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)
2026 III 4.1 3.9 -0.2 3.1 1.3 -0.9 5.5 2.0
II 2.0 r 2.4 r 0.4 3.8 r -2.2 r 1.8 r 13.3 r 7.0 r
I 1.1 r 2.0 r 0.9 4.9 r 1.3 r 3.8 r 4.4 r 4.1 r
2025 ANNUAL 2.4 r 2.7 r 0.3 4.3 r 1.6 r 1.9 r 3.0 r 2.4
2025 IV 1.1 r 1.0 r -0.1 5.9 r 3.3 r 4.7 r 0.8 r 2.9 r
III 4.5 r 4.8 r 0.3 4.4 r 1.3 r -0.1 r 8.0 r 3.6 r
II 4.4 r 5.1 0.6 3.3 r 1.7 r -1.1 r 5.0 r 1.7 r
I 0.0 r -0.1 r -0.1 5.2 r 1.5 r 5.2 r 0.7 r 3.1 r
2024 ANNUAL 3.1 r 3.1 r 0.0 5.2 r 2.2 r 2.0 r 2.1 r 2.0
2024 IV 2.6 r 2.4 r -0.2 4.5 r 1.3 r 1.9 r 2.9 r 2.3 r
III 2.9 r 3.5 r 0.6 r 4.0 r 2.6 r 1.1 r 0.5 r 0.8 r
II 3.7 r 4.0 r 0.4 r 4.3 r 1.5 r 0.6 r 3.9 r 2.1
I 1.1 r 1.1 r 0.0 5.4 r 1.6 r 4.2 r 0.9 r 2.7
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Percent change from corresponding quarter of previous year
2026 III 2.1 2.3 0.3 4.4 0.9 2.3 5.9 4.0
II 2.2 r 2.5 0.4 4.8 r 0.9 r 2.5 r 6.6 r 4.4 r
I 2.8 r 3.2 r 0.4 4.6 r 1.9 r 1.8 r 4.6 r 3.1 r
2025 ANNUAL 2.4 r 2.7 r 0.3 4.3 r 1.6 r 1.9 r 3.0 r 2.4
2025 IV 2.5 2.7 0.2 4.7 r 1.9 r 2.2 r 3.6 r 2.8 r
III 2.9 r 3.0 r 0.1 4.4 r 1.4 r 1.5 r 4.1 r 2.7
II 2.5 r 2.7 r 0.2 4.3 1.8 1.7 r 2.3 r 2.0
I 2.3 r 2.4 r 0.1 4.5 r 1.7 r 2.2 r 2.0 r 2.1 r
2024 ANNUAL 3.1 r 3.1 r 0.0 5.2 r 2.2 r 2.0 r 2.1 r 2.0
2024 IV 2.6 r 2.7 r 0.2 4.5 r 1.8 r 1.9 r 2.0 r 2.0
III 3.0 r 3.1 r 0.1 4.7 r 2.0 r 1.7 r 1.9 r 1.8 r
II 3.4 r 3.5 r 0.1 5.3 r 2.0 r 1.8 r 2.8 r 2.3 r
I 3.2 3.0 -0.2 5.8 r 2.5 r 2.5 r 1.7 r 2.1 r
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Indexes 2017=100
2026 III 122.2 129.0 105.6 152.0 111.1 124.4 143.4 132.7
II 121.0 r 127.7 r 105.6 r 150.9 r 110.7 r 124.7 r 141.5 r 132.1 r
I 120.4 r 127.0 r 105.5 r 149.5 r 111.3 r 124.2 r 137.2 r 129.9 r
2025 ANNUAL 118.7 r 125.0 r 105.3 r 144.8 r 109.8 r 122.0 r 133.8 r 127.2 r
2025 IV 120.0 r 126.4 r 105.3 147.7 r 111.0 r 123.0 r 135.7 r 128.6 r
III 119.7 r 126.0 r 105.3 r 145.6 r 110.1 r 121.6 r 135.4 r 127.6 r
II 118.4 r 124.6 r 105.2 r 144.0 r 109.7 r 121.6 r 132.8 r 126.5 r
I 117.1 r 123.0 r 105.0 r 142.8 r 109.3 r 122.0 r 131.2 r 126.0 r
2024 ANNUAL 115.9 r 121.7 r 105.0 r 138.8 r 108.2 r 119.8 r 129.9 r 124.2 r
2024 IV 117.1 r 123.1 r 105.1 r 141.0 r 108.9 r 120.4 r 131.0 r 125.0 r
III 116.4 r 122.3 r 105.1 r 139.5 r 108.5 r 119.9 r 130.0 r 124.3 r
II 115.5 r 121.3 r 105.0 r 138.1 r 107.8 r 119.5 r 129.9 r 124.1 r
I 114.5 r 120.1 r 104.9 r 136.7 r 107.4 r 119.4 r 128.6 r 123.4 r
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See footnotes following Table 6. November 5, 2026
r=revised Source: Bureau of Labor Statistics
Last Modified Date: November 05, 2026
United States Department of Labor
