Earnings, productivity and hours (macro).

data("earns")

Format

A data frame with 41 observations.

year

1947 to 1987

wkearns

avg. real weekly earnings

wkhours

avg. weekly hours

outphr

output per labor hour

Source

Jeffrey M. Wooldrige (2006): Introductory Econometrics: A Modern Approach, 3rd ed., Thomson South-Western.

Details

Collected from the Economic Report of the President, 1989, Table B-47. The data are for the non-farm business sector.

Notes

These data could be usefully updated, but changes in reporting conventions in more recent ERPs may make that difficult.