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)
2026 I 0.1 r 0.9 r 0.8 r 1.9 r -1.6 r 1.8 r 7.7 r 4.5 r
2025 ANNUAL 2.2 2.5 0.3 4.5 r 1.7 r 2.2 r 2.7 r 2.4
2025 IV 1.6 1.5 -0.1 3.7 r 1.1 r 2.1 r 4.2 r 3.0
III 5.2 5.5 0.3 6.1 2.9 0.8 7.7 3.9
II 4.5 5.1 0.6 1.5 -0.2 -2.9 6.7 1.3
I -1.0 -1.1 -0.1 6.4 2.7 7.5 -1.2 3.5
2024 ANNUAL 3.0 3.0 0.0 5.4 2.4 2.4 1.5 2.0
2024 IV 1.9 1.7 -0.2 4.9 1.7 2.9 1.1 2.1
III 3.2 3.8 0.5 4.4 3.1 1.2 1.0 1.1
II 3.8 4.2 0.3 4.7 1.9 0.9 3.5 2.1
I 0.4 0.4 0.0 5.7 1.9 5.2 -0.2 2.7
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Percent change from corresponding quarter of previous year
2026 I 2.8 r 3.3 r 0.4 3.3 r 0.6 r 0.4 r 6.5 r 3.2
2025 ANNUAL 2.2 2.5 0.3 4.5 r 1.7 r 2.2 r 2.7 r 2.4
2025 IV 2.5 2.7 0.2 4.4 r 1.6 r 1.8 r 4.3 r 2.9
III 2.6 2.8 0.1 4.7 1.8 2.0 3.5 2.7
II 2.1 2.4 0.2 4.3 1.8 2.1 1.8 2.0
I 2.0 2.1 0.1 5.1 2.3 3.1 1.1 2.2
2024 ANNUAL 3.0 3.0 0.0 5.4 2.4 2.4 1.5 2.0
2024 IV 2.3 2.5 0.2 4.9 2.1 2.5 1.3 2.0
III 2.8 3.0 0.1 5.0 2.3 2.1 1.2 1.7
II 3.3 3.4 0.1 5.6 2.3 2.2 2.1 2.2
I 3.2 3.0 -0.2 5.9 2.6 2.6 1.3 2.0
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Indexes 2017=100
2026 I 119.7 r 126.3 r 105.5 r 148.2 r 110.4 r 123.8 r 138.3 r 130.2 r
2025 ANNUAL 118.1 124.4 105.3 145.1 r 110.1 r 122.9 r 133.0 r 127.3
2025 IV 119.7 126.0 105.3 147.5 r 110.8 r 123.3 r 135.8 r 128.7
III 119.2 125.5 105.3 146.2 110.5 122.6 134.4 127.8
II 117.7 123.8 105.2 144.1 109.7 122.4 131.9 126.5
I 116.4 122.3 105.0 143.5 109.8 123.3 129.8 126.1
2024 ANNUAL 115.6 121.4 105.0 138.9 108.2 120.2 129.5 124.3
2024 IV 116.7 122.6 105.1 141.3 109.1 121.1 130.2 125.1
III 116.2 122.1 105.1 139.6 108.6 120.2 129.9 124.4
II 115.3 121.0 105.0 138.1 107.8 119.9 129.6 124.1
I 114.2 119.8 104.9 136.5 107.3 119.6 128.4 123.5
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See footnotes following Table 6. June 4, 2026
r=revised Source: Bureau of Labor Statistics
Last Modified Date: June 04, 2026
United States Department of Labor
