# Hourly Compensation, Nonagricultural Establishments, All Employees for United States

1970-11: 4.40 Dollars
Monthly, Seasonally Adjusted, M08350USM052SNBR, Updated: 2012-08-17 2:17 PM CDT
1yr | 5yr | 10yr | Max

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

Release: NBER Macrohistory Database

Restore defaults | Save settings | Apply saved settings
Recession bars:
Log scale:
Show:

Y-Axis Position:
(a) Hourly Compensation, Nonagricultural Establishments, All Employees for United States, Dollars, Seasonally Adjusted (M08350USM052SNBR)

Integer Period Range:

copy to all
Create your own data transformation: [+]
Need help? [+]

Use a formula to modify and combine data series into a single line. For example, invert an exchange rate a by using formula 1/a, or calculate the spread between 2 interest rates a and b by using formula a - b.

Use the assigned data series variables above (e.g. a, b, ...) together with operators {+, -, *, /, ^}, braces {(,)}, and constants {e.g. 2, 1.5} to create your own formula {e.g. 1/a, a-b, (a+b)/2, (a/(a+b+c))*100}. The default formula 'a' displays only the first data series added to this line. You may also add data series to this line before entering a formula.

will be applied to formula result

Create segments for min, max, and average values: [+]

Graph Data

Graph Image

Suggested Citation
``` National Bureau of Economic Research, Hourly Compensation, Nonagricultural Establishments, All Employees for United States [M08350USM052SNBR], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/M08350USM052SNBR/, October 8, 2015. ```

Retrieving data.
Graph updated.