Accounting for nonsupervisory workers’ benefits barely changes pay trends: Nonfarm business productivity, total economy productivity, hourly compensation, and non-supervisory wages and compensation, 1948–2019
Year | NFB productivity | Total economy productivity | Total economy productivity, net | Average hourly compensation, NFB (index) |
---|---|---|---|---|
1948 | 46.70 | 47.32 | 16.33 | 49.82 |
1949 | 48.18 | 48.15 | 16.51 | 51.90 |
1950 | 51.41 | 51.40 | 17.98 | 54.33 |
1951 | 52.72 | 52.50 | 19.73 | 54.74 |
1952 | 53.73 | 54.08 | 20.64 | 56.67 |
1953 | 55.05 | 55.99 | 21.59 | 59.38 |
1954 | 56.12 | 57.36 | 22.18 | 60.80 |
1955 | 58.52 | 59.49 | 23.46 | 63.27 |
1956 | 58.18 | 59.76 | 24.22 | 66.13 |
1957 | 59.67 | 61.58 | 25.67 | 67.72 |
1958 | 61.05 | 63.34 | 26.84 | 68.43 |
1959 | 63.21 | 65.34 | 28.21 | 70.60 |
1960 | 63.94 | 66.53 | 29.12 | 72.38 |
1961 | 66.04 | 68.71 | 30.38 | 74.04 |
1962 | 69.03 | 71.12 | 31.94 | 76.23 |
1963 | 71.38 | 73.62 | 33.45 | 77.81 |
1964 | 73.25 | 75.74 | 35.01 | 78.98 |
1965 | 75.59 | 77.98 | 36.79 | 80.32 |
1966 | 78.31 | 80.30 | 39.00 | 82.72 |
1967 | 79.77 | 81.59 | 40.63 | 84.91 |
1968 | 82.55 | 84.08 | 43.65 | 87.63 |
1969 | 82.69 | 84.63 | 45.97 | 88.77 |
1970 | 83.87 | 86.28 | 49.07 | 89.76 |
1971 | 87.16 | 89.51 | 53.47 | 91.25 |
1972 | 90.18 | 91.74 | 57.30 | 94.18 |
1973 | 92.95 | 93.92 | 61.91 | 95.43 |
1974 | 91.40 | 93.06 | 66.21 | 94.04 |
1975 | 93.86 | 95.59 | 73.66 | 95.18 |
1976 | 97.12 | 97.86 | 79.80 | 96.99 |
1977 | 98.80 | 98.92 | 85.65 | 98.55 |
1978 | 100.22 | 99.81 | 92.51 | 99.98 |
1979 | 100.00 | 100.00 | 100.00 | 100.00 |
1980 | 99.96 | 100.11 | 108.18 | 99.57 |
1981 | 101.41 | 102.11 | 120.50 | 99.71 |
1982 | 100.58 | 102.10 | 126.63 | 100.88 |
1983 | 104.71 | 104.87 | 136.09 | 101.07 |
1984 | 107.05 | 107.11 | 145.14 | 101.21 |
1985 | 108.90 | 108.99 | 152.47 | 102.67 |
1986 | 112.14 | 111.53 | 158.77 | 106.78 |
1987 | 112.75 | 112.01 | 163.25 | 107.17 |
1988 | 114.60 | 113.60 | 171.53 | 108.68 |
1989 | 115.62 | 114.69 | 180.23 | 107.19 |
1990 | 117.58 | 116.44 | 189.73 | 108.26 |
1991 | 119.50 | 117.83 | 197.92 | 109.42 |
1992 | 124.84 | 122.07 | 210.75 | 113.39 |
1993 | 124.98 | 122.61 | 216.94 | 111.95 |
1994 | 125.84 | 123.45 | 223.46 | 110.73 |
1995 | 127.20 | 124.20 | 229.00 | 110.80 |
1996 | 129.86 | 126.59 | 238.04 | 111.64 |
1997 | 132.37 | 128.90 | 246.88 | 113.53 |
1998 | 136.81 | 131.87 | 255.40 | 118.49 |
1999 | 142.16 | 135.82 | 266.53 | 121.44 |
2000 | 146.41 | 139.26 | 278.75 | 125.69 |
2001 | 150.18 | 142.23 | 289.85 | 127.51 |
2002 | 156.61 | 146.55 | 303.12 | 128.41 |
2003 | 162.40 | 151.42 | 319.99 | 130.24 |
2004 | 167.22 | 155.51 | 337.82 | 132.63 |
2005 | 170.87 | 158.58 | 354.45 | 132.95 |
2006 | 172.58 | 159.96 | 367.44 | 133.73 |
2007 | 175.29 | 161.87 | 381.01 | 135.65 |
2008 | 178.03 | 164.44 | 392.59 | 134.80 |
2009 | 184.99 | 169.91 | 406.27 | 136.99 |
2010 | 191.23 | 174.56 | 424.90 | 137.29 |
2011 | 190.86 | 174.38 | 433.40 | 135.63 |
2012 | 192.26 | 174.81 | 442.68 | 135.97 |
2013 | 193.85 | 175.92 | 454.07 | 135.63 |
2014 | 195.50 | 176.35 | 463.47 | 136.92 |
2015 | 198.26 | 177.46 | 472.03 | 140.92 |
2016 | 199.64 | 178.49 | 479.88 | 140.99 |
2017 | 202.23 | 180.12 | 493.62 | 142.78 |
2018 | 205.01 | 181.86 | 510.05 | 144.07 |
2019 | 209.67 | 184.40 | 525.91 | 147.02 |
2020 | 220.50 | 192.12 | 552.76 | 156.94 |
2021 | 224.18 | 194.78 | 589.45 | 156.97 |
2022 | 220.03 | 192.80 | 621.63 | 150.53 |
Note: All seven lines are indices set to 100 in 1979. The ratio of economywide compensation to wage and salary income is multiplied by the average hourly earnings line to yield a measure of total compensation, not just wages, for nonsupervisory workers.
Source: Nonfarm business sector data from the BLS Labor Productivity and Costs (LPC) program, unpublished total economy productivity data provided by the BLS upon request, BEA NIPA tables, BLS consumer price index, and BLS CES.