Quarter | Labor productivity (annualized percent change) |
---|---|
Q4 2019 |
2.3 |
Q1 2020 |
-0.5 |
Q2 2020 |
17.3 |
Q3 2020 |
6.5 |
Q4 2020 |
-3.5 |
Q1 2021 |
3.4 |
Q2 2021 |
2.3 |
Q3 2021 |
-3.0 |
Q4 2021 |
3.0 |
Q1 2022 |
-6.0 |
Q2 2022 |
-3.7 |
Q3 2022 |
1.2 |
Q4 2022 |
1.6 |
Q1 2023 |
-1.2 |
Q2 2023 |
3.5 |
Note: Q1 = first quarter, Q2 = second quarter, Q3 = third quarter, Q4 = fourth quarter. Data are for the nonfarm business sector. Source: U.S. Bureau of Labor Statistics. |