[WS:] His compensation (as opposed to value of his stock holdings) is relatively "low," under $500k a couple of years ago, when I checked the SEC data.
Wojtek
On Tue, Nov 16, 2010 at 11:58 AM, Gar Lipow <gar.lipow at gmail.com> wrote:
> Thanks Doug. The reason I like non-sup is that supervisory includes
> Bill Gates. Neither is perfect. If Sup includes bill Gate, non-sup
> excludes the "manager" of the local movie theater. Still I suspect if
> you are trying to capture workers wages non-sup comes closer than Sup.
> Am I wrong? Would i be better off using all workers?
>
> On Mon, Nov 15, 2010 at 8:23 PM, Doug Henwood <dhenwood at panix.com> wrote:
> >
> > On Nov 15, 2010, at 11:10 PM, Gar Lipow wrote:
> >
> >> I made extensive use of series: CEU0500000049 non-supervisory workers
> >> average hourly wage in real dollars. Historical through current. That
> >> database is discontinued. However the data is still maintain, because
> >> the report to the President has that same data from the 60's through
> >> 2009 for private industry. Anyone know the series Id that replaced it?
> >> Or another way to find it. The standard BLS query screens I found
> >> provide data only in nominal dollars, though perhaps I was looking at
> >> the wrong screen.
> >
> > I've always just deflated the nominal wage by the CPI. The CEU prefix
> means not seasonally adjusted, by the way. Here's the series code for the SA
> one (the CES prefix means SA):
> >
> > CES0500000008
> >
> > They're now also reporting the average hourly wage for all employees (not
> just nonsup ones). It's
> >
> > CES0500000003.
> >
> > The code for the CPI (SA) is:
> >
> > CUSR0000SA0.
> >
> > The BLS often uses the CPI-W (wage workers and clerical workers) to
> deflate earnings. I don't think that's fair - why should the grunts have a
> price index all their own? Why not for the whole society? (In practice the
> difference isn't all that huge.) But that's the CPI-U (all urban consumers).
> If you want the CPI-W, it's:
> >
> > CWSR0000SA0.
> >
> > Doug
> >
> >
> >
> > ___________________________________
> > http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
> >
>
>
>
> --
> Facebook: Gar Lipow Twitter: GarLipow
> Grist Blog: http://www.grist.org/member/1598
> Static page: http://www.nohairshirts.com
>
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>