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 III -0.3 2.2 2.5 3.3 1.5 3.6 -1.9 1.2
II 2.8 r 2.0 r -0.7 r 5.2 2.3 r 2.4 r 3.8 r 3.0 r
I 3.6 3.9 0.3 9.5 8.5 5.7 -7.2 -0.1
2018 ANNUAL 1.3 3.4 2.0 3.2 0.8 1.9 2.8 2.3
2018 IV 0.0 1.2 1.3 0.5 -1.0 0.5 2.1 1.2
III 0.8 3.4 2.6 2.6 0.6 1.7 1.1 1.5
II 2.4 4.0 1.5 0.7 -1.4 -1.7 10.8 3.6
I 1.3 2.9 1.6 4.7 1.4 3.4 0.1 2.0
2017 ANNUAL 1.3 2.8 1.5 3.5 1.3 2.1 1.2 1.7
2017 IV 0.1 4.1 4.0 4.4 1.2 4.3 0.7 2.7
III 3.4 4.0 0.5 5.0 2.8 1.5 2.9 2.1
II 0.4 2.6 2.2 2.1 1.7 1.7 0.3 1.1
I 0.6 2.6 2.0 3.5 0.7 2.9 0.1 1.7
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Percent change from corresponding quarter of previous year
2019 III 1.5 2.3 0.8 4.6 2.8 3.0 -0.9 1.3
II 1.8 r 2.7 0.9 4.4 2.5 2.6 -0.1 r 1.4
I 1.7 3.1 1.4 3.3 1.6 1.5 1.5 1.5
2018 ANNUAL 1.3 3.4 2.0 3.2 0.8 1.9 2.8 2.3
2018 IV 1.1 2.9 1.7 2.1 -0.1 1.0 3.5 2.1
III 1.2 3.6 2.4 3.1 0.5 1.9 3.1 2.4
II 1.8 3.7 1.9 3.7 1.0 1.9 3.5 2.6
I 1.3 3.4 2.1 4.0 1.8 2.7 1.0 2.0
2017 ANNUAL 1.3 2.8 1.5 3.5 1.3 2.1 1.2 1.7
2017 IV 1.1 3.3 2.2 3.7 1.6 2.6 1.0 1.9
III 1.7 2.9 1.2 4.0 1.9 2.2 0.9 1.6
II 1.3 2.6 1.3 3.3 1.3 2.0 0.7 1.4
I 1.3 2.5 1.2 3.0 0.4 1.7 2.2 1.9
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Indexes 2012=100
2019 III 107.8 121.8 113.0 121.4 108.6 112.6 107.8 110.5
II 107.9 r 121.2 r 112.3 r 120.4 r 108.2 r 111.6 r 108.3 r 110.2 r
I 107.2 120.6 112.5 118.9 107.6 110.9 107.3 109.4
2018 ANNUAL 106.0 118.3 111.7 115.7 105.6 109.2 108.1 108.7
2018 IV 106.3 119.4 112.4 116.2 105.4 109.4 109.4 109.4
III 106.3 119.0 112.0 116.1 105.7 109.3 108.8 109.1
II 106.0 118.0 111.3 115.4 105.5 108.8 108.5 108.7
I 105.4 116.9 110.9 115.1 105.9 109.2 105.7 107.7
2017 ANNUAL 104.6 114.4 109.4 112.1 104.8 107.2 105.2 106.3
2017 IV 105.1 116.1 110.5 113.8 105.5 108.3 105.7 107.2
III 105.0 114.9 109.4 112.6 105.2 107.2 105.5 106.5
II 104.2 113.8 109.2 111.2 104.5 106.8 104.8 105.9
I 104.0 113.1 108.7 110.7 104.0 106.4 104.7 105.6
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See footnotes following Table 6. November 6, 2019
r=revised Source: Bureau of Labor Statistics
Last Modified Date: November 06, 2019
