index, Q1 1970 = 100

Productivity*

Real hourly wages

300

Q2 2024

275.8

250

200

150

154.1

100

50

1947

1970

1990

2010

2024

Productivity*

Real hourly wages

300

Q2 2024

275.8

250

200

150

154.1

100

50

1947

1970

1990

2010

2024

Productivity*

Real hourly wages

300

Q2 2024

275.8

250

200

150

154.1

100

50

1947

1970

1990

2010

2024

Productivity*

Real hourly wages

300

Q2 2024

275.8

250

200

150

154.1

100

50

1947

1960

1970

1980

1990

2000

2010

2020

Guardian graphic. Source: Federal Reserve Economic Data. *Nonfarm business sector output per hour for all workers, seasonally adjusted