Great data from the BLS comparing hourly compensation for manufacturing. The second chart looks at the benefits component of the hourly cost.
The data are from 2010 and sensitive to exchange rate movements. We will post a follow-up chart in the next few days looking at the 2009-10 change in hourly compensation, breaking out the changes in wage and benefits versus the FX component. Stay tuned!
(click here if charts are not observable)