Table 2. Nonfarm business sector: Labor productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Table 2. Nonfarm 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 0.8 1.5 0.7 3.1 -0.5 2.3 8.0 4.9
2025 ANNUAL 2.1 2.5 0.4 4.5 1.8 2.4 r 2.5 r 2.4
2025 IV 1.6 r 1.3 r -0.2 6.3 3.7 4.6 r 1.7 r 3.3 r
III 5.2 5.4 0.2 6.2 3.0 1.0 7.9 4.1
II 4.2 5.2 1.0 1.2 -0.5 -2.9 7.8 1.8
I -0.9 -0.9 0.0 6.3 2.5 r 7.3 -1.5 3.2
2024 ANNUAL 3.0 2.9 -0.1 r 5.5 2.5 2.4 1.6 2.0
2024 IV 1.4 1.7 0.3 4.4 r 1.1 r 2.9 0.3 1.7
III 3.7 3.9 0.2 4.8 3.5 r 1.1 0.6 0.9
II 3.7 4.0 0.3 4.8 2.0 1.1 3.7 2.2
I 0.2 0.2 0.0 5.8 2.0 5.5 -0.6 2.7
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Percent change from corresponding quarter of previous year
2026 I 2.9 3.3 0.4 4.2 1.4 1.2 6.3 3.5
2025 ANNUAL 2.1 2.5 0.4 4.5 1.8 2.4 r 2.5 r 2.4
2025 IV 2.5 2.7 r 0.2 5.0 2.2 r 2.4 3.9 r 3.1
III 2.5 r 2.8 0.4 4.5 1.5 2.0 3.5 2.7
II 2.1 2.4 0.4 4.1 1.7 r 2.0 1.7 1.9
I 2.0 2.1 0.2 5.1 2.3 3.0 0.7 2.0
2024 ANNUAL 3.0 2.9 -0.1 r 5.5 2.5 2.4 1.6 2.0
2024 IV 2.3 2.4 0.2 4.9 2.2 2.6 1.0 1.9
III 2.9 2.9 0.0 5.2 2.4 2.2 1.3 1.8
II 3.2 3.3 0.1 5.5 2.3 2.2 2.5 2.3
I 3.3 3.1 -0.2 6.0 r 2.6 2.6 1.8 2.2
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Indexes 2017=100
2026 I 119.6 126.5 105.8 149.1 111.0 124.7 137.5 130.3
2025 ANNUAL 117.8 r 124.5 r 105.7 r 144.9 r 109.9 r 123.0 r 132.6 r 127.2 r
2025 IV 119.4 r 126.1 r 105.6 r 147.9 r 111.2 r 124.0 r 134.9 r 128.7 r
III 118.9 r 125.6 105.7 r 145.7 r 110.2 r 122.6 r 134.3 r 127.7
II 117.4 r 124.0 105.6 r 143.5 r 109.3 r 122.3 r 131.8 r 126.4
I 116.2 r 122.4 105.4 r 143.1 r 109.5 r 123.2 r 129.3 r 125.9
2024 ANNUAL 115.4 r 121.5 105.3 r 138.6 r 108.0 r 120.2 r 129.4 r 124.2
2024 IV 116.4 r 122.7 105.4 r 140.9 r 108.8 r 121.0 r 129.8 r 124.9
III 116.0 r 122.2 105.3 r 139.4 r 108.5 r 120.2 r 129.7 r 124.3
II 115.0 r 121.0 105.3 r 137.8 r 107.6 r 119.8 r 129.5 r 124.1
I 113.9 r 119.9 105.2 r 136.2 r 107.0 r 119.5 r 128.4 r 123.4
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See footnotes following Table 6. May 7, 2026
r=revised Source: Bureau of Labor Statistics
Last Modified Date: May 07, 2026
United States Department of Labor
