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)
2020 ANNUAL 2.5 r -4.1 -6.4 r 6.3 r 4.9 r 3.7 r -3.5 r 0.6
2020 IV -4.9 r 5.5 r 10.9 r 0.8 r -1.6 r 6.0 r -3.3 r 2.0 r
III 5.5 r 44.2 36.7 r -4.8 r -9.1 r -9.7 r 29.2 r 4.6
II 10.1 r -36.8 -42.6 r 23.6 r 27.5 r 12.3 r -23.8 r -4.3
I -0.4 r -6.0 -5.7 r 8.8 r 7.3 r 9.3 r -9.5 r 0.8
2019 ANNUAL 1.7 2.4 0.7 3.7 r 1.8 1.9 0.9 1.5
2019 IV 1.4 2.8 1.4 3.3 r 0.9 r 1.9 r 0.4 r 1.2
III 0.3 r 2.9 2.6 r -0.2 r -2.0 r -0.5 r 3.2 r 1.1
II 2.0 r 1.3 -0.7 r 1.3 r -1.7 r -0.7 r 8.0 r 3.0
I 3.8 r 3.6 -0.2 r 9.5 r 8.5 r 5.5 r -6.0 r 0.4
2018 ANNUAL 1.6 3.5 1.9 3.4 0.9 1.8 2.7 2.2
2018 IV 0.6 r 1.5 0.9 r 1.5 0.2 r 0.9 2.1 r 1.4
III 0.7 r 2.3 1.6 r 4.6 r 2.4 r 3.9 r -2.2 r 1.1
II 1.2 r 3.0 1.8 r 1.3 r -0.9 r 0.1 r 8.2 r 3.6
I 2.4 r 4.5 2.0 r 2.7 -0.6 0.3 r 4.3 r 2.0
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Percent change from corresponding quarter of previous year
2020 ANNUAL 2.5 r -4.1 -6.4 r 6.3 r 4.9 r 3.7 r -3.5 r 0.6
2020 IV 2.4 r -2.5 r -4.8 r 6.6 r 5.2 r 4.1 r -3.7 r 0.7
III 4.1 r -3.1 -6.9 r 7.2 r 5.9 r 3.1 r -2.7 r 0.5
II 2.8 r -11.0 -13.4 r 8.5 7.9 r 5.6 r -8.1 -0.3
I 0.8 r 0.2 -0.7 r 3.2 r 1.1 r 2.4 0.3 1.5
2019 ANNUAL 1.7 2.4 0.7 3.7 r 1.8 1.9 0.9 1.5
2019 IV 1.9 r 2.6 0.8 3.4 r 1.3 1.5 r 1.3 r 1.4
III 1.7 2.3 0.6 2.9 1.2 r 1.3 r 1.7 r 1.5
II 1.8 r 2.2 0.4 r 4.2 r 2.3 2.4 0.3 r 1.5
I 1.6 r 2.6 1.0 4.2 r 2.5 2.6 0.4 1.6
2018 ANNUAL 1.6 3.5 1.9 3.4 0.9 1.8 2.7 2.2
2018 IV 1.2 r 2.8 1.6 r 2.5 r 0.3 r 1.3 3.0 r 2.0
III 1.4 r 3.6 2.2 3.5 r 0.8 r 2.0 r 2.7 2.3
II 2.1 r 3.9 1.8 r 3.7 1.0 1.5 r 3.8 r 2.5
I 1.5 r 3.7 2.1 3.9 1.6 2.3 1.3 1.9
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Indexes 2012=100
2020 ANNUAL 110.9 r 116.6 r 105.1 r 127.8 r 113.1 r 115.2 r 105.3 r 110.9 r
2020 IV 111.3 r 119.6 r 107.5 r 129.0 r 113.2 r 115.9 r 106.1 r 111.6 r
III 112.8 r 118.1 104.7 r 128.8 r 113.6 r 114.2 r 106.9 r 111.0
II 111.3 r 107.7 96.8 r 130.4 r 116.4 r 117.2 r 100.3 r 109.8
I 108.6 r 120.8 111.3 r 123.6 r 109.5 r 113.8 r 107.4 r 111.0
2019 ANNUAL 108.3 r 121.6 112.3 r 120.3 r 107.8 r 111.1 r 109.1 r 110.2
2019 IV 108.7 r 122.7 112.9 r 121.1 r 107.6 r 111.3 r 110.1 r 110.8
III 108.3 r 121.9 112.5 r 120.1 r 107.4 r 110.8 r 110.0 r 110.4
II 108.3 r 121.0 111.8 r 120.1 r 107.9 r 111.0 r 109.1 r 110.2
I 107.7 r 120.6 112.0 r 119.8 r 108.4 r 111.2 r 107.0 r 109.4
2018 ANNUAL 106.4 r 118.7 111.5 r 116.0 r 105.9 r 109.0 r 108.0 r 108.6
2018 IV 106.7 r 119.6 112.0 r 117.1 r 106.2 r 109.7 r 108.7 r 109.3
III 106.6 r 119.1 111.8 r 116.6 r 106.1 r 109.4 r 108.1 r 108.9
II 106.4 r 118.5 111.4 r 115.3 r 105.5 r 108.4 r 108.7 r 108.5
I 106.1 r 117.6 110.9 r 115.0 r 105.7 r 108.4 r 106.6 r 107.6
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See footnotes following Table 6. March 4, 2021
r=revised Source: Bureau of Labor Statistics
Last Modified Date: March 04, 2021
United States Department of Labor
