Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.

Https

The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Nonfarm business productivity increased 1.9 percent from second quarter 2020 to second quarter 2021

August 13, 2021

From the second quarter of 2020 to the second quarter of 2021, nonfarm business sector labor productivity increased 1.9 percent. Unit labor costs increased 0.1 percent over the last four quarters, and hourly compensation increased 2.0 percent.

Productivity and costs by sector, percent change from second quarter 2020 to second quarter 2021
Sector Business Nonfarm business Manufacturing

Labor productivity

2.1% 1.9% 6.8%

Output

15.7 15.8 16.5

Hours worked

13.3 13.6 9.1

Unit labor costs

0.1 0.1 -5.8

Hourly compensation

2.2 2.0 0.6

Real hourly compensation

-2.5 -2.7 -4.0

Business sector productivity rose 2.1 percent from the second quarter of 2020 to the second quarter of 2021. Manufacturing productivity increased 6.8 percent from the same quarter a year ago, as output increased 16.5 percent and hours worked increased 9.1 percent.

These data are from the Labor Productivity and Costs program and are seasonally adjusted. All percent changes shown are subject to revision. To learn more, see "Productivity and Costs — Second Quarter and Annual Averages 2021, Preliminary.” Also see Charts related to the latest "Productivity and Costs" news release. Labor productivity, or output per hour, is calculated by dividing an index of real output by an index of hours worked for all persons, including employees, proprietors, and unpaid family workers.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Nonfarm business productivity increased 1.9 percent from second quarter 2020 to second quarter 2021 at https://www.bls.gov/opub/ted/2021/nonfarm-business-productivity-increased-1-9-percent-from-second-quarter-2020-to-second-quarter-2021.htm (visited December 05, 2021).

OF INTEREST
spotlight

Recent editions of Spotlight on Statistics

triangle