March 8, 2012 (The Editor’s Desk is updated each business day.)
Unit labor costs and real hourly compensation, 2011
Over-the-year percent change in nonfarm business and manufacturing unit labor costs, 1989–2011, annual averages
| Year |
Nonfarm business |
Manufacturing |
1989 |
1.8 |
2.0 |
1990 |
4.3 |
2.6 |
1991 |
3.7 |
3.2 |
1992 |
1.3 |
0.9 |
1993 |
1.4 |
-0.3 |
1994 |
0.8 |
-1.0 |
1995 |
1.7 |
-2.8 |
1996 |
0.7 |
-1.9 |
1997 |
1.6 |
-2.8 |
1998 |
3.0 |
0.6 |
1999 |
0.9 |
-0.5 |
2000 |
3.9 |
3.2 |
2001 |
1.5 |
1.9 |
2002 |
-1.3 |
-1.6 |
2003 |
1.0 |
1.6 |
2004 |
0.7 |
-1.4 |
2005 |
2.3 |
-1.4 |
2006 |
2.8 |
1.1 |
2007 |
2.4 |
-0.7 |
2008 |
2.8 |
4.8 |
2009 |
-0.7 |
4.0 |
2010 |
-2.0 |
-4.2 |
2011 |
2.0 |
-0.8 |
These data are featured in the TED article, Unit labor costs and real hourly compensation, 2011.
Over-the-year percent change in nonfarm business and manufacturing real hourly compensation, 1989–2011, annual averages
| Year |
Nonfarm business |
Manufacturing |
1989 |
-1.7 |
-1.2 |
1990 |
1.1 |
-0.1 |
1991 |
1.6 |
2.3 |
1992 |
2.8 |
2.1 |
1993 |
-0.4 |
-0.2 |
1994 |
-0.3 |
0.4 |
1995 |
-0.3 |
-0.8 |
1996 |
0.6 |
-0.9 |
1997 |
0.9 |
0.3 |
1998 |
4.5 |
4.7 |
1999 |
2.2 |
2.3 |
2000 |
4.0 |
4.2 |
2001 |
1.6 |
1.0 |
2002 |
1.5 |
3.8 |
2003 |
2.4 |
5.6 |
2004 |
0.6 |
-1.9 |
2005 |
0.6 |
0.0 |
2006 |
0.5 |
-1.2 |
2007 |
1.1 |
0.4 |
2008 |
-0.4 |
0.4 |
2009 |
2.1 |
5.0 |
2010 |
0.3 |
-0.1 |
2011 |
-0.7 |
-1.3 |
These data are featured in the TED article, Unit labor costs and real hourly compensation, 2011.
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