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Summary
DescriptionUS productivity and earnings.jpg |
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 |
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Captions
Productivity and Compensation Growth in the United States, 1948–2016
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17 November 2020
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Date/Time | Thumbnail | Dimensions | User | Comment | |
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current | 18:04, 23 March 2021 | 875 × 565 (57 KB) | Tafu398 | Uploaded 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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Date and time of data generation | 10:31, 23 March 2021 |
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Orientation | Normal |
File change date and time | 17:32, 23 March 2021 |
DateTimeOriginal subseconds | 000 |
DateTime subseconds | 018 |