Compensation of Manufacturing Workers

Lawrence H. Officer ()
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Lawrence H. Officer: University of Illinois at Chicago

Chapter Chapter 11 in Essays in Economic History, 2022, pp 187-203 from Springer

Abstract: Abstract Annual series of average hourly compensation, average hourly earnings, and average hourly benefits of manufacturing production workers are presented for 1800–2006. The new CPI series is used to convert compensation to a real-wage series. Comparison with the real-wage historical series of other authors is made, and there are divergent results. “Value of the consumer bundle” is utilized to develop alternative measures of the standard of living for the worker group.

Keywords: Compensation; Earnings; Benefits; Standard of living; Wage; Work hours; Manufacturing (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-95925-8_11

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DOI: 10.1007/978-3-030-95925-8_11

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