February 24, 2011 (The Editor’s Desk is updated each business day.)
The compensation-productivity gap
Productivity growth and real hourly compensation growth, nonfarm business sector, selected periods, 1947–2009
Period |
Average annual percent change |
Productivity |
Real Hourly Compensation |
1947–73 |
2.8 |
2.6 |
1973–79 |
1.1 |
0.9 |
1979–90 |
1.4 |
0.5 |
1990–2000 |
2.1 |
1.5 |
2000–09 |
2.5 |
1.1 |
These data are featured in the TED article, The compensation-productivity gap.
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