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

Published by Statista Research Department, Mar 2, 2021
During the fourth quarter of 2020, the real hourly compensation in the manufacturing sector in the United States decreased by 1.7 percent from the previous quarter. The data are seasonally adjusted at annual rates. Labor compensation includes accrued wages and salaries, supplements, employer contributions to employee benefit plans, and taxes.

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

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Source

Release date

February 2021

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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