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What is wage cuts going to do to the American family during the Depression?
As can be seen, annual average wages asked fell by nearly 58 percent between 1929 and 1933. By comparison, wages paid fell by only 17.6 percent, from $27.57 in 1929 to $22.73 in 1933. Among men, wages paid fell by an even smaller percentage, from $50.45 to $44.85, a decline of only 11.1 percent.
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