File:US productivity and earnings.jpg

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Description
English: Source: Summers and Stansbury (2018, Figures 1 and 2). Note: Data from BLS, Bureau of Economic Analysis (BEA), and Economic Policy Institute. Labor productivity is total economy real output per hour. Average compensation is total economy real compensation per hour, deflated by Consumer Price Index CPI-U-RS series (CPI-U-RS). Compensation is median economy real compensation per hour and mean real compensation for production and nonsupervisory workers, both deflated by CPI-U-RS. The chart depicts the percent change in each series from its value in 1948 for all series except median compensation. The median compensation series starts in 1973 and is normalized to equal the average compensation of production and nonsupervisory workers in that year.
Date
Source https://workofthefuture.mit.edu/wp-content/uploads/2021/01/2020-Final-Report4.pdf p. 15
Author David Autor, David Mindell, and Elisabeth Reynolds

Licensing

Public domain This chart is ineligible for copyright and therefore in the public domain, because it consists entirely of information that is common property and contains no original authorship. For more information, see Commons:Threshold of originality § Charts

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Captions

Productivity and Compensation Growth in the United States, 1948–2016

17 November 2020

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current18:04, 23 March 2021Thumbnail for version as of 18:04, 23 March 2021875 × 565 (57 KB)commons>Tafu398Uploaded a work by David Autor, David Mindell, and Elisabeth Reynolds from https://workofthefuture.mit.edu/wp-content/uploads/2021/01/2020-Final-Report4.pdf p. 15 with UploadWizard

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