Federal Reserve Economic Data

Real Labor Compensation for Private Nonfarm in Michigan (IPUZNL061260000)

Observation:

2023: 1.1 (+ more)   Updated: May 31, 2024 2:56 PM CDT
2023:  1.1  
2022:  0.9  
2021:  3.5  
2020:  -3.2  
2019:  -0.3  
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Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Real labor compensation is defined as payments to labor to produce goods and services, including wages, benefits and other monetary or nonmonetary payments, adjusted for inflation.

Suggested Citation:

U.S. Bureau of Labor Statistics, Real Labor Compensation for Private Nonfarm in Michigan [IPUZNL061260000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNL061260000, .

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