Renewed Job Growth Is Again Supporting Compensation and Overall Income Gains

Year	Quarter	Employee compensation percent change from a year ago	Nonfarm payrolls percent change from a year ago	Recession?
89	1	7.27%	3.12%	No
	2	5.99%	2.76%	No
	3	5.48%	2.30%	No
	4	5.32%	1.96%	No
90	1	5.82%	1.88%	No
	2	6.68%	1.75%	No
	3	6.71%	1.35%	Yes
	4	5.35%	0.51%	Yes
91	1	3.71%	-0.59%	Yes
	2	2.89%	-1.36%	No
	3	2.71%	-1.23%	No
	4	3.53%	-0.86%	No
92	1	5.08%	-0.42%	No
	2	5.55%	0.27%	No
	3	5.73%	0.52%	No
	4	7.50%	0.89%	No
93	1	2.80%	1.46%	No
	2	4.52%	1.75%	No
	3	4.41%	2.14%	No
	4	4.00%	2.46%	No
94	1	5.63%	2.63%	No
	2	5.10%	3.04%	No
	3	4.91%	3.30%	No
	4	3.87%	3.41%	No
95	1	6.33%	3.40%	No
	2	4.52%	2.83%	No
	3	4.70%	2.36%	No
	4	4.33%	2.02%	No
96	1	4.20%	1.69%	No
	2	4.96%	1.98%	No
	3	5.28%	2.18%	No
	4	5.64%	2.30%	No
97	1	6.17%	2.50%	No
	2	5.94%	2.54%	No
	3	6.21%	2.50%	No
	4	6.99%	2.71%	No
98	1	7.41%	2.69%	No
	2	7.79%	2.60%	No
	3	7.86%	2.60%	No
	4	7.43%	2.40%	No
99	1	7.12%	2.39%	No
	2	6.42%	2.41%	No
	3	6.10%	2.42%	No
	4	6.80%	2.52%	No
00	1	8.61%	2.51%	No
	2	8.12%	2.50%	No
	3	8.68%	2.10%	No
	4	6.83%	1.58%	No
01	1	4.43%	1.12%	Yes
	2	3.80%	0.28%	Yes
	3	1.75%	-0.20%	Yes
	4	1.13%	-1.05%	Yes
02	1	1.08%	-1.52%	No
	2	2.08%	-1.36%	No
	3	2.47%	-1.14%	No
	4	2.95%	-0.51%	No
03	1	2.79%	-0.31%	No
	2	2.94%	-0.39%	No
	3	3.92%	-0.36%	No
	4	4.80%	-0.19%	No
04	1	5.02%	0.25%	No
	2	5.16%	0.96%	No
	3	5.02%	1.31%	No
Source: Bureau of Labor Statistics