Federal Reserve Economic Data: Your trusted data source since 1991

Hourly Compensation for Private Nonfarm in Minnesota (IPUZNU130270000)

Observation:

2022: 50.987 (+ more)   Updated: May 25, 2023 1:22 PM CDT
2022:  50.987  
2021:  47.275  
2020:  46.211  
2019:  43.285  
2018:  41.800  
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Units:

Dollars per Hour,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Dollars per Hour, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Hourly compensation is the sum of wage and salary accruals and supplements to wages and salaries per hour of labor services used to produce output. Wage and salary accruals consist of the monetary remuneration of employees. Supplements to wages and salaries consist of employer contributions for social insurance and employer payments (including payments in kind) to private pension and profit-sharing plans, group health and life insurance plans, privately administered workers' compensation plans.

Suggested Citation:

U.S. Bureau of Labor Statistics, Hourly Compensation for Private Nonfarm in Minnesota [IPUZNU130270000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNU130270000, May 20, 2024.

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