March 8, 2012 (The Editor’s Desk is updated each business day.)

Unit labor costs and real hourly compensation, 2011

Over-the-year percent change in nonfarm business and manufacturing unit labor costs, 1989–2011, annual averages
Year Nonfarm business Manufacturing

1989

1.8 2.0

1990

4.3 2.6

1991

3.7 3.2

1992

1.3 0.9

1993

1.4 -0.3

1994

0.8 -1.0

1995

1.7 -2.8

1996

0.7 -1.9

1997

1.6 -2.8

1998

3.0 0.6

1999

0.9 -0.5

2000

3.9 3.2

2001

1.5 1.9

2002

-1.3 -1.6

2003

1.0 1.6

2004

0.7 -1.4

2005

2.3 -1.4

2006

2.8 1.1

2007

2.4 -0.7

2008

2.8 4.8

2009

-0.7 4.0

2010

-2.0 -4.2

2011

2.0 -0.8

These data are featured in the TED article, Unit labor costs and real hourly compensation, 2011.

 

Over-the-year percent change in nonfarm business and manufacturing real hourly compensation, 1989–2011, annual averages
Year Nonfarm business Manufacturing

1989

-1.7 -1.2

1990

1.1 -0.1

1991

1.6 2.3

1992

2.8 2.1

1993

-0.4 -0.2

1994

-0.3 0.4

1995

-0.3 -0.8

1996

0.6 -0.9

1997

0.9 0.3

1998

4.5 4.7

1999

2.2 2.3

2000

4.0 4.2

2001

1.6 1.0

2002

1.5 3.8

2003

2.4 5.6

2004

0.6 -1.9

2005

0.6 0.0

2006

0.5 -1.2

2007

1.1 0.4

2008

-0.4 0.4

2009

2.1 5.0

2010

0.3 -0.1

2011

-0.7 -1.3

These data are featured in the TED article, Unit labor costs and real hourly compensation, 2011.

 

 

OF INTEREST

Introducing a new chart-making tool for students!

Our new K-12 Chart Maker tool offers students and teachers a fun way to create interactive line, column, and bar charts.