Column

period wages productivity
2024 Q1 365 0.2
2023 Q4 371 3.5
2023 Q3 366 4.6
2023 Q2 365 3.3
2023 Q1 363 -0.3
2022 Q4 363 2.1
2022 Q3 362 0.0
2022 Q2 359 -3.7
2022 Q1 362 -5.7
2021 Q4 362 2.6
2021 Q3 367 -2.5
2021 Q2 371 -0.1
2021 Q1 373 2.5
2020 Q4 376 -3.3
2020 Q3 384 5.8
2020 Q2 393 19.9
2020 Q1 367 -0.9

Wages are median usual weekly real earnings ($), seasonally adjusted. Productivity is output per hour, percent change from previous quarter in annual rates, seasonally adjusted.

Column

Real wages

Productivity

Unit labor costs

Real wage vs Productivity

Notes

NOTES

Data is from FRED https://fred.stlouisfed.org/

Series ID Variable
LES1252881600Q Median usual weekly real earnings
PRS85006092 Labor productivity (output per hour)
PRS85006112 Unit labor costs
PRS30006112 Manufacturing - Unit labor costs


flex-productivity