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Nonfarm Business Sector: Hourly Compensation for All Workers (COMPNFB)

Observations

Q4 2024: 139.534
Updated: Mar 6, 2025 7:36 AM CST
Q4 2024:  139.534  
Q3 2024:  138.247  
Q2 2024:  137.798  
Q1 2024:  137.423  
Q4 2023:  134.174  

Units:

Index 2017=100,
Seasonally Adjusted

Frequency:

Quarterly
1Y5Y10YMax
to
Date:
Bar 1 - Nonfarm Business Sector: Hourly Compensation for All Workers Vintage: 2025-02-06
Bar 1
(a) Nonfarm Business Sector: Hourly Compensation for All Workers, Index 2017=100, Seasonally Adjusted (COMPNFB)
The Productivity and Costs release on August 7, 2003, will reflect the June 2003 benchmark revision to payroll employment. Since employment is now reported on a North American Industry Classification System (NAICS) basis, all of the historical data will be revised. Changes as a consequence of the move to NAICS should not be significant since this release carries data at high levels of aggregation.

Select a date that will equal 100 for your custom index:
  Enter date as YYYY-MM-DD
to

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

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    Now create a custom formula to combine or transform the series.

    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

    Finally, you can change the units of your new series.

    Select a date that will equal 100 for your custom index:
        Enter date as YYYY-MM-DD

    Bar 1 - Nonfarm Business Sector: Hourly Compensation for All Workers Vintage: 2025-02-06
    Bar 2
    (a) Nonfarm Business Sector: Hourly Compensation for All Workers, Index 2017=100, Seasonally Adjusted (COMPNFB)
    The Productivity and Costs release on August 7, 2003, will reflect the June 2003 benchmark revision to payroll employment. Since employment is now reported on a North American Industry Classification System (NAICS) basis, all of the historical data will be revised. Changes as a consequence of the move to NAICS should not be significant since this release carries data at high levels of aggregation.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      Bar 1
      Nonfarm Business Sector: Hourly Compensation for All Workers Vintage: 2025-02-06
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      Bar 2
      Nonfarm Business Sector: Hourly Compensation for All Workers Vintage: 2025-03-06
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      Notes

      Title Release Dates
      Nonfarm Business Sector: Compensation Per Hour 1997-03-11 2018-08-14
      Nonfarm Business Sector: Hourly Compensation for All Workers 2018-08-15 2025-03-06
       
      Source    
      U.S. Bureau of Labor Statistics 1997-03-11 2025-03-06
       
      Release    
      Productivity and Costs 1997-03-11 2025-03-06
       
      Units    
      Index 1992=100 1997-03-11 2010-08-09
      Index 2005=100 2010-08-10 2013-08-15
      Index 2009=100 2013-08-16 2018-08-14
      Index 2012=100 2018-08-15 2023-12-05
      Index 2017=100 2023-12-06 2025-03-06
       
      Frequency    
      Quarterly 1997-03-11 2025-03-06
       
      Seasonal Adjustment    
      Seasonally Adjusted 1997-03-11 2025-03-06
       
      Notes    
      The Productivity and Costs release on August 7, 2003,
      will reflect the June 2003 benchmark revision to payroll
      employment. Since employment is now reported on
      a North American Industry Classification System (NAICS) basis,
      all of the historical data will be revised.
      Changes as a consequence of the move to
      NAICS should not be significant since this release
      carries data at high levels of aggregation.

      		1997-03-11 2025-03-06

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