Figure C
Disconnect between productivity and typical worker's compensation, 1948–2014
Year | Hourly compensation | Net productivity | Net productivity, deflated by CPI-U-RS |
---|---|---|---|
1948 | 0.0% | 0.0% | 0.0% |
1949 | 6.3% | 1.5% | 2.4% |
1950 | 10.5% | 9.3% | 10.2% |
1951 | 11.8% | 12.3% | 12.1% |
1952 | 15.0% | 15.6% | 15.1% |
1953 | 20.8% | 19.5% | 19.6% |
1954 | 23.5% | 21.6% | 21.9% |
1955 | 28.7% | 26.5% | 29.4% |
1956 | 33.9% | 26.7% | 31.7% |
1957 | 37.1% | 30.1% | 35.1% |
1958 | 38.2% | 32.8% | 37.3% |
1959 | 42.5% | 37.6% | 43.3% |
1960 | 45.5% | 40.0% | 45.5% |
1961 | 48.0% | 44.3% | 50.3% |
1962 | 52.5% | 49.8% | 56.4% |
1963 | 55.0% | 55.0% | 61.7% |
1964 | 58.5% | 60.0% | 67.5% |
1965 | 62.5% | 64.9% | 73.1% |
1966 | 64.9% | 70.0% | 78.5% |
1967 | 66.9% | 72.0% | 80.4% |
1968 | 70.7% | 77.2% | 86.6% |
1969 | 74.7% | 77.9% | 88.2% |
1970 | 76.6% | 80.4% | 91.7% |
1971 | 82.0% | 87.1% | 100.2% |
1972 | 91.2% | 92.0% | 108.2% |
1973 | 91.3% | 96.7% | 111.6% |
1974 | 87.0% | 93.7% | 105.9% |
1975 | 86.8% | 97.9% | 111.6% |
1976 | 89.7% | 103.4% | 116.9% |
1977 | 93.1% | 105.8% | 118.7% |
1978 | 96.0% | 107.8% | 121.1% |
1979 | 93.4% | 108.1% | 118.7% |
1980 | 88.6% | 106.6% | 112.6% |
1981 | 87.6% | 111.0% | 116.8% |
1982 | 87.8% | 107.9% | 114.0% |
1983 | 88.3% | 114.1% | 120.8% |
1984 | 86.9% | 119.7% | 126.0% |
1985 | 86.3% | 123.4% | 130.0% |
1986 | 87.3% | 128.0% | 135.2% |
1987 | 84.6% | 129.1% | 134.7% |
1988 | 83.9% | 131.8% | 137.3% |
1989 | 83.7% | 133.6% | 138.7% |
1990 | 82.2% | 137.0% | 139.8% |
1991 | 81.9% | 138.9% | 141.7% |
1992 | 83.0% | 147.5% | 150.7% |
1993 | 83.4% | 148.4% | 151.6% |
1994 | 83.8% | 150.7% | 154.3% |
1995 | 82.7% | 150.8% | 153.5% |
1996 | 82.8% | 156.9% | 158.1% |
1997 | 84.8% | 160.5% | 161.1% |
1998 | 89.2% | 165.7% | 166.1% |
1999 | 91.9% | 172.1% | 171.3% |
2000 | 92.9% | 178.5% | 175.0% |
2001 | 95.6% | 182.9% | 178.5% |
2002 | 99.5% | 190.7% | 186.7% |
2003 | 101.6% | 200.2% | 195.9% |
2004 | 101.0% | 208.3% | 204.2% |
2005 | 100.0% | 213.6% | 208.5% |
2006 | 100.2% | 215.6% | 209.6% |
2007 | 101.7% | 217.8% | 211.4% |
2008 | 101.8% | 218.3% | 206.5% |
2009 | 109.7% | 224.9% | 217.5% |
2010 | 111.5% | 234.4% | 226.2% |
2011 | 109.1% | 234.8% | 223.4% |
2012 | 107.3% | 236.6% | 224.6% |
2013 | 108.3% | 236.9% | 225.4% |
2014 | 109.0% | 238.7% | 227.0% |
Note: Data are for compensation of production/non-supervisory workers in the private sector and net productivity of the total economy. "Net productivity" is the growth of output of goods and services less depreciation per hour worked.
Source: Economic Policy Institute analysis of unpublished Total Economy Productivity data from Bureau of Labor Statistics Labor Productivity and Costs program, wage data from the Bureau of Labor Statistics Current Employment Statistics, and Bureau of Economic Analysis National Income and Product Accounts
Previous chart: « Annual family budgets in select areas, for two-parent two-children families, 2014