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 II        0.9         3.4        2.5        1.6        1.9        0.6        0.5        0.6  
     I         0.1 r       1.8 r      1.6 r      5.5 r      2.3 r      5.4 r     -4.6 r      0.9 r

2016 ANNUAL   -0.1 r       1.5 r      1.6 r      0.9 r     -0.4 r      1.0 r      1.6 r      1.2  

2016 IV        1.3 r       2.2 r      1.0       -5.1 r     -7.9 r     -6.3 r     14.8 r      2.3 r
     III       2.5 r       3.3 r      0.8        2.3 r      0.5 r     -0.2 r      3.5 r      1.3 r
     II        0.8 r       2.5 r      1.7        5.3 r      2.9 r      4.4 r     -0.7 r      2.2 r
     I        -1.2 r       0.2 r      1.4       -4.4 r     -4.5 r     -3.2 r      6.7 r      0.9 r

2015 ANNUAL    1.3 r       3.4 r      2.1        3.2 r      3.0 r      1.9 r     -0.4        0.9 r

2015 IV       -2.6 r       0.3 r      2.9        4.5 r      4.1 r      7.2 r     -8.8 r      0.1 r
     III       1.3 r       1.3 r      0.0        1.0 r     -0.5 r     -0.3 r      3.1 r      1.2 r
     II        1.3 r       3.3 r      2.0        3.4 r      1.1 r      2.1 r      1.7 r      1.9 r
     I         2.7 r       4.0 r      1.2        3.6 r      6.3 r      0.9 r     -1.2 r      0.0 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2017 II        1.2         2.7        1.5        1.0       -0.9       -0.2        3.3        1.3  
     I         1.2         2.5        1.3        1.9 r     -0.7 r      0.7 r      3.0 r      1.7  

2016 ANNUAL   -0.1 r       1.5 r      1.6 r      0.9 r     -0.4 r      1.0 r      1.6 r      1.2  

2016 IV        0.8 r       2.1 r      1.2       -0.6 r     -2.3 r     -1.4 r      5.9 r      1.7 r
     III      -0.1 r       1.6 r      1.7        1.8 r      0.7 r      2.0 r      0.0 r      1.1  
     II       -0.4 r       1.1 r      1.5        1.5 r      0.4 r      2.0 r     -0.1 r      1.1  
     I        -0.3 r       1.3 r      1.6        1.1 r      0.0 r      1.4 r      0.5 r      1.0  

2015 ANNUAL    1.3 r       3.4 r      2.1        3.2 r      3.0 r      1.9 r     -0.4        0.9 r

2015 IV        0.7 r       2.2 r      1.5        3.1 r      2.7 r      2.4 r     -1.4        0.8 r
     III       0.8 r       2.7 r      1.9 r      3.3 r      3.2 r      2.4 r     -1.3 r      0.8  
     II        1.6 r       4.1 r      2.5 r      3.8 r      3.8 r      2.2 r     -0.5 r      1.0  
     I         1.9 r       4.7 r      2.8        2.3 r      2.4 r      0.4 r      1.9 r      1.1 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2017 II      107.9       123.0      114.0      117.4      103.2      108.8      115.8      111.7  
     I       107.7 r     122.0 r    113.3 r    116.9 r    102.8 r    108.6 r    115.6 r    111.5 r

2016 ANNUAL  107.0 r     120.2 r    112.4 r    115.8 r    103.5 r    108.2 r    113.6 r    110.5 r

2016 IV      107.6 r     121.4 r    112.8 r    115.4 r    102.2 r    107.2 r    117.0 r    111.3 r
     III     107.3 r     120.8 r    112.5 r    116.9 r    104.3 r    108.9 r    113.1 r    110.7 r
     II      106.6 r     119.8 r    112.3 r    116.2 r    104.2 r    109.0 r    112.1 r    110.3 r
     I       106.4 r     119.0 r    111.9 r    114.7 r    103.4 r    107.8 r    112.3 r    109.7 r

2015 ANNUAL  107.1 r     118.5 r    110.7 r    114.8 r    103.9 r    107.2 r    111.8 r    109.1 r

2015 IV      106.7 r     119.0 r    111.5 r    116.0 r    104.6 r    108.7 r    110.5 r    109.5 r
     III     107.4 r     118.9 r    110.7 r    114.8 r    103.6 r    106.8 r    113.1 r    109.4 r
     II      107.1 r     118.5 r    110.7 r    114.5 r    103.7 r    106.9 r    112.2 r    109.1 r
     I       106.7 r     117.6 r    110.1 r    113.5 r    103.4 r    106.4 r    111.7 r    108.6 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                     August 9, 2017
r=revised                                                        Source: Bureau of Labor Statistics

Table of Contents

Last Modified Date: August 09, 2017