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Lawrence H. Officer

Chapter Chapter 2 in Two Centuries of Compensation for U.S. Production Workers in Manufacturing, 2009, pp 15-74 from Palgrave Macmillan

Abstract: Abstract This chapter outlines and evaluates potential sources of data for use in constructing the desired average hourly compensation (AHC) series. For average hourly earnings (AHE), earnings and wages are the fundamental data required. However, because average annual earnings (AAE) will be used as benchmark figures for part of the period, data on average number of days of operation per year (ADO) are required to convert AAE to average daily earnings (ADE), and then average daily hours (ADH) are needed to convert ADE to AHE.

Keywords: Wage Rate; Standard Industrial Classification; Weeks Report; North American Industry Classification System; Current Employment Statistics (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-62130-5_2

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DOI: 10.1057/9780230621305_2

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