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)
2018 III 1.9 4.1 2.1 2.8 r 0.8 r 0.9 r 1.1 r 1.0 r
II 3.6 5.1 1.5 0.5 r -1.1 r -2.9 r 12.7 r 3.6
I 0.6 2.5 1.9 4.3 0.8 3.7 -0.4 1.9
2017 ANNUAL 1.1 2.6 1.5 3.4 1.2 2.3 1.0 1.7
2017 IV -1.1 2.9 4.1 1.2 -2.1 2.4 3.6 2.9
III 2.8 3.5 0.7 5.6 3.4 2.8 0.9 2.0
II 1.6 3.7 2.1 1.3 1.2 -0.3 2.3 0.8
I -0.2 1.9 2.0 4.0 1.0 4.2 -1.3 1.8
2016 ANNUAL 0.2 1.7 1.5 1.0 -0.2 0.9 0.9 0.9
2016 IV 1.9 2.2 0.3 5.6 2.7 3.6 -0.6 1.7
III 1.6 2.2 0.6 2.5 0.6 0.9 1.7 1.3
II 0.7 2.6 1.9 0.3 -2.3 -0.4 7.7 3.1
I 0.2 1.6 1.4 0.0 0.1 -0.2 -1.5 -0.8
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Percent change from corresponding quarter of previous year
2018 III 1.2 3.6 2.4 2.2 r -0.4 r 1.0 r 4.1 r 2.3 r
II 1.4 3.5 2.0 2.9 r 0.2 r 1.4 r 4.1 r 2.6
I 0.9 3.1 2.2 3.1 0.8 2.1 1.6 1.9
2017 ANNUAL 1.1 2.6 1.5 3.4 1.2 2.3 1.0 1.7
2017 IV 0.8 3.0 2.2 3.0 0.9 2.3 1.4 1.9
III 1.5 2.8 1.3 4.1 2.1 2.6 0.3 1.6
II 1.2 2.5 1.3 3.3 1.4 2.1 0.5 1.4
I 1.0 2.2 1.2 3.1 0.5 2.1 1.8 2.0
2016 ANNUAL 0.2 1.7 1.5 1.0 -0.2 0.9 0.9 0.9
2016 IV 1.1 2.1 1.0 2.1 0.3 1.0 1.8 1.3
III -0.1 1.6 1.8 0.5 -0.7 0.6 1.0 0.8
II -0.4 1.3 1.6 0.4 -0.7 0.7 0.9 0.8
I 0.1 1.6 1.6 1.2 0.1 1.2 -0.2 0.6
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Indexes 2012=100
2018 III 105.9 r 118.7 112.1 r 115.2 r 104.9 r 108.7 r 109.5 r 109.1 r
II 105.4 117.5 111.5 114.4 r 104.6 r 108.5 r 109.2 r 108.8
I 104.5 116.0 111.1 114.2 104.9 109.3 106.0 107.9
2017 ANNUAL 104.1 114.0 109.5 111.9 104.6 107.5 105.1 106.5
2017 IV 104.3 115.3 110.6 113.0 104.7 108.3 106.1 107.4
III 104.6 114.5 109.5 112.7 105.3 107.7 105.1 106.6
II 103.9 113.5 109.3 111.2 104.4 107.0 104.9 106.1
I 103.5 112.5 108.7 110.8 104.1 107.0 104.3 105.8
2016 ANNUAL 102.9 111.1 107.9 108.2 103.4 105.2 104.1 104.7
2016 IV 103.5 112.0 108.2 109.7 103.8 105.9 104.6 105.4
III 103.1 111.4 108.1 108.2 103.1 105.0 104.8 104.9
II 102.7 110.8 107.9 107.6 103.0 104.8 104.4 104.6
I 102.5 110.1 107.4 107.5 103.6 104.9 102.4 103.8
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See footnotes following Table 6. December 6, 2018
r=revised Source: Bureau of Labor Statistics
Last Modified Date: December 06, 2018
