U.S. nonfarm business sector real hourly compensation - quarterly percent change 2020

This statistic shows the quarterly percent change in nonfarm business sector real hourly compensation in the United States from 2017 to 2020. The data are seasonally adjusted at annual rates. Labor compensation includes accrued wages and salaries, supplements, employer contributions to employee benefit plans, and taxes. Nonfarm business sector real hourly compensation increased by 0.9 percent at an annual rate during the first quarter of 2020.

Quarterly percent change in nonfarm business sector real hourly compensation in the United States from 2017 to 2020

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Source

Release date

May 2020

Region

United States

Survey time period

2017 to 2020

Supplementary notes

Real hourly compensation is adjusted for inflation based on the Consumer Price Index for all urban consumers (CPI-U).

For a detailed explanation on the methodology employed by the Bureau of Labor Statistics to calculate the data see here.

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