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 ANNUAL 2.2 2.6 0.3 4.2 1.5 1.9 3.1 2.4
2025 IV 2.8 2.7 -0.1 5.6 3.0 2.7 3.2 2.9
III 5.2 r 5.5 0.3 r 3.2 r 0.1 r -1.9 r 11.2 r 3.9
II 4.5 r 5.1 0.6 r 1.5 r -0.2 -2.9 6.7 1.3
I -1.0 r -1.1 -0.1 r 6.4 r 2.6 r 7.5 -1.2 r 3.5
2024 ANNUAL 3.0 r 3.0 0.0 r 5.4 r 2.4 r 2.4 r 1.5 2.0
2024 IV 1.9 r 1.7 -0.2 r 4.9 r 1.8 r 2.9 1.1 2.1
III 3.2 r 3.8 0.6 r 4.4 r 3.0 r 1.2 r 1.0 1.1
II 3.8 r 4.2 0.3 r 4.7 r 1.9 r 0.9 r 3.5 r 2.1
I 0.5 r 0.4 0.0 r 5.7 r 1.9 r 5.2 r -0.2 r 2.7
2023 ANNUAL 2.1 3.1 1.0 4.1 0.0 2.0 4.9 3.3
2023 IV 4.0 r 3.6 -0.3 r 5.3 2.4 1.3 r 0.6 r 1.0
III 5.0 r 5.3 0.3 r 6.4 2.8 1.4 r 4.7 r 2.9
II 3.5 r 2.7 -0.7 6.1 r 3.0 r 2.5 0.1 1.4
I 1.1 r 3.1 2.0 r 3.3 r -0.4 r 2.1 r 4.6 r 3.2
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Percent change from corresponding quarter of previous year
2025 ANNUAL 2.2 2.6 0.3 4.2 1.5 1.9 3.1 2.4
2025 IV 2.8 3.0 0.2 4.1 1.4 1.3 4.8 2.9
III 2.6 r 2.8 0.2 r 4.0 r 1.1 r 1.3 4.3 r 2.7
II 2.1 r 2.4 0.2 r 4.3 r 1.8 r 2.1 1.8 2.0
I 2.0 r 2.1 0.1 r 5.1 r 2.3 r 3.1 1.1 2.2
2024 ANNUAL 3.0 r 3.0 0.0 r 5.4 r 2.4 r 2.4 r 1.5 2.0
2024 IV 2.3 r 2.5 0.2 r 4.9 r 2.2 r 2.5 1.3 r 2.0
III 2.8 r 3.0 0.1 r 5.0 r 2.3 r 2.1 1.2 1.7
II 3.3 r 3.4 0.1 5.5 r 2.3 r 2.2 2.1 r 2.2
I 3.2 r 3.0 -0.2 r 5.9 2.5 r 2.6 1.3 2.0
2023 ANNUAL 2.1 3.1 1.0 4.1 0.0 2.0 4.9 3.3
2023 IV 3.4 3.7 0.3 5.3 2.0 1.8 2.5 r 2.1
III 3.0 3.5 0.5 4.1 0.5 r 1.1 4.8 2.7
II 1.8 r 2.9 1.1 4.3 r 0.3 2.4 r 3.8 3.1
I 0.3 2.2 1.9 3.0 r -2.6 2.8 8.9 5.5
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Indexes 2017=100
2025 ANNUAL 118.1 124.5 105.4 144.7 109.8 122.5 133.5 127.3
2025 IV 120.0 126.4 105.3 147.1 110.5 122.6 136.5 128.7
III 119.2 r 125.5 105.3 r 145.1 r 109.7 r 121.8 r 135.5 r 127.8
II 117.7 r 123.8 105.3 r 144.0 r 109.7 r 122.4 r 131.9 r 126.5
I 116.4 r 122.3 105.1 r 143.5 r 109.7 r 123.3 r 129.8 r 126.1
2024 ANNUAL 115.5 r 121.4 105.1 r 138.9 r 108.2 r 120.2 r 129.5 r 124.3
2024 IV 116.7 r 122.6 105.1 r 141.2 r 109.0 r 121.1 r 130.2 r 125.1
III 116.1 r 122.1 105.2 r 139.6 r 108.6 r 120.2 r 129.9 r 124.4
II 115.2 r 121.0 105.0 r 138.1 r 107.8 r 119.8 r 129.6 r 124.1
I 114.1 r 119.8 104.9 r 136.5 r 107.2 r 119.6 r 128.4 r 123.5
2023 ANNUAL 112.2 r 117.9 105.1 r 131.7 r 105.6 117.4 r 127.6 r 121.9
2023 IV 114.0 r 119.6 104.9 r 134.6 r 106.7 r 118.1 r 128.5 r 122.6
III 112.9 r 118.6 105.0 r 132.9 r 106.1 r 117.7 r 128.3 r 122.3
II 111.5 r 117.1 105.0 r 130.8 r 105.4 r 117.3 r 126.9 r 121.5
I 110.6 r 116.3 105.2 r 128.9 r 104.6 r 116.6 r 126.8 r 121.0
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See footnotes following Table 6. March 5, 2026
r=revised Source: Bureau of Labor Statistics
Last Modified Date: March 05, 2026
United States Department of Labor
