Figure 5. Changes in the compensation–productivity gap, the labor share, and the price deflator difference, nonfasrm business sector, selected periods, 1947 to 2015 (in percent)
| Period |
Gap between real hourly compensation and labor productivity |
Labor share |
Difference in price deflators |
|
1947 to 1973
|
-0.23 |
-0.10 |
-0.12 |
|
1973 to 1990
|
-.63 |
-.09 |
-.57 |
|
1990 to 2000
|
-.68 |
.08 |
-.77 |
|
2000 to 2015
|
-1.13 |
-.63 |
-.49 |