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Re: A deleted message

Saturday, 07/24/2004 10:02:33 AM

Saturday, July 24, 2004 10:02:33 AM

Post# of 97749
spokeshave, more good numbers! I worked with this reference to determine the compensation of employees normalized over the population, and then the percentage difference in successive quarters. I found that the compensation did increase (as you assert), although the rate of increase has been anemic as compared to other recovery periods. Good news, bad news. The data does not show the inflation rate during this period so I can't say whether the current rate exceeds or falls behind inflation; it looks like most recent quarters the wage increase was behind inflation but the most recent quarter was above. (In the 1990s compensation increases were clearly ahead of the inflation rate.)

So when you normalize the compensation by the population and consider the inflation rate then things do look quite different.

Here is the entire chart going back to 1947, with a minor correction from an earlier version of this post (incorrect post deleted):

 
Comp(B): Compensation in billions
Pop: Population at midpoint, in thousands
Per Cap: Normalized compensation per capita

Quarter Comp(B) Pop Per Cap %change
2004-I 6408.8 292841 21884.91 1.47
2003-IV 6302.0 292190 21568.16 0.91
2003-III 6229.4 291445 21374.19 0.76
2003-II 6166.2 290689 21212.36 0.61
2003-I 6114.4 290016 21082.97 0.70
2002-IV 6058.0 289360 20935.86 0.18
2002-III 6031.1 288605 20897.42 0.01
2002-II 6014.8 287840 20896.33 0.47
2002-I 5972.4 287156 20798.45 0.16
2001-IV 5949.3 286490 20766.17 -0.12
2001-III 5940.8 285726 20791.95 -0.19
2001-II 5936.0 284952 20831.58 -0.23
2001-I 5935.6 284265 20880.52 0.84
2000-IV 5871.9 283582 20706.18 0.31
2000-III 5837.4 282800 20641.44 1.64
2000-II 5727.2 282014 20308.21 0.33
2000-I 5694.1 281304 20241.80 3.33
1999-IV 5496.5 280592 19588.94 2.03
1999-III 5371.2 279751 19199.93 1.07
1999-II 5297.3 278864 18996.00 0.76
1999-I 5242.8 278103 18852.01 1.62
1998-IV 5146.4 277400 18552.27 1.36
1998-III 5062.2 276564 18303.90 1.38
1998-II 4977.6 275703 18054.21 1.43
1998-I 4894.1 274950 17799.96 1.89
1997-IV 4790.8 274246 17468.99 1.76
1997-III 4693.4 273391 17167.35 1.30
1997-II 4617.9 272487 16947.23 1.06
1997-I 4556.4 271709 16769.41 1.49
1996-IV 4477.8 270991 16523.80 1.01
1996-III 4419.1 270128 16359.28 1.05
1996-II 4359.0 269251 16189.35 1.28
1996-I 4291.7 268487 15984.76 1.00
1995-IV 4238.7 267820 15826.67 0.67
1995-III 4197.5 267000 15720.97 0.74
1995-II 4153.2 266142 15605.20 0.55
1995-I 4118.6 265388 15519.16 1.10
1994-IV 4062.8 264678 15349.97 1.03
1994-III 4009.0 263870 15193.09 0.57
1994-II 3973.4 263020 15106.84 2.29
1994-I 3873.2 262250 14769.11 -1.24
1993-IV 3911.4 261547 14954.86 2.03
1993-III 3821.2 260714 14656.67 0.73
1993-II 3780.5 259826 14550.12 2.79
1993-I 3666.6 259039 14154.63 -2.80
1992-IV 3761.0 258277 14561.89 2.41
1992-III 3659.9 257386 14219.50 0.81
1992-II 3617.0 256439 14104.72 1.07
1992-I 3566.8 255585 13955.44 1.65
1991-IV 3498.5 254835 13728.49 0.72
1991-III 3461.5 253965 13629.83 0.65
1991-II 3426.9 253063 13541.69 0.64
1991-I 3394.4 252258 13456.06 0.14
1990-IV 3379.2 251482 13437.14 -0.09
1990-III 3370.2 250595 13448.79 0.84
1990-II 3330.5 249711 13337.42 1.45
1990-I 3272.8 248936 13147.15 1.80
1989-IV 3207.7 248374 12914.80 1.29
1989-III 3158.3 247698 12750.61 0.88
1989-II 3122.1 247017 12639.21 0.72
1989-I 3092.8 246460 12548.89 1.34
1988-IV 3045.9 245966 12383.42 1.47
1988-III 2994.2 245354 12203.59 1.39
1988-II 2945.5 244716 12036.40 1.95
1988-I 2883.1 244208 11805.92 1.53
1987-IV 2833.9 243721 11627.64 2.15
1987-III 2767.3 243120 11382.44 1.45
1987-II 2721.1 242520 11220.11 1.37
1987-I 2678.6 242009 11068.18 1.61
1986-IV 2631.1 241539 10893.06 1.68
1986-III 2581.4 240962 10712.89 1.17
1986-II 2545.3 240368 10589.18 0.68
1986-I 2522.7 239861 10517.34 1.15
1985-IV 2489.2 239387 10398.23 1.72
1985-III 2441.1 238789 10222.83 1.31
1985-II 2403.3 238176 10090.44 1.36
1985-I 2366.0 237673 9954.85 1.78
1984-IV 2320.3 237232 9780.72 1.45
1984-III 2281.5 236657 9640.53 1.82
1984-II 2235.2 236082 9467.90 2.11
1984-I 2184.6 235605 9272.30 3.11
1983-IV 2114.6 235153 8992.44 2.42
1983-III 2059.9 234603 8780.37 1.80
1983-II 2018.5 234028 8625.04 1.78
1983-I 1979.2 233546 8474.56 1.24
1982-IV 1951.1 233074 8371.16 0.48
1982-III 1937.0 232498 8331.25 0.78
1982-II 1917.2 231906 8267.14 0.79
1982-I 1898.0 231395 8202.42 1.05
1981-IV 1874.2 230903 8116.83 1.25
1981-III 1846.2 230301 8016.47 1.83
1981-II 1808.0 229674 7872.03 1.66
1981-I 1774.5 229155 7743.67 2.83
1980-IV 1722.1 228689 7530.31 3.62
1980-III 1657.4 228070 7267.07 1.68
1980-II 1625.1 227389 7146.78 1.11
1980-I 1602.7 226754 7068.01 2.37
1979-IV 1561.2 226117 6904.39 2.46
1979-III 1519.0 225418 6738.59 2.44
1979-II 1478.4 224737 6578.36 2.03
1979-I 1445.2 224152 6447.41 2.95
1978-IV 1400.2 223583 6262.55 3.02
1978-III 1355.2 222933 6078.96 2.50
1978-II 1318.3 222281 5930.78 3.57
1978-I 1269.6 221719 5726.17 2.67
1977-IV 1233.7 221201 5577.28 2.79
1977-III 1196.8 220573 5425.87 2.50
1977-II 1164.3 219956 5293.33 3.07
1977-I 1126.9 219427 5135.65 2.39
1976-IV 1098.0 218917 5015.60 2.28
1976-III 1070.7 218338 4903.86 2.10
1976-II 1046.0 217776 4803.10 2.10
1976-I 1022.3 217314 4704.25 3.30
1975-IV 987.5 216848 4553.88 2.86
1975-III 957.6 216289 4427.41 2.48
1975-II 931.7 215652 4320.39 1.09
1975-I 919.4 215135 4273.60 0.20
1974-IV 915.7 214700 4265.02 0.97
1974-III 904.6 214147 4224.20 2.31
1974-II 881.9 213602 4128.71 2.24
1974-I 860.7 213144 4038.12 1.95
1973-IV 842.5 212708 3960.83 2.51
1973-III 819.9 212191 3863.97 2.09
1973-II 801.1 211663 3784.79 2.27
1973-I 781.6 211192 3700.90 3.73
1972-IV 751.9 210737 3567.95 2.74
1972-III 729.9 210181 3472.72 1.65
1972-II 716.2 209637 3416.38 1.69
1972-I 702.6 209142 3359.44 3.87
1971-IV 674.8 208642 3234.25 1.39
1971-III 663.5 208000 3189.90 1.22
1971-II 653.5 207362 3151.49 1.56
1971-I 641.6 206763 3103.07 2.52
1970-IV 623.9 206130 3026.73 -0.12
1970-III 622.5 205419 3030.39 0.66
1970-II 616.3 204721 3010.44 1.37
1970-I 606.1 204086 2969.83 1.07
1969-IV 598.2 203584 2938.34 1.68
1969-III 586.6 202986 2889.85 2.66
1969-II 569.8 202419 2814.95 2.27
1969-I 555.9 201955 2752.59 2.01
1968-IV 543.8 201538 2698.25 2.06
1968-III 531.4 200997 2643.82 2.39
1968-II 517.6 200452 2582.16 2.36
1968-I 504.5 199995 2522.56 2.80
1967-IV 489.7 199572 2453.75 2.01
1967-III 478.7 199012 2405.38 1.78
1967-II 469.0 198455 2363.26 0.98
1967-I 463.3 197967 2340.29 1.09
1966-IV 457.2 197481 2315.16 1.51
1966-III 449.0 196877 2280.61 2.25
1966-II 437.8 196277 2230.52 2.33
1966-I 426.7 195763 2179.68 2.74
1965-IV 414.3 195279 2121.58 2.65
1965-III 402.3 194647 2066.82 1.74
1965-II 394.1 193994 2031.51 1.48
1965-I 387.3 193467 2001.89 1.43
1964-IV 380.8 192938 1973.69 1.30
1964-III 374.6 192256 1948.44 1.59
1964-II 367.4 191560 1917.94 1.73
1964-I 360.0 190954 1885.27 1.49
1963-IV 353.6 190362 1857.51 1.39
1963-III 347.4 189631 1831.98 1.07
1963-II 342.4 188906 1812.54 1.13
1963-I 337.5 188299 1792.36 1.14
1962-IV 332.6 187680 1772.17 0.63
1962-III 329.2 186926 1761.12 0.47
1962-II 326.4 186203 1752.93 1.52
1962-I 320.4 185553 1726.73 1.74
1961-IV 313.8 184894 1697.19 1.71
1961-III 307.2 184103 1668.63 1.23
1961-II 302.2 183337 1648.33 1.02
1961-I 298.0 182634 1631.68 -0.09
1960-IV 297.1 181915 1633.18 -0.62
1960-III 297.6 181094 1643.35 -0.18
1960-II 296.9 180335 1646.38 0.63
1960-I 294.0 179694 1636.11 2.16
1959-IV 285.5 178268 1601.52 0.69
1959-III 282.3 177481 1590.59 -0.18
1959-II 281.6 176727 1593.42 2.19
1959-I 274.5 176045 1559.26 2.32
1958-IV 267.2 175340 1523.90 1.44
1958-III 262.2 174535 1502.28 2.70
1958-II 254.2 173781 1462.76 -0.54
1958-I 254.6 173116 1470.69 -1.73
1957-IV 258.1 172463 1496.55 -1.07
1957-III 259.7 171684 1512.66 0.60
1957-II 257.0 170915 1503.67 0.26
1957-I 255.3 170218 1499.84 1.04
1956-IV 251.6 169497 1484.39 1.89
1956-III 245.7 168654 1456.83 0.81
1956-II 242.6 167869 1445.17 1.52
1956-I 238.0 167190 1423.53 1.45
1955-IV 233.6 166481 1403.16 1.47
1955-III 229.1 165674 1382.84 2.23
1955-II 223.1 164926 1352.73 2.45
1955-I 216.9 164266 1320.42 1.60
1954-IV 212.6 163585 1299.63 1.57
1954-III 208.3 162792 1279.55 -0.17
1954-II 207.7 162044 1281.75 -0.60
1954-I 208.1 161389 1289.43 -1.37
1953-IV 210.1 160713 1307.30 -1.17
1953-III 211.6 159963 1322.81 -0.36
1953-II 211.4 159234 1327.61 1.26
1953-I 208.0 158648 1311.08 1.52
1952-IV 204.1 158043 1291.42 3.34
1952-III 196.6 157324 1249.65 1.58
1952-II 192.7 156644 1230.18 0.34
1952-I 191.3 156033 1226.02 1.88
1951-IV 187.0 155389 1203.43 1.70
1951-III 183.0 154655 1183.28 0.81
1951-II 180.7 153947 1173.78 2.97
1951-I 174.8 153336 1139.98 4.38
1950-IV 166.8 152724 1092.17 4.44
1950-III 159.0 152039 1045.78 5.12
1950-II 150.6 151385 994.81 3.78
1950-I 144.6 150852 958.56 2.48
1949-IV 140.5 150211 935.35 -0.81
1949-III 141.0 149529 942.96 -1.27
1949-II 142.2 148891 955.06 -1.57
1949-I 143.9 148298 970.34 -1.73
1948-IV 145.8 147659 987.41 0.36
1948-III 144.6 146973 983.85 3.28
1948-II 139.4 146341 952.57 0.76
1948-I 137.8 145761 945.38 2.17
1947-IV 134.3 145135 925.35 2.83
1947-III 130.0 144462 899.89 0.55
1947-II 128.7 143803 894.97 0.72
1947-I 127.2 143156 888.54



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