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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.
                                                          Real
                                               Hourly     hourly                Unit       Implicit
Year          Labor                            compen-    compen-     Unit      nonlabor   price
and           produc-               Hours      sation     sation      labor     payments   deflator
quarter       tivity     Output     worked     (1)        (2)         costs     (3)        (4)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate (5)

2019 III      -0.3         2.2        2.5        3.3        1.5        3.6       -1.9        1.2  
     II        2.8 r       2.0 r     -0.7 r      5.2        2.3 r      2.4 r      3.8 r      3.0 r
     I         3.6         3.9        0.3        9.5        8.5        5.7       -7.2       -0.1  

2018 ANNUAL    1.3         3.4        2.0        3.2        0.8        1.9        2.8        2.3  

2018 IV        0.0         1.2        1.3        0.5       -1.0        0.5        2.1        1.2  
     III       0.8         3.4        2.6        2.6        0.6        1.7        1.1        1.5  
     II        2.4         4.0        1.5        0.7       -1.4       -1.7       10.8        3.6  
     I         1.3         2.9        1.6        4.7        1.4        3.4        0.1        2.0  

2017 ANNUAL    1.3         2.8        1.5        3.5        1.3        2.1        1.2        1.7  

2017 IV        0.1         4.1        4.0        4.4        1.2        4.3        0.7        2.7  
     III       3.4         4.0        0.5        5.0        2.8        1.5        2.9        2.1  
     II        0.4         2.6        2.2        2.1        1.7        1.7        0.3        1.1  
     I         0.6         2.6        2.0        3.5        0.7        2.9        0.1        1.7  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2019 III       1.5         2.3        0.8        4.6        2.8        3.0       -0.9        1.3  
     II        1.8 r       2.7        0.9        4.4        2.5        2.6       -0.1 r      1.4  
     I         1.7         3.1        1.4        3.3        1.6        1.5        1.5        1.5  

2018 ANNUAL    1.3         3.4        2.0        3.2        0.8        1.9        2.8        2.3  

2018 IV        1.1         2.9        1.7        2.1       -0.1        1.0        3.5        2.1  
     III       1.2         3.6        2.4        3.1        0.5        1.9        3.1        2.4  
     II        1.8         3.7        1.9        3.7        1.0        1.9        3.5        2.6  
     I         1.3         3.4        2.1        4.0        1.8        2.7        1.0        2.0  

2017 ANNUAL    1.3         2.8        1.5        3.5        1.3        2.1        1.2        1.7  

2017 IV        1.1         3.3        2.2        3.7        1.6        2.6        1.0        1.9  
     III       1.7         2.9        1.2        4.0        1.9        2.2        0.9        1.6  
     II        1.3         2.6        1.3        3.3        1.3        2.0        0.7        1.4  
     I         1.3         2.5        1.2        3.0        0.4        1.7        2.2        1.9  
---------------------------------------------------------------------------------------------------
                                         Indexes 2012=100

2019 III     107.8       121.8      113.0      121.4      108.6      112.6      107.8      110.5  
     II      107.9 r     121.2 r    112.3 r    120.4 r    108.2 r    111.6 r    108.3 r    110.2 r
     I       107.2       120.6      112.5      118.9      107.6      110.9      107.3      109.4  

2018 ANNUAL  106.0       118.3      111.7      115.7      105.6      109.2      108.1      108.7  

2018 IV      106.3       119.4      112.4      116.2      105.4      109.4      109.4      109.4  
     III     106.3       119.0      112.0      116.1      105.7      109.3      108.8      109.1  
     II      106.0       118.0      111.3      115.4      105.5      108.8      108.5      108.7  
     I       105.4       116.9      110.9      115.1      105.9      109.2      105.7      107.7  

2017 ANNUAL  104.6       114.4      109.4      112.1      104.8      107.2      105.2      106.3  

2017 IV      105.1       116.1      110.5      113.8      105.5      108.3      105.7      107.2  
     III     105.0       114.9      109.4      112.6      105.2      107.2      105.5      106.5  
     II      104.2       113.8      109.2      111.2      104.5      106.8      104.8      105.9  
     I       104.0       113.1      108.7      110.7      104.0      106.4      104.7      105.6  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                   November 6, 2019
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: November 06, 2019