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)
2025 ANNUAL 2.2 2.6 0.4 4.1 1.4 1.9 3.1 2.4
2025 IV 2.8 2.6 -0.2 5.7 3.1 2.8 3.6 3.1
III 5.2 r 5.4 0.2 r 3.3 r 0.2 r -1.8 r 11.4 r 4.1
II 4.2 r 5.2 1.0 1.2 r -0.5 -2.9 7.8 1.8
I -0.9 r -0.9 0.0 r 6.3 r 2.4 r 7.3 -1.5 3.2
2024 ANNUAL 3.0 r 2.9 0.0 r 5.5 r 2.5 r 2.4 1.6 2.0
2024 IV 1.4 r 1.7 0.3 r 4.3 r 1.2 r 2.9 r 0.3 1.7
III 3.7 r 3.9 0.2 r 4.8 r 3.4 r 1.1 0.6 0.9
II 3.7 r 4.0 0.3 r 4.8 r 2.0 r 1.1 r 3.7 r 2.2
I 0.2 r 0.2 0.0 r 5.8 r 2.0 r 5.5 -0.6 r 2.7
2023 ANNUAL 2.0 3.1 1.1 4.0 r -0.1 2.0 5.5 3.5
2023 IV 3.9 r 3.7 -0.2 r 5.2 2.3 1.2 r 1.5 r 1.3
III 5.0 r 5.5 0.4 r 6.3 2.7 1.2 r 5.5 r 3.1
II 4.0 r 2.9 -1.0 6.5 r 3.4 r 2.4 1.0 r 1.7
I 0.9 r 2.9 2.0 r 3.1 r -0.5 r 2.2 r 5.5 3.7
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Percent change from corresponding quarter of previous year
2025 ANNUAL 2.2 2.6 0.4 4.1 1.4 1.9 3.1 2.4
2025 IV 2.8 3.0 0.2 4.1 1.3 1.3 5.2 3.1
III 2.4 r 2.8 0.4 r 3.8 r 0.8 r 1.3 4.4 2.7
II 2.1 r 2.4 0.4 r 4.1 r 1.6 r 2.0 1.7 r 1.9
I 2.0 r 2.1 0.2 r 5.1 r 2.3 r 3.0 0.7 r 2.0
2024 ANNUAL 3.0 r 2.9 0.0 r 5.5 r 2.5 r 2.4 1.6 2.0
2024 IV 2.3 r 2.4 0.2 r 4.9 r 2.2 r 2.6 1.0 1.9
III 2.9 r 2.9 0.0 r 5.2 r 2.4 r 2.2 1.3 1.8
II 3.2 r 3.3 0.1 r 5.5 r 2.3 r 2.2 2.5 2.3
I 3.3 r 3.1 -0.2 r 5.9 r 2.6 r 2.6 r 1.8 2.2
2023 ANNUAL 2.0 3.1 1.1 4.0 r -0.1 2.0 5.5 3.5
2023 IV 3.5 3.7 0.3 r 5.3 2.0 1.7 r 3.3 2.5
III 3.0 r 3.6 0.5 4.1 0.5 1.0 5.5 3.0
II 1.8 2.9 1.1 4.3 0.3 2.4 r 4.3 3.3
I 0.1 2.2 2.1 2.8 -2.8 2.7 8.9 5.5
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Indexes 2017=100
2025 ANNUAL 117.8 124.6 105.8 144.2 109.5 122.4 133.3 127.2
2025 IV 119.6 126.4 105.7 146.6 110.2 122.6 136.6 128.7
III 118.8 r 125.6 105.7 r 144.6 r 109.3 r 121.7 r 135.4 r 127.7
II 117.3 r 124.0 105.7 r 143.4 r 109.3 r 122.3 r 131.8 r 126.4
I 116.1 r 122.4 105.4 r 143.0 r 109.4 r 123.2 r 129.3 r 125.9
2024 ANNUAL 115.3 r 121.5 105.3 r 138.6 r 107.9 r 120.1 r 129.4 r 124.2
2024 IV 116.4 r 122.7 105.4 r 140.9 r 108.7 r 121.0 r 129.8 r 124.9
III 116.0 r 122.2 105.3 r 139.4 r 108.4 r 120.2 r 129.7 r 124.3
II 114.9 r 121.0 105.3 r 137.8 r 107.5 r 119.8 r 129.5 r 124.1
I 113.9 r 119.9 105.2 r 136.1 r 107.0 r 119.5 r 128.4 r 123.4
2023 ANNUAL 112.0 118.0 105.4 131.4 r 105.4 r 117.3 r 127.3 r 121.7
2023 IV 113.8 r 119.8 105.2 r 134.2 r 106.4 r 117.9 r 128.6 r 122.6
III 112.7 r 118.7 105.3 r 132.5 r 105.8 r 117.6 r 128.1 r 122.2
II 111.4 r 117.2 105.2 r 130.5 r 105.1 r 117.2 r 126.4 r 121.2
I 110.3 r 116.3 105.5 r 128.5 r 104.3 r 116.5 r 126.1 r 120.7
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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
