Details: uses the "Wage and salary accruals per full-time-equivalent employee" time series, which is the broadest wage measure for FTE employees, and adjusts for inflation using the PCE price index, which is the most economically meaningful measure of "how much did prices change for consumers" (and is the inflation index that the Fed targets)
Source: https://fred.stlouisfed.org/graph/?g=1JxBn
Details: uses the "Wage and salary accruals per full-time-equivalent employee" time series, which is the broadest wage measure for FTE employees, and adjusts for inflation using the PCE price index, which is the most economically meaningful measure of "how much did prices change for consumers" (and is the inflation index that the Fed targets)