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.
                                                          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)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate (5)

2017 I        -0.6         1.0        1.6        2.4       -0.8        3.0       -0.4        1.5  

2016 ANNUAL    0.2         1.7        1.5        2.9        1.6        2.6       -0.7 r      1.2  

2016 IV        1.8 r       2.7 r      1.0        3.1 r      0.0 r      1.3 r      2.9 r      1.9 r
     III       3.3         4.2        0.8        4.1        2.2 r      0.7        1.6        1.1  
     II       -0.1         1.6        1.7        6.1        3.7 r      6.2       -2.8        2.3  
     I        -0.7 r       0.7        1.4       -1.0       -1.1 r     -0.3        2.1        0.7  

2015 ANNUAL    0.9         3.1        2.1        3.0 r      2.8        2.0       -0.4        1.0  

2015 IV       -2.0         0.8        2.9        3.6        3.2 r      5.7       -6.2        0.5  
     III       1.8         1.8        0.0        2.7        1.1 r      0.8        1.1        1.0  
     II        1.1 r       3.1        2.0        4.6        2.2 r      3.5       -0.1        2.0  
     I         1.2         2.4        1.2        1.9        4.6 r      0.7       -0.2        0.4  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2017 I         1.1         2.4        1.3        3.9        1.3        2.8        0.3        1.7  

2016 ANNUAL    0.2         1.7        1.5        2.9        1.6        2.6       -0.7 r      1.2  

2016 IV        1.1 r       2.3 r      1.2        3.0        1.2        1.9 r      0.9 r      1.5  
     III       0.1         1.8        1.7        3.2        2.0        3.0       -1.4        1.1  
     II       -0.3 r       1.2        1.5        2.8        1.7        3.1       -1.5        1.1  
     I         0.0         1.6        1.6        2.4        1.3 r      2.4       -0.8        1.0  

2015 ANNUAL    0.9         3.1        2.1        3.0 r      2.8        2.0       -0.4        1.0  

2015 IV        0.5         2.0        1.5        3.2        2.8        2.7       -1.4        0.9  
     III       0.6         2.5        1.8 r      3.2        3.1        2.6       -1.4        0.8  
     II        1.2         3.7        2.4        3.5        3.5        2.3       -0.6        1.0  
     I         1.4         4.2        2.8        1.8        1.9        0.5        1.8        1.0  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2017 I       107.3       121.5      113.2      120.1      105.6      111.9      111.2      111.6  

2016 ANNUAL  106.7 r     119.8 r    112.3 r    117.7 r    105.2 r    110.3 r    110.7 r    110.5 r

2016 IV      107.5 r     121.2 r    112.7 r    119.4 r    105.8 r    111.1 r    111.3 r    111.2 r
     III     107.0 r     120.4      112.5 r    118.5 r    105.7 r    110.8      110.5      110.6  
     II      106.1 r     119.1      112.2 r    117.3 r    105.2 r    110.6      110.1      110.3  
     I       106.2 r     118.7      111.8 r    115.6 r    104.2 r    108.9      110.9 r    109.7  

2015 ANNUAL  106.4 r     117.8      110.7 r    114.5 r    103.6 r    107.5 r    111.5      109.2  

2015 IV      106.3 r     118.5      111.4 r    115.9 r    104.5 r    109.0      110.3 r    109.5  
     III     106.9 r     118.2      110.6 r    114.9 r    103.7 r    107.5 r    112.1 r    109.4  
     II      106.4 r     117.7      110.6 r    114.1 r    103.4 r    107.3      111.8      109.1  
     I       106.1 r     116.8      110.1 r    112.9 r    102.8 r    106.3      111.8      108.6  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                        May 4, 2017
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: May 04, 2017