Federal Reserve Economic Data: Your trusted data source since 1991

Real Labor Compensation for Private Nonfarm in Michigan (IPUZNL070260000)

Observation:

2022: 119.837 (+ more)   Updated: May 25, 2023 1:21 PM CDT
2022:  119.837  
2021:  118.083  
2020:  114.120  
2019:  118.051  
2018:  118.503  
View All

Units:

Index 2012=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2012=100, 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 [IPUZNL070260000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNL070260000, April 25, 2024.

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