Hourly Compensation for Private Nonfarm in Michigan

Observations

2023: 47.110

Updated: May 31, 2024 2:53 PM CDT

Units:

Dollars per Hour,

Not Seasonally Adjusted

Frequency:

Annual

Notes

Title	Release Dates

Hourly Compensation for Private Nonfarm in Michigan	2021-05-27	2024-05-30

Source

U.S. Bureau of Labor Statistics	2021-05-27	2024-05-30

Release

Industry Productivity	2021-05-27	2024-05-30

Units

Dollars per Hour	2021-05-27	2024-05-30

Frequency

Annual	2021-05-27	2024-05-30

Seasonal Adjustment

Not Seasonally Adjusted	2021-05-27	2024-05-30

Notes

Hourly compensation is the sum of wage and salary accruals and supplements to wages and salaries per hour of labor services used to produce output. Wage and salary accruals consist of the monetary remuneration of employees. Supplements to wages and salaries consist of employer contributions for social insurance and employer payments (including payments in kind) to private pension and profit-sharing plans, group health and life insurance plans, privately administered workers' compensation plans.	2021-05-27	2024-05-30