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)
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Percent change from previous quarter at annual rate (5)
2022 I -7.6 r -2.4 r 5.6 r 4.1 r -4.6 r 12.7 r 3.7 r 8.9
2021 ANNUAL 1.9 7.2 5.2 5.8 r 1.1 r 3.8 r 5.5 r 4.5
2021 IV 6.3 8.9 2.4 10.7 r 2.6 r 4.1 r 12.5 r 7.5
III -3.7 1.8 5.7 6.7 0.0 10.8 -0.1 6.2
II 3.4 8.2 4.6 9.6 1.4 6.0 9.1 7.3
I 2.1 8.2 5.9 -0.4 -4.3 -2.5 17.2 5.1
2020 ANNUAL 2.5 -4.2 -6.6 6.9 5.6 4.3 -4.8 0.4
2020 IV -3.4 6.1 9.8 9.9 7.5 13.8 -13.7 1.6
III 7.3 44.7 34.9 -3.8 -8.2 -10.4 32.5 5.1
II 9.3 -36.8 -42.2 20.8 25.0 10.6 -23.1 -4.6
I -1.8 -6.8 -5.1 8.6 7.2 10.6 -12.8 0.0
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Percent change from corresponding quarter of previous year
2022 I -0.6 4.0 4.6 7.7 r -0.2 r 8.4 r 6.2 r 7.5
2021 ANNUAL 1.9 7.2 5.2 5.8 r 1.1 r 3.8 r 5.5 r 4.5
2021 IV 2.0 6.7 4.7 6.6 r -0.1 r 4.5 r 9.5 r 6.5
III -0.5 6.0 6.5 6.4 1.1 6.8 2.5 5.0
II 2.3 15.8 13.2 3.6 -1.1 1.3 10.0 4.7
I 3.7 1.2 -2.4 6.2 4.2 2.4 0.7 1.7
2020 ANNUAL 2.5 -4.2 -6.6 6.9 5.6 4.3 -4.8 0.4
2020 IV 2.7 -2.5 -5.0 8.5 7.2 5.7 -6.4 0.5
III 3.9 -3.5 -7.1 7.3 6.0 3.3 -3.3 0.4
II 2.4 -11.3 -13.4 8.4 7.9 5.9 -9.2 -0.6
I 1.0 0.3 -0.7 3.6 1.5 2.6 -0.6 1.2
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Indexes 2012=100
2022 I 111.3 r 126.5 r 113.7 r 141.9 r 114.3 r 127.6 r 112.7 r 121.1 r
2021 ANNUAL 112.5 124.4 110.6 136.0 r 115.1 r 120.9 r 108.7 r 115.6
2021 IV 113.5 127.3 112.2 140.5 r 115.7 r 123.8 r 111.7 r 118.5
III 111.8 124.6 111.5 137.0 115.0 122.6 108.4 116.4
II 112.8 124.1 110.0 134.8 115.0 119.5 108.5 114.6
I 111.9 121.6 108.7 131.7 114.6 117.7 106.1 112.6
2020 ANNUAL 110.4 116.0 105.1 128.6 113.9 116.5 103.1 110.6
2020 IV 111.3 119.3 107.2 131.9 115.8 118.5 102.0 111.3
III 112.3 117.5 104.7 128.8 113.8 114.7 105.8 110.8
II 110.3 107.2 97.2 130.1 116.2 117.9 98.6 109.5
I 107.9 120.2 111.4 124.1 109.9 115.0 105.3 110.8
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See footnotes following Table 6. June 2, 2022
r=revised Source: Bureau of Labor Statistics
Last Modified Date: June 02, 2022
United States Department of Labor
