Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted



Table 2. Nonfarm business sector: Labor productivity, hourly compensation, unit labor costs, and
prices, seasonally adjusted.
                                                          Real
                                               Hourly     hourly                Unit       Implicit
Year          Labor                            compen-    compen-     Unit      nonlabor   price
and           produc-               Hours      sation     sation      labor     payments   deflator
quarter       tivity     Output     worked     (1)        (2)         costs     (3)        (4)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate (5)

2016 I        -1.0         0.4        1.5        3.0        3.4        4.1       -4.3        0.5  

2015 ANNUAL    0.7         2.9 r      2.1        2.8        2.7        2.1       -0.5        1.0  

2015 IV       -1.7 r       1.5 r      3.3 r      0.9 r      0.1 r      2.7 r     -1.6 r      0.9  
     III       2.0         1.8       -0.2        2.3        1.0 r      0.4        1.9        1.0  
     II        3.1         5.1        1.9        5.2        2.6 r      2.0        2.8        2.3  
     I        -0.8         0.5        1.3        1.8        4.8 r      2.6       -2.3        0.5  

2014 ANNUAL    0.8         3.0        2.2        2.8        1.2        2.0        0.9        1.5  

2014 IV       -1.7         2.6        4.4        3.9        4.2 r      5.7       -8.1       -0.5  
     III       3.1         5.5        2.3        3.3        2.4 r      0.1        4.1        1.8  
     II        2.4         5.4        3.0       -1.3       -3.2 r     -3.5        9.5        1.9  
     I        -3.1        -1.2        2.0        5.9        3.6 r      9.4       -8.5        1.3  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2016 I         0.6         2.2        1.6        2.8        1.7        2.3       -0.4        1.1  

2015 ANNUAL    0.7         2.9 r      2.1        2.8        2.7        2.1       -0.5        1.0  

2015 IV        0.6 r       2.2 r      1.6        2.5 r      2.1        1.9 r      0.2 r      1.2  
     III       0.6         2.5        1.8        3.3        3.1        2.7       -1.5        0.8  
     II        0.9         3.4        2.5        3.5        3.5        2.6       -1.0        1.0  
     I         0.7         3.5        2.7        1.9        2.0        1.2        0.6        0.9  

2014 ANNUAL    0.8         3.0        2.2        2.8        1.2        2.0        0.9        1.5  

2014 IV        0.1         3.0        2.9        2.9        1.7        2.8       -1.1        1.1  
     III       1.5         3.7        2.2        2.6        0.8        1.1        2.5        1.7  
     II        1.0         3.2        2.1        2.0       -0.1        0.9        2.9        1.8  
     I         0.4         2.1        1.7        3.8        2.4        3.4       -0.7        1.6  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2016 I       105.9       118.3      111.8      116.1      104.7      109.7      109.5      109.6  

2015 ANNUAL  106.0 r     117.2 r    110.6 r    114.4 r    103.5 r    107.9 r    110.6 r    109.0  

2015 IV      106.1 r     118.2 r    111.4 r    115.2 r    103.8 r    108.6 r    110.7 r    109.5  
     III     106.6       117.7      110.5      115.0      103.8 r    107.9      111.1      109.2  
     II      106.1       117.2      110.5      114.3      103.6 r    107.8      110.6      109.0  
     I       105.3       115.8      110.0      112.9      102.9 r    107.2      109.9      108.3  

2014 ANNUAL  105.3       114.0      108.3      111.2      100.8      105.7      111.1      107.9  

2014 IV      105.5       115.6      109.6      112.4      101.7 r    106.6      110.5      108.2  
     III     105.9       114.9      108.5      111.3      100.7 r    105.1      112.9      108.3  
     II      105.1       113.4      107.9      110.4      100.1 r    105.0      111.8      107.8  
     I       104.5       111.9      107.1      110.8      100.9 r    106.0      109.2      107.4  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                        May 4, 2016
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: May 04, 2016