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)
2025 II 3.6 r 4.4 r 0.7 r 4.6 r 2.9 r 1.0 r 1.6 r 1.3
I -2.0 -0.9 1.1 5.1 1.3 7.3 -0.6 3.7
2024 ANNUAL 2.8 3.0 0.1 5.2 2.2 2.4 1.2 1.9
2024 IV 2.2 2.5 0.3 6.1 2.9 3.8 -0.2 2.0
III 2.4 3.5 1.1 0.9 -0.5 -1.4 4.8 1.4
II 2.3 3.3 1.0 1.1 -1.6 -1.1 6.4 2.2
I 1.7 1.4 -0.3 10.0 6.1 8.2 -4.5 2.2
2023 ANNUAL 1.9 2.9 1.0 4.1 0.0 2.2 4.9 3.4
2023 IV 3.6 3.4 -0.2 4.8 2.0 1.2 0.3 0.8
III 4.7 4.9 0.2 5.9 2.3 1.2 4.8 2.8
II 3.3 2.5 -0.7 6.1 3.0 2.7 -0.3 1.3
I 0.7 2.5 1.8 3.8 0.1 3.1 4.4 3.7
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Percent change from corresponding quarter of previous year
2025 II 1.5 r 2.3 r 0.8 r 4.2 r 1.7 r 2.6 r 1.4 r 2.1
I 1.2 2.1 0.9 3.3 0.5 2.1 2.6 2.3
2024 ANNUAL 2.8 3.0 0.1 5.2 2.2 2.4 1.2 1.9
2024 IV 2.1 2.7 0.5 4.5 1.7 2.3 1.6 2.0
III 2.5 2.9 0.4 4.2 1.5 1.6 1.7 1.7
II 3.1 3.2 0.2 5.4 2.2 2.3 1.7 2.0
I 3.3 3.0 -0.3 6.7 3.3 3.3 0.0 1.8
2023 ANNUAL 1.9 2.9 1.0 4.1 0.0 2.2 4.9 3.4
2023 IV 3.0 3.3 0.3 5.2 1.9 2.0 2.3 2.1
III 2.9 3.4 0.5 4.1 0.5 1.2 4.9 2.9
II 1.7 2.8 1.1 4.5 0.4 2.7 3.9 3.2
I 0.1 2.1 1.9 3.1 -2.5 3.0 8.8 5.6
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Indexes 2017=100
2025 II 116.4 r 123.4 r 106.0 r 143.8 r 109.6 r 123.5 r 130.2 r 126.4 r
I 115.4 122.1 105.8 142.2 108.8 123.2 129.6 126.0
2024 ANNUAL 115.0 121.1 105.2 138.6 108.0 120.5 128.6 124.1
2024 IV 116.0 122.4 105.5 140.4 108.4 121.1 129.8 124.9
III 115.4 121.6 105.4 138.4 107.6 119.9 129.9 124.3
II 114.7 120.6 105.1 138.1 107.8 120.4 128.4 123.9
I 114.1 119.6 104.8 137.7 108.2 120.7 126.4 123.2
2023 ANNUAL 111.9 117.6 105.1 131.7 105.6 117.7 127.1 121.8
2023 IV 113.6 119.2 104.9 134.4 106.6 118.4 127.8 122.5
III 112.6 118.2 105.0 132.9 106.1 118.0 127.7 122.3
II 111.3 116.8 104.9 131.0 105.5 117.7 126.2 121.4
I 110.4 116.1 105.1 129.0 104.7 116.9 126.4 121.0
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See footnotes following Table 6. September 4, 2025
r=revised Source: Bureau of Labor Statistics
Last Modified Date: September 04, 2025
United States Department of Labor
