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)
2019 I 3.7 4.1 0.4 2.8 1.9 -0.8 0.6 -0.2
2018 ANNUAL 1.4 3.4 r 2.0 r 2.9 r 0.4 1.5 r 3.2 r 2.2
2018 IV 1.2 r 2.6 r 1.4 r 3.6 2.1 2.4 r 0.7 r 1.6 r
III 1.5 r 3.9 2.4 r 3.2 1.2 1.8 0.3 1.1
II 3.5 r 5.1 1.5 r 0.4 r -1.7 r -3.0 12.8 3.6
I 0.9 2.5 1.5 r 4.7 r 1.4 r 3.7 -0.5 1.9
2017 ANNUAL 1.1 2.6 1.5 3.4 1.3 r 2.3 1.0 1.7
2017 IV -1.1 r 2.9 4.0 r 1.2 r -1.9 r 2.4 r 3.6 r 2.9
III 2.8 3.5 0.6 r 5.7 r 3.5 r 2.8 0.9 2.0
II 1.6 3.7 2.0 r 1.4 r 1.0 r -0.3 2.3 0.8
I -0.1 r 1.9 2.0 4.1 r 1.2 r 4.2 -1.3 1.8
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Percent change from corresponding quarter of previous year
2019 I 2.4 3.9 1.4 2.5 0.8 0.1 3.5 1.5
2018 ANNUAL 1.4 3.4 r 2.0 r 2.9 r 0.4 1.5 r 3.2 r 2.2
2018 IV 1.8 r 3.5 r 1.7 3.0 r 0.7 1.2 r 3.2 r 2.1
III 1.2 r 3.6 2.4 2.4 r -0.2 r 1.2 3.9 2.4
II 1.5 r 3.5 1.9 r 3.0 r 0.3 r 1.4 4.1 2.6
I 1.1 r 3.1 2.0 r 3.2 r 1.0 2.1 1.6 1.9
2017 ANNUAL 1.1 2.6 1.5 3.4 1.3 r 2.3 1.0 1.7
2017 IV 0.8 r 3.0 2.2 3.1 r 0.9 2.3 1.4 1.9
III 1.6 r 2.8 1.2 4.2 r 2.2 r 2.6 0.3 1.6
II 1.2 2.5 1.2 r 3.4 r 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
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Indexes 2012=100
2019 I 107.2 120.6 112.5 117.3 106.1 109.4 109.6 109.5
2018 ANNUAL 105.6 r 117.9 r 111.7 r 115.2 r 105.1 r 109.1 r 108.5 r 108.8 r
2018 IV 106.2 r 119.4 r 112.4 r 116.5 r 105.6 r 109.6 r 109.4 r 109.6 r
III 105.9 r 118.6 112.0 r 115.4 r 105.1 r 109.0 r 109.3 r 109.1
II 105.5 r 117.5 111.3 r 114.5 r 104.7 r 108.5 r 109.2 r 108.8
I 104.6 r 116.0 110.9 r 114.4 r 105.2 r 109.3 r 105.9 r 107.9
2017 ANNUAL 104.1 r 114.0 109.5 r 112.0 r 104.7 r 107.5 r 105.1 r 106.5
2017 IV 104.4 r 115.3 110.5 r 113.1 r 104.8 r 108.3 r 106.1 r 107.4
III 104.7 r 114.5 109.4 r 112.7 r 105.3 r 107.7 r 105.1 r 106.6
II 103.9 r 113.5 109.2 r 111.2 r 104.4 r 107.0 r 104.9 r 106.1
I 103.5 r 112.5 108.7 r 110.8 r 104.2 r 107.1 r 104.3 r 105.8
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See footnotes following Table 6. May 2, 2019
r=revised Source: Bureau of Labor Statistics
Last Modified Date: May 02, 2019
