Federal Reserve Economic Data

Real Hourly Compensation for Private Nonfarm in Michigan (IPUZNU140260000)

Observations

2024: 40.737
Updated: Jun 3, 2025 3:12 PM CDT
Next Release Date: Not Available
2024:  40.737  
2023:  39.782  
2022:  40.134  
2021:  42.075  
2020:  43.144  
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Units:

Dollars per Hour,
Not Seasonally Adjusted

Frequency:

Annual

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Notes

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Dollars per Hour, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Real hourly compensation is the average payments and benefits made to individuals for an hour of labor, adjusted for inflation.

Suggested Citation:

U.S. Bureau of Labor Statistics, Real Hourly Compensation for Private Nonfarm in Michigan [IPUZNU140260000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNU140260000, .

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Percent Change from Year Ago, Annual, Not Seasonally Adjusted

Related Categories

Michigan States U.S. Regional Data Nonfarm Business Productivity & Costs Population, Employment, & Labor Markets

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More Series from Industry Productivity

Tags

Compensation Michigan Industry Productivity Nonfarm Hours Labor Private Real State Bureau of Labor Statistics Annual Public Domain: Citation Requested United States of America Not Seasonally Adjusted

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