Table 1. Business sector: Labor productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Table 1. Business sector: Labor productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted.
Value-
Real added
Hourly hourly Unit output
Year Labor compen- compen- Unit nonlabor price
and produc- Hours sation sation labor payments deflator
quarter tivity Output worked (1) (2) costs (3) (4)
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Percent change from previous quarter at annual rate (5)
2026 I 0.6 1.4 0.9 2.9 -0.6 2.3 7.3 4.6
2025 ANNUAL 2.2 2.5 0.3 4.6 1.9 2.4 2.5 2.4 r
2025 IV 1.6 r 1.5 r -0.1 6.2 3.6 4.5 r 1.3 r 3.0 r
III 5.2 5.5 0.3 6.1 2.9 0.8 7.7 3.9
II 4.5 5.1 0.6 1.5 -0.2 -2.9 6.7 1.3
I -1.0 -1.1 -0.1 6.4 2.7 r 7.5 -1.2 3.5
2024 ANNUAL 3.0 3.0 0.0 5.4 2.4 2.4 1.5 2.0
2024 IV 1.9 1.7 -0.2 4.9 1.7 r 2.9 1.1 2.1
III 3.2 3.8 0.5 r 4.4 3.1 r 1.2 1.0 1.1
II 3.8 4.2 0.3 4.7 1.9 0.9 3.5 2.1
I 0.4 r 0.4 0.0 5.7 1.9 5.2 -0.2 2.7
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Percent change from corresponding quarter of previous year
2026 I 2.9 3.4 0.4 4.1 1.4 1.2 5.7 3.2
2025 ANNUAL 2.2 2.5 0.3 4.6 1.9 2.4 2.5 2.4 r
2025 IV 2.5 r 2.7 r 0.2 5.0 2.2 2.4 3.5 r 2.9 r
III 2.6 2.8 0.1 r 4.7 1.8 2.0 3.5 2.7
II 2.1 2.4 0.2 4.3 1.8 2.1 1.8 2.0
I 2.0 2.1 0.1 5.1 2.3 3.1 1.1 2.2
2024 ANNUAL 3.0 3.0 0.0 5.4 2.4 2.4 1.5 2.0
2024 IV 2.3 2.5 0.2 4.9 2.1 r 2.5 1.3 2.0
III 2.8 3.0 0.1 5.0 2.3 2.1 1.2 1.7
II 3.3 3.4 0.1 5.6 r 2.3 2.2 2.1 2.2
I 3.2 3.0 -0.2 5.9 2.6 r 2.6 1.3 2.0
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Indexes 2017=100
2026 I 119.9 126.4 105.5 149.5 111.3 124.7 137.2 130.2
2025 ANNUAL 118.1 r 124.4 r 105.3 r 145.3 r 110.2 r 123.1 r 132.8 r 127.3 r
2025 IV 119.7 r 126.0 r 105.3 r 148.4 r 111.5 r 124.0 r 134.8 r 128.7 r
III 119.2 r 125.5 105.3 r 146.2 r 110.5 r 122.6 r 134.4 r 127.8
II 117.7 r 123.8 105.2 r 144.1 r 109.7 r 122.4 r 131.9 r 126.5
I 116.4 r 122.3 105.0 r 143.5 r 109.8 r 123.3 r 129.8 r 126.1
2024 ANNUAL 115.6 r 121.4 105.0 r 138.9 r 108.2 r 120.2 r 129.5 r 124.3
2024 IV 116.7 r 122.6 105.1 r 141.3 r 109.1 r 121.1 r 130.2 r 125.1
III 116.2 r 122.1 105.1 r 139.6 r 108.6 r 120.2 r 129.9 r 124.4
II 115.3 r 121.0 105.0 r 138.1 r 107.8 r 119.9 r 129.6 r 124.1
I 114.2 r 119.8 104.9 r 136.5 r 107.3 r 119.6 r 128.4 r 123.5
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See footnotes following Table 6. May 7, 2026
r=revised Source: Bureau of Labor Statistics
Last Modified Date: May 07, 2026
United States Department of Labor
