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Industry-Level Pay and Productivity Growth Are Strongly Correlated

Created on May 31, 2016

Industry-Level Pay and Productivity Growth Are Strongly Correlated

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Read the original report, "Workers’ Compensation: Growing Along with Productivity," by James Sherk.

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Note: Figures adjusted for inflation using the PCE deflator.Source: Heritage Foundation calculations using data from Bureau of Labor Statistics, “Labor Productivity and Costs: Industry Productivity,” 1987 and 2013. Industries are presented at the four-digit NAICS level.

Tags: compensation-growth, productivity-growth