Real compensation, 1979 to 2003: analysis from several data sources.

This article analyses the real compensation from 1979 to 2003 derived from several data sources in the U.S. in 2005. Increases in employee compensation substantially outpaced increases in consumer prices during the late 1990s. The National Compensation Survey (NCS) is a very comprehensive source of...

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Bibliographic Details
Published in:Monthly Labor Review Vol. 128; no. 5; pp. 3 - 23
Main Author: Meisenheimer II, Joseph R.
Format: Article
Published: US Department of Labor May2005
Subjects:
Online Access:View this record in EBSCOhost
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        atl: Real compensation, 1979 to 2003: analysis from several data sources.
      aug:
        au: Meisenheimer II, Joseph R.
        affil: Economist, Office of Employment and Unemployment Statistics, Bureau of Labor Statistics
      su:
        Wages
        Employment
        Labor
        Income
        Surveys
        Statistics on the working class
      sug:
        subj:
          Wages
          Employment
          Labor
          Income
          Surveys
          Statistics on the working class
      ab: This article analyses the real compensation from 1979 to 2003 derived from several data sources in the U.S. in 2005. Increases in employee compensation substantially outpaced increases in consumer prices during the late 1990s. The National Compensation Survey (NCS) is a very comprehensive source of information on compensation. One set of statistical series produced from the NCS is the Employment Cost Index, which provides measures of change in employers' costs for wages and salaries and benefits. Several Data Sources Available from the Bureau of Labor Statistics provide information on trends in real compensation. All are useful for macroeconomic analysis, and, because the series do not always move by the same amount or in the same direction, it is wise to examine each one to understand general trends in real compensation.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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