3.3% National Unemployment Rate

December 11, 1968 the unemployment rate, at 3.3 percent, is the lowest it has been in fifteen years.  The Cost of Living and the Prices in 1968 inlcude;

  • Yearly Inflation Rate USA 4.27%
  • Yearly Inflation Rate UK 4.7%
  • Year-End Dow Jones Industrial Average 943
  • Average Cost of new house $14,950.00    
  • Average Income per year $7,850.00
  • Average Monthly Rent $130.00  
  • Gas per Gallon 34 cents  
  • Average Cost of a new car $2,822.00
  • The Federal Hourly Minimum Wage is $1.60 an hour   
  • Movie Ticket $1.50         
  • POTUS: Lyndon B. Johnson
  • VEEP: Hubert H. Humphrey
  • US Population: 200,706,052 
  • US Citizen Life Expectancy: 70.2 years  
  • Dow-Jones High: 985 Low: 825  
  • Federal spending: $178.13 billion  
  • Federal debt: $368.7 billion
  • Inflation: 4.2%
  • Consumer Price Index: 34.8
  • Unemployment: 3.8%
  • Cost of a new home: $26,600.00
  • Cost of a new car:
  • Median Household Income: $7,743.00
  • Cost of a first-class stamp: $0.05 ($0.06 as of 1/7/68)
  • Cost of a gallon of regular gas: $0.34
  • Cost of a dozen eggs: $0.53 (less than 5ยข per egg)
  • Cost of a gallon of Milk: 1.07   http://www.thepeoplehistory.com/1968.html                         http://www.1960sflashback.com/1968/Economy.asp 

        http://www.thepeoplehistory.com/1968.html              Median Household Income: $7,743.00 Cost of a first-class stamp: $0.05 ($0.06 as of 1/7/68) Cost of a gallon of regular gas: $0.34 Cost of a dozen eggs: $0.53 Cost of a gallon of Milk: 1.07 http://www.1960sflashback.com/1968/Economy.asp