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Labor Productivity and Costs
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LPC News Releases

Productivity increases 5.4% in Q1 2021; unit labor costs decrease 0.3% (annual rates)

05/06/2021

Productivity increased 5.4 percent in the nonfarm business sector in the first quarter of 2021; unit labor costs decreased 0.3 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 0.1 percent and unit labor costs increased 4.6 percent.
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Productivity rises in 42 of 90 manufacturing and mining industries in 2020

04/29/2021

Labor productivity increased in 41 of the 86 NAICS 4-digit manufacturing industries and in 1 of the 4 mining industries in 2020. 80 percent of the industries recorded declines in both output and hours worked.
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Productivity rises in 30 of 46 wholesale and retail trade industries in 2019

07/30/2020

Retail trade productivity increased 5.3 percent in 2019, the largest increase since 1999. Wholesale trade productivity rose 0.4 percent, carried by growth in nondurable goods industries. Unit labor costs fell in retail trade and increased in wholesale trade.
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Productivity rises in 14 of 29 selected service-providing industries in 2019

05/28/2020

Labor productivity rose in 14 of 29 service-providing industries in 2019. Output increased in 17 industries in 2019 while hours worked increased in 18 industries.
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