Source:
U.S. Bureau of Labor Statistics
Release:
Productivity and Costs
Units:
Percent Change From Quarter One Year Ago, Seasonally Adjusted
Frequency:
Quarterly
Notes:
Indexes of compensation per hour for major sectors measure the compensation of employees and the self-employed divided by hours worked by all persons engaged in the sector. Real compensation per hour reflect the adjustment of hourly compensation for changes in consumer prices.
For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf
Source Indicator PRS85006151
Suggested Citation:
U.S. Bureau of Labor Statistics,
Nonfarm Business Sector: Real Compensation Per Hour [PRS85006151],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/PRS85006151,
January 22, 2021.