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.
