The real hourly compensation in the nonfinancial corporate sector of the United States experienced an increase of 1.7 percent during the second quarter of 2024. 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 nonfinancial corporate sector real hourly compensation in the United States from the second quarter of 2020 to the second quarter of 2024
Characteristic
Percent change from preceding quarter
Q2 '24
1.7%
Q1 '24
7.5%
Q4 '23
1.4%
Q3 '23
0.7%
Q2 '23
2.8%
Q1 '23
1.8%
Q4 '22
-3.7%
Q3 '22
0.8%
Q2 '22
-7.6%
Q1 '22
-5.9%
Q4 '21
-4.1%
Q3 '21
1.8%
Q2 '21
-1.8%
Created with Highcharts 7.2.2Percent change from preceding quarter-11.3%-11.3%5.2%5.2%-3.6%-3.6%-1.8%-1.8%1.8%1.8%-4.1%-4.1%-5.9%-5.9%-7.6%-7.6%0.8%0.8%-3.7%-3.7%1.8%1.8%2.8%2.8%0.7%0.7%1.4%1.4%7.5%7.5%1.7%1.7%Q3 '20Q4 '20Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24
-15%-10%-5%0%5%10%
Add this content to your personal favorites. These can be accessed from the favorites menu in the main navigation.
Adjust the presentation of the statistic and data points.
Share the statistic on social media channels or embed the statistic in your
website using "Embed Code", where available.
Cite this statistic and select one of the following formats: APA, Chicago, Harvard, MLA & Bluebook.
Print the statistic including description and metadata.
Chart type
Quarterly percent change in the nonfinancial corporate sector real hourly compensation in the United States from the second quarter of 2020 to the second quarter of 2024
You have no right to use this feature.
Make sure to contact us if you are interested in scientific citation.
You can upgrade your account to enable this functionality for all statistics.
This feature is not available with your current account.Request access
Learn more about how Statista can support your business.
Bureau of Labor Statistics. (November 7, 2024). Quarterly percent change in the nonfinancial corporate sector real hourly compensation in the United States from the second quarter of 2020 to the second quarter of 2024 [Graph]. In Statista. Retrieved February 20, 2025, from https://www.statista.com/statistics/217248/quarterly-percent-change-in-us-nonfinancial-corporate-sector-real-compensation/
Bureau of Labor Statistics. "Quarterly percent change in the nonfinancial corporate sector real hourly compensation in the United States from the second quarter of 2020 to the second quarter of 2024." Chart. November 7, 2024. Statista. Accessed February 20, 2025. https://www.statista.com/statistics/217248/quarterly-percent-change-in-us-nonfinancial-corporate-sector-real-compensation/
Bureau of Labor Statistics. (2024). Quarterly percent change in the nonfinancial corporate sector real hourly compensation in the United States from the second quarter of 2020 to the second quarter of 2024. Statista. Statista Inc.. Accessed: February 20, 2025. https://www.statista.com/statistics/217248/quarterly-percent-change-in-us-nonfinancial-corporate-sector-real-compensation/
Bureau of Labor Statistics. "Quarterly Percent Change in The Nonfinancial Corporate Sector Real Hourly Compensation in The United States from The Second Quarter of 2020 to The Second Quarter of 2024." Statista, Statista Inc., 7 Nov 2024, https://www.statista.com/statistics/217248/quarterly-percent-change-in-us-nonfinancial-corporate-sector-real-compensation/
Bureau of Labor Statistics, Quarterly percent change in the nonfinancial corporate sector real hourly compensation in the United States from the second quarter of 2020 to the second quarter of 2024 Statista, https://www.statista.com/statistics/217248/quarterly-percent-change-in-us-nonfinancial-corporate-sector-real-compensation/ (last visited February 20, 2025)
Quarterly percent change in the nonfinancial corporate sector real hourly compensation in the United States from the second quarter of 2020 to the second quarter of 2024 [Graph], Bureau of Labor Statistics, November 7, 2024. [Online]. Available: https://www.statista.com/statistics/217248/quarterly-percent-change-in-us-nonfinancial-corporate-sector-real-compensation/
Profit from additional features with an Employee Account
Please create an employee account to be able to mark statistics as favorites.
Then you can access your favorite statistics via the star in the header.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.