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"The Great Prosperity (1947-79) vs The Great Regression (1980-Now) Pay Rose With Productivity ... And Then It Didn't Wages and overall compensation, for production and non- supervisory workers (now about 82 percent of the private sector work force), tracked steadily upward alongside gains in productivity. The rising value of goods and services per worker meant rising pay. But that relationship ended in the 1970s." Chart illustrating changes from 1947 (baseline) in productivity (rising 119% from 1947 to 1979 and rising 80% from 1980 to 2009), average hourly compensation (rising 100% from 1947 to 1979 and rising 8% from 1980 to 2009), and average hourly wage (rising 72% from 1947 to 1979 and rising 7% from 1980 to 2009) Source: Robert Reich. New York Times. 9/4/2011