Table 1. Business sector: Labor productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Table 1. 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)
2022 ANNUAL -1.3 2.2 3.6 4.5 -3.2 5.8 9.3 7.3
2022 IV 3.2 3.3 0.1 4.5 1.4 1.3 5.3 3.0
III 1.1 r 3.5 r 2.4 r 3.2 r -2.3 r 2.0 r 6.2 r 3.8 r
II -3.8 -1.4 2.5 2.7 -7.1 6.8 15.3 10.4
I -6.0 -2.4 3.8 2.0 -6.6 8.6 8.5 8.5
2021 ANNUAL 2.4 7.7 5.1 5.0 0.3 2.6 8.3 4.9
2021 IV 4.5 9.0 4.4 8.4 0.4 3.8 12.2 7.3
III -2.1 2.6 4.8 7.1 0.4 9.4 2.7 6.5
II 2.9 8.7 5.7 7.6 -0.5 4.6 11.0 7.3
I 2.9 8.1 5.0 -1.1 -5.0 -4.0 22.5 6.3
2020 ANNUAL 4.3 -3.4 -7.4 8.0 6.7 3.5 -3.8 0.4
2020 IV -4.5 5.3 10.2 8.8 6.4 13.8 -11.6 2.4
III 8.3 47.1 35.9 -4.6 -9.0 -11.9 33.3 4.6
II 16.6 -35.1 -44.3 24.9 29.2 7.2 -19.2 -4.5
I -0.9 -6.3 -5.5 9.7 8.3 10.7 -12.2 0.3
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Percent change from corresponding quarter of previous year
2022 ANNUAL -1.3 2.2 3.6 4.5 -3.2 5.8 9.3 7.3
2022 IV -1.4 0.7 2.2 3.1 -3.7 4.6 8.8 6.4
III -1.2 r 2.1 r 3.3 4.0 -3.9 r 5.3 r 10.5 r 7.5 r
II -2.0 1.8 3.9 5.0 -3.3 7.1 9.6 8.2
I -0.3 4.4 4.7 6.2 -1.6 6.6 8.5 7.4
2021 ANNUAL 2.4 7.7 5.1 5.0 0.3 2.6 8.3 4.9
2021 IV 2.0 7.1 5.0 5.4 -1.2 3.3 11.9 6.8
III -0.3 6.1 6.4 5.5 0.2 5.8 5.4 5.6
II 2.3 16.1 13.5 2.5 -2.2 0.2 12.5 5.1
I 5.5 2.1 -3.3 6.4 4.4 0.8 3.9 2.1
2020 ANNUAL 4.3 -3.4 -7.4 8.0 6.7 3.5 -3.8 0.4
2020 IV 4.6 -1.5 -5.8 9.2 7.9 4.5 -4.4 0.6
III 6.4 -2.3 -8.2 8.7 7.3 2.1 -2.1 0.3
II 4.8 -10.4 -14.5 10.1 9.6 5.0 -8.0 -0.7
I 1.4 0.5 -0.9 4.1 2.0 2.6 -0.9 1.1
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Indexes 2012=100
2022 ANNUAL 113.8 128.8 113.1 143.0 112.0 125.6 123.4 124.6
2022 IV 114.4 130.0 113.6 145.0 111.5 126.7 126.6 126.7
III 113.5 r 129.0 r 113.6 r 143.4 r 111.1 r 126.3 r 125.0 r 125.7 r
II 113.2 127.9 113.0 142.3 111.8 125.7 123.1 124.5
I 114.3 128.3 112.3 141.3 113.8 123.6 118.8 121.5
2021 ANNUAL 115.3 126.0 109.3 136.8 115.7 118.7 112.8 116.1
2021 IV 116.1 129.1 111.2 140.6 115.8 121.1 116.4 119.0
III 114.8 126.4 110.0 137.8 115.7 120.0 113.1 117.0
II 115.5 125.5 108.7 135.5 115.6 117.3 112.3 115.1
I 114.7 123.0 107.2 133.0 115.7 116.0 109.4 113.1
2020 ANNUAL 112.6 117.0 103.9 130.3 115.4 115.7 104.2 110.6
2020 IV 113.8 120.6 105.9 133.4 117.2 117.2 104.0 111.4
III 115.1 119.0 103.4 130.6 115.4 113.5 107.3 110.8
II 112.9 108.1 95.8 132.2 118.1 117.1 99.8 109.5
I 108.6 120.4 110.8 125.0 110.8 115.1 105.3 110.8
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See footnotes following Table 6. February 2, 2023
r=revised Source: Bureau of Labor Statistics
Last Modified Date: February 02, 2023
United States Department of Labor
