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Table 6. Nonfinancial corporate sector: Labor productivity, hourly compensation, unit labor costs, unit profits, and prices, seasonally adjusted



Table 6. Nonfinancial corporate sector: Labor productivity, hourly compensation, unit labor costs,
unit profits, and prices, seasonally adjusted.
                                                     Real
                                           Hourly    hourly            Unit      Total           Implicit
Year         Labor                         compen-   compen-   Unit    nonlabor  unit    Unit    price
and          produc-             Hours     sation    sation    labor   costs     costs   profits deflator
quarter      tivity    Output    worked    (1)       (2)       costs   (6)       (7)     (8)     (4)
---------------------------------------------------------------------------------------------------------
                         Percent change from previous quarter at annual rate (5)

2020 I        -1.3      -5.0     -3.7       4.2       3.0       5.6      9.1      6.7    -43.3     -0.1  

2019 ANNUAL    1.9 r     2.8      0.9       3.5 r     1.6 r     1.5      1.6      1.6 r   -5.8 r    0.7  

2019 IV        3.7 r     4.9 r    1.2       3.8 r     1.4 r     0.1 r   -4.0 r   -1.2 r   14.8 r    0.4  
     III       1.0       1.7      0.7       0.1      -1.7      -0.8      5.7      1.2     -3.6      0.7  
     II        1.0       1.1      0.1       2.5      -0.5       1.4      1.2      1.3     12.0      2.4  
     I         2.1       3.6      1.5       9.6       8.6       7.3      1.1      5.3    -33.7     -0.1  

2018 ANNUAL    0.0       1.9      1.9       3.4       1.0       3.4      3.0      3.3     -1.1      2.8  

2018 IV        1.9       2.4      0.5       0.9      -0.3      -1.0      3.5      0.5      0.0      0.4  
     III       5.2       6.3      1.1       2.0      -0.1      -3.0     -2.5     -2.9     12.7     -1.2  
     II       -2.8      -0.4      2.5      -0.3      -2.5       2.5      5.3      3.4      4.8      3.6  
     I         1.5       3.3      1.8       9.8       6.3       8.2      1.6      6.0      0.2      5.3  
---------------------------------------------------------------------------------------------------------
                       Percent change from corresponding quarter of previous year

2020 I         1.1       0.6     -0.5       2.6       0.5       1.5      2.9      2.0     -8.4      0.9  

2019 ANNUAL    1.9 r     2.8      0.9       3.5 r     1.6 r     1.5      1.6      1.6 r   -5.8 r    0.7  

2019 IV        1.9 r     2.8 r    0.9       3.9 r     1.9 r     2.0 r    0.9 r    1.6     -4.8 r    0.9  
     III       1.5       2.2      0.7       3.2       1.4       1.7      2.9      2.1     -8.0      0.9  
     II        2.6       3.4      0.8       3.7       1.8       1.1      0.8      1.0     -4.4      0.4  
     I         1.6       3.0      1.4       3.0       1.3       1.4      1.8      1.5     -5.9      0.7  

2018 ANNUAL    0.0       1.9      1.9       3.4       1.0       3.4      3.0      3.3     -1.1      2.8  

2018 IV        1.4       2.9      1.5       3.0       0.8       1.6      1.9      1.7      4.3      2.0  
     III       0.7       2.7      2.0       3.5       0.8       2.7      2.1      2.5      2.2      2.5  
     II       -1.5       0.6      2.1       3.5       0.8       5.1      4.4      4.9     -5.0      3.6  
     I        -0.6       1.5      2.2       3.7       1.5       4.4      3.5      4.1     -5.4      2.9  
---------------------------------------------------------------------------------------------------------
                                            Indexes 2012=100

2020 I       103.6     117.1    113.0     122.0     108.1     117.7    114.2    116.5     75.1    110.6  

2019 ANNUAL  103.1 r   117.3 r  113.7     119.7 r   107.3 r   116.1 r  111.7 r  114.6 r   84.2 r  110.3 r

2019 IV      104.0 r   118.6 r  114.1     120.7 r   107.3 r   116.1 r  111.7 r  114.6 r   86.5 r  110.6  
     III     103.1     117.2    113.7     119.6     106.9     116.1    112.9    115.0     83.6    110.5  
     II      102.8     116.7    113.5     119.6     107.4     116.3    111.3    114.7     84.4    110.3  
     I       102.5     116.4    113.5     118.8     107.5     115.9    111.0    114.3     82.0    109.7  

2018 ANNUAL  101.2     114.0    112.7     115.7     105.6     114.3    110.0    112.9     89.3    109.5  

2018 IV      102.0     115.4    113.1     116.2     105.3     113.9    110.7    112.8     90.9    109.7  
     III     101.5     114.7    113.0     115.9     105.4     114.2    109.7    112.7     90.9    109.6  
     II      100.2     112.9    112.7     115.3     105.5     115.0    110.4    113.5     88.2    109.9  
     I       101.0     113.0    112.0     115.4     106.1     114.3    109.0    112.6     87.2    108.9  
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                             June 4, 2020
r=revised                                                              Source: Bureau of Labor Statistics

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Last Modified Date: June 04, 2020