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 5¢ 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
