Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Dollars, Seasonally Adjusted

Frequency:  Monthly

Notes:

Estimates Were Derived By Dividing Total Nonfarm Employee Compensation By Total Manhours In Nonagricultural Establishments (From Worksheets In The Bureau Of Census Files). Source: For Payroll Estimates: 1947-1962 Data Is From The National Income And Product Accounts Of The United States, 1929-1965; 1963-1970 Data Is From Survey Of Current Business, July 1967 And Subsequent Issues. For Manhours: Bureau Of Labor Statistics, Business Cycle Developments, February 1968, Summary Table, "Manhours In Nonfarm Establishments, All Employees", And Current Issues; Also In Survey Of Current Business.

This NBER data series m08350 appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html.

NBER Indicator: m08350