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.
Value-
Real added Unit
Hourly hourly output Unit combined
Year Labor compen- compen- Unit price nonlabor input Unit
and produc- Hours sation sation labor deflator costs costs profits
quarter tivity Output worked (1) (2) costs (4) (6) (7) (8)
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Percent change from previous quarter at annual rate (5)
2024 ANNUAL 4.2 4.4 0.2 5.5 2.5 1.2 1.1 0.5 1.0 1.6
2024 IV 4.9 5.4 0.4 4.5 1.4 -0.4 0.5 1.3 0.1 2.5
III 2.5 2.9 0.4 1.3 -0.1 -1.2 0.3 3.2 0.2 0.8
II 1.1 2.5 1.4 0.8 -1.8 r -0.2 1.4 -3.7 -1.3 15.1
I 6.5 6.4 -0.1 12.4 8.4 r 5.5 0.0 6.0 5.7 -22.2
2023 ANNUAL 0.2 1.5 1.3 r 4.3 0.1 4.1 3.5 -0.3 2.7 7.3
2023 IV 6.3 6.0 -0.3 4.6 1.7 r -1.6 1.3 -2.0 -1.7 15.9
III 2.9 2.9 0.0 5.0 1.4 2.0 3.5 -1.6 0.9 16.9
II 3.3 2.5 -0.7 6.1 3.0 2.7 1.9 -2.5 1.1 6.0
I -2.9 -0.6 2.4 r 5.7 r 2.0 r 8.9 4.2 -1.5 5.5 -1.6
2022 ANNUAL -0.1 4.1 4.2 4.1 -3.7 4.1 7.4 15.1 7.4 7.1
2022 IV -2.1 -1.4 0.7 0.0 -3.9 r 2.2 2.3 1.7 2.0 3.7
III 1.2 4.6 3.4 6.4 0.9 r 5.2 4.1 0.2 3.5 6.9
II -1.3 1.9 3.2 1.6 -7.7 r 2.9 9.9 9.3 4.9 38.1
I 0.9 3.9 3.0 2.9 -5.8 r 2.0 8.8 33.7 10.9 -1.1
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Percent change from corresponding quarter of previous year
2024 ANNUAL 4.2 4.4 0.2 5.5 2.5 1.2 1.1 0.5 1.0 1.6
2024 IV 3.7 4.3 0.5 4.7 1.9 0.9 0.6 1.6 1.1 -1.9
III 4.1 r 4.4 0.4 4.7 2.0 0.6 0.7 0.8 0.7 1.1
II 4.2 4.4 0.3 5.6 2.4 1.4 1.6 -0.4 0.8 5.0
I 4.7 4.5 -0.3 7.0 3.6 2.1 1.7 -0.1 1.4 2.8
2023 ANNUAL 0.2 1.5 1.3 r 4.3 0.1 4.1 3.5 -0.3 2.7 7.3
2023 IV 2.3 2.7 0.3 5.3 2.0 2.9 2.7 -1.9 1.4 9.0
III 0.2 r 0.8 0.6 4.2 0.6 3.9 3.0 -1.0 2.3 6.0
II -0.2 1.2 1.4 4.5 0.5 4.7 3.1 -0.6 3.0 3.7
I -1.3 1.1 2.4 3.4 -2.3 4.8 5.1 2.3 4.0 10.8
2022 ANNUAL -0.1 4.1 4.2 4.1 -3.7 4.1 7.4 15.1 7.4 7.1
2022 IV -0.3 2.2 2.5 2.7 -4.2 3.0 6.2 10.5 5.3 10.9
III -0.2 4.1 4.3 3.8 -4.2 4.0 7.5 15.3 7.3 8.5
II -0.2 4.3 4.5 4.4 -3.9 4.7 8.2 20.8 9.4 3.2
I 0.6 6.0 5.4 5.7 -2.3 5.0 7.6 14.5 7.8 6.1
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Indexes 2017=100
2024 ANNUAL 116.6 123.5 106.0 139.6 108.8 119.8 123.9 110.3 116.7 172.3
2024 IV 118.1 125.4 106.2 141.1 108.9 119.5 124.1 110.7 116.6 174.8
III 116.7 r 123.8 106.1 r 139.6 r 108.5 r 119.6 124.0 110.3 116.6 173.7
II 116.0 r 122.9 106.0 r 139.1 r 108.6 r 120.0 123.9 109.5 116.5 173.3
I 115.6 r 122.1 105.6 r 138.8 r 109.1 r 120.0 123.5 110.5 116.9 167.3
2023 ANNUAL 111.8 r 118.3 105.8 r 132.3 r 106.1 r 118.3 122.5 109.7 115.5 169.5
2023 IV 113.8 r 120.2 105.6 r 134.8 r 106.9 r 118.4 123.5 108.9 115.3 178.2
III 112.1 r 118.5 105.7 r 133.3 r 106.5 r 118.9 123.1 109.5 115.8 171.7
II 111.3 r 117.6 105.7 r 131.7 r 106.1 r 118.3 122.0 109.9 115.6 165.1
I 110.4 r 116.9 105.9 r 129.8 r 105.3 r 117.5 121.4 110.6 115.3 162.7
2022 ANNUAL 111.6 r 116.6 104.5 r 126.9 r 106.0 r 113.7 118.4 110.1 112.5 157.9
2022 IV 111.2 117.1 105.3 128.0 104.8 r 115.1 120.2 111.1 113.8 163.4
III 111.8 r 117.5 105.1 r 128.0 r 105.8 r 114.4 119.5 110.6 113.2 161.9
II 111.5 r 116.2 104.2 r 126.0 r 105.6 r 113.0 118.3 110.5 112.2 159.2
I 111.9 r 115.7 103.4 r 125.5 r 107.7 r 112.2 115.5 108.1 110.9 146.9
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See footnotes following Table 6. May 8, 2025
r=revised Source: Bureau of Labor Statistics
Last Modified Date: May 08, 2025
United States Department of Labor
