Table 2. Nonfarm business sector: Labor 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.
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 III 3.6 3.7 0.1 2.9 1.1 -0.7 5.2 2.0
II 2.1 r 2.4 r 0.3 4.0 r -1.9 r 1.9 r 13.2 r 7.0 r
I 1.4 r 2.1 r 0.7 5.1 r 1.5 r 3.7 r 4.9 r 4.2 r
2025 ANNUAL 2.3 r 2.7 r 0.4 4.2 r 1.4 r 1.9 r 3.0 r 2.4
2025 IV 1.2 r 1.0 r -0.2 6.0 r 3.4 r 4.7 r 1.1 r 3.0 r
III 4.5 r 4.7 r 0.2 4.6 r 1.4 r 0.1 r 8.2 r 3.7 r
II 4.2 5.2 0.9 r 3.0 r 1.4 r -1.1 r 5.9 r 2.0 r
I -0.1 r -0.1 r 0.0 5.1 r 1.4 r 5.2 r 0.4 r 3.0 r
2024 ANNUAL 3.2 r 3.2 r 0.0 r 5.2 r 2.2 r 2.0 r 2.3 r 2.1 r
2024 IV 2.1 r 2.4 r 0.3 4.0 r 0.7 r 1.8 r 2.5 r 2.1 r
III 3.4 r 3.6 r 0.2 4.4 r 3.1 r 1.0 r 0.3 r 0.7 r
II 3.6 r 3.9 r 0.3 4.4 r 1.6 r 0.8 r 4.0 r 2.2
I 1.2 r 1.2 r 0.0 5.5 r 1.7 r 4.3 r 0.7 r 2.6 r
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Percent change from corresponding quarter of previous year
2026 III 2.1 2.3 0.2 4.5 1.0 2.4 6.0 4.1
II 2.3 r 2.5 0.2 4.9 r 1.1 r 2.6 r 6.7 r 4.5 r
I 2.8 r 3.2 r 0.4 4.7 r 1.9 r 1.8 r 5.0 r 3.2 r
2025 ANNUAL 2.3 r 2.7 r 0.4 4.2 r 1.4 r 1.9 r 3.0 r 2.4
2025 IV 2.4 r 2.7 0.2 4.7 r 1.9 r 2.2 r 3.8 r 2.9 r
III 2.7 r 3.0 r 0.4 4.2 r 1.2 r 1.5 r 4.2 r 2.7
II 2.4 r 2.8 r 0.3 r 4.1 1.6 r 1.7 r 2.2 r 1.9
I 2.3 r 2.5 r 0.2 4.5 r 1.7 r 2.2 r 1.8 r 2.0
2024 ANNUAL 3.2 r 3.2 r 0.0 r 5.2 r 2.2 r 2.0 r 2.3 r 2.1 r
2024 IV 2.6 r 2.8 r 0.2 4.6 r 1.8 r 1.9 r 1.8 r 1.9
III 3.1 r 3.2 r 0.1 r 4.8 r 2.1 r 1.7 r 2.0 r 1.8
II 3.5 r 3.6 r 0.1 5.3 r 2.0 r 1.8 r 3.2 r 2.4 r
I 3.4 r 3.2 r -0.2 5.9 r 2.6 2.4 r 2.2 r 2.3 r
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Indexes 2017=100
2026 III 121.9 129.1 105.9 151.7 110.8 124.4 143.5 132.7
II 120.9 r 128.0 r 105.9 r 150.6 r 110.5 r 124.6 r 141.7 r 132.0 r
I 120.2 r 127.2 r 105.8 r 149.1 r 111.1 r 124.0 r 137.4 r 129.8 r
2025 ANNUAL 118.4 r 125.2 r 105.7 r 144.4 r 109.5 r 121.9 r 133.8 r 127.1 r
2025 IV 119.8 r 126.6 r 105.6 r 147.3 r 110.6 r 122.9 r 135.8 r 128.5 r
III 119.5 r 126.2 r 105.7 r 145.1 r 109.7 r 121.5 r 135.4 r 127.5 r
II 118.2 r 124.8 r 105.6 r 143.5 r 109.3 r 121.5 r 132.8 r 126.4 r
I 117.0 r 123.3 r 105.4 r 142.5 r 109.0 r 121.8 r 130.9 r 125.8 r
2024 ANNUAL 115.8 r 121.9 r 105.3 r 138.6 r 108.0 r 119.7 r 129.8 r 124.1 r
2024 IV 117.0 r 123.3 r 105.4 r 140.7 r 108.6 r 120.3 r 130.8 r 124.8 r
III 116.4 r 122.5 r 105.3 r 139.3 r 108.4 r 119.7 r 130.0 r 124.2 r
II 115.4 r 121.5 r 105.3 r 137.8 r 107.6 r 119.5 r 129.9 r 124.0 r
I 114.4 r 120.3 r 105.2 r 136.4 r 107.1 r 119.2 r 128.6 r 123.3 r
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See footnotes following Table 6. November 5, 2026
r=revised Source: Bureau of Labor Statistics
Last Modified Date: November 05, 2026
United States Department of Labor
