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        1.5 r       4.0 r      2.5        1.8 r      2.1 r      0.2 r      1.0 r      0.6  
     I         0.1         1.8        1.6        4.9 r      1.7 r      4.8 r     -3.9 r      0.9  

2016 ANNUAL   -0.1         1.5        1.6        1.0 r     -0.2 r      1.1 r      1.4 r      1.2  

2016 IV        1.3         2.2        1.0       -4.5 r     -7.3 r     -5.7 r     13.9 r      2.3  
     III       2.5         3.3        0.8        2.5 r      0.7 r      0.1 r      3.1 r      1.3  
     II        0.8         2.5        1.7        4.8 r      2.4 r      3.9 r      0.0 r      2.2  
     I        -1.2         0.2        1.4       -3.8 r     -3.9 r     -2.7 r      5.8 r      0.9  

2015 ANNUAL    1.3         3.4        2.1        3.1 r      3.0        1.8 r     -0.3 r      0.9  

2015 IV       -2.6         0.3        2.9        4.5        4.1        7.2       -8.8        0.1  
     III       1.3         1.3        0.0        1.1 r     -0.4 r     -0.2 r      3.0 r      1.2  
     II        1.3         3.3        2.0        3.6 r      1.2 r      2.3 r      1.5 r      1.9  
     I         2.7         4.0        1.2        3.3 r      6.0 r      0.6 r     -0.9 r      0.0  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2017 II        1.3 r       2.8 r      1.5        1.1 r     -0.8 r     -0.2        3.3        1.3  
     I         1.2         2.5        1.3        1.9       -0.7        0.7        3.1 r      1.7  

2016 ANNUAL   -0.1         1.5        1.6        1.0 r     -0.2 r      1.1 r      1.4 r      1.2  

2016 IV        0.8         2.1        1.2       -0.3 r     -2.1 r     -1.2 r      5.6 r      1.7  
     III      -0.1         1.6        1.7        1.9 r      0.8 r      2.1 r     -0.1 r      1.1  
     II       -0.4         1.1        1.5        1.6 r      0.5 r      2.0       -0.2 r      1.1  
     I        -0.3         1.3        1.6        1.3 r      0.2 r      1.6 r      0.2 r      1.0  

2015 ANNUAL    1.3         3.4        2.1        3.1 r      3.0        1.8 r     -0.3 r      0.9  

2015 IV        0.7         2.2        1.5        3.1        2.7        2.4       -1.4        0.8  
     III       0.8         2.7        1.9        3.3        3.1 r      2.4       -1.3        0.8  
     II        1.6         4.1        2.5        3.8        3.8        2.2       -0.5        1.0  
     I         1.9         4.7        2.8        2.3        2.3 r      0.4        2.0 r      1.1  
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2017 II      108.1 r     123.2 r    114.0 r    117.6 r    103.4 r    108.8 r    115.8 r    111.7 r
     I       107.7       122.0      113.3      117.1 r    102.9 r    108.7 r    115.5 r    111.5  

2016 ANNUAL  107.0       120.2      112.4      116.0 r    103.7 r    108.4 r    113.4 r    110.5  

2016 IV      107.6       121.4      112.8      115.7 r    102.4 r    107.5 r    116.6 r    111.3  
     III     107.3       120.8      112.5      117.0 r    104.4 r    109.1 r    112.9 r    110.7  
     II      106.6       119.8      112.3      116.3 r    104.2 r    109.1 r    112.0 r    110.3  
     I       106.4       119.0      111.9      114.9 r    103.6 r    108.0 r    112.0 r    109.7  

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

2015 IV      106.7       119.0      111.5      116.1 r    104.6 r    108.7 r    110.4 r    109.5  
     III     107.4       118.9      110.7      114.8 r    103.6 r    106.9 r    113.0 r    109.4  
     II      107.1       118.5      110.7      114.5 r    103.7 r    106.9 r    112.2 r    109.1  
     I       106.7       117.6      110.1      113.5 r    103.4 r    106.3 r    111.8 r    108.6  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                  September 7, 2017
r=revised                                                        Source: Bureau of Labor Statistics

Table of Contents

Last Modified Date: September 07, 2017