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)
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Percent change from previous quarter at annual rate (5)
2021 III -5.0 1.7 7.0 2.9 -3.5 8.3 2.6 5.9
II 2.4 r 8.5 r 5.9 r 3.5 r -4.6 1.1 r 13.8 r 6.1 r
I 4.3 8.4 4.0 1.4 -2.2 -2.8 16.6 4.6
2020 ANNUAL 2.4 -4.4 -6.6 7.0 5.6 4.5 -4.9 0.4
2020 IV -3.4 6.2 9.9 9.4 6.8 13.3 -14.8 0.9
III 4.6 44.6 38.2 -5.7 -10.0 -9.9 30.5 4.7
II 11.2 -36.9 -43.2 22.7 26.6 10.3 -21.7 -3.9
I -1.8 -7.4 -5.7 9.3 8.2 11.3 -13.2 0.2
2019 ANNUAL 2.0 2.7 0.7 3.8 2.0 1.8 1.2 1.5
2019 IV 0.6 1.8 1.2 4.1 1.5 3.5 -1.5 1.3
III 0.8 3.2 2.4 0.2 -1.1 -0.5 2.4 0.7
II 4.3 3.6 -0.7 1.4 -2.0 -2.8 10.6 2.7
I 3.4 3.4 0.0 9.2 8.4 5.6 -5.5 0.7
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Percent change from corresponding quarter of previous year
2021 III -0.5 6.1 6.7 4.3 -1.0 4.8 3.8 4.4
II 1.9 r 15.9 r 13.7 2.0 -2.7 0.1 r 10.2 r 4.1
I 4.1 1.3 -2.7 6.4 4.5 2.3 0.4 1.5
2020 ANNUAL 2.4 -4.4 -6.6 7.0 5.6 4.5 -4.9 0.4
2020 IV 2.5 -2.7 -5.0 8.5 7.2 5.8 -6.8 0.4
III 3.6 -3.7 -7.0 7.1 5.8 3.4 -3.3 0.5
II 2.6 -11.5 -13.7 8.8 8.3 6.0 -9.0 -0.4
I 1.0 0.2 -0.8 3.7 1.6 2.7 -0.8 1.2
2019 ANNUAL 2.0 2.7 0.7 3.8 2.0 1.8 1.2 1.5
2019 IV 2.3 3.0 0.7 3.7 1.6 1.4 1.4 1.4
III 2.1 2.8 0.6 3.1 1.3 0.9 2.1 1.4
II 2.2 2.6 0.3 4.3 2.4 2.1 0.8 1.5
I 1.6 2.6 1.1 4.3 2.6 2.7 0.6 1.8
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Indexes 2012=100
2021 III 111.3 124.4 111.7 134.6 112.9 120.9 110.6 116.4
II 112.8 r 123.9 r 109.9 r 133.7 r 114.0 r 118.5 r 110.0 r 114.8 r
I 112.1 121.4 108.3 132.5 115.3 118.2 106.5 113.1
2020 ANNUAL 110.2 115.7 105.0 129.1 114.3 117.1 103.8 111.3
2020 IV 110.9 118.9 107.2 132.1 116.0 119.1 102.5 111.8
III 111.9 117.2 104.7 129.1 114.1 115.4 106.6 111.6
II 110.6 106.9 96.6 131.0 117.1 118.4 99.8 110.3
I 107.7 119.9 111.3 124.5 110.4 115.6 106.1 111.4
2019 ANNUAL 107.7 121.0 112.4 120.7 108.2 112.1 109.2 110.8
2019 IV 108.2 122.2 112.9 121.8 108.2 112.5 109.9 111.4
III 108.1 121.6 112.6 120.5 107.8 111.6 110.3 111.0
II 107.8 120.7 111.9 120.5 108.1 111.7 109.7 110.8
I 106.7 119.6 112.1 120.1 108.7 112.5 106.9 110.1
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See footnotes following Table 6. November 4, 2021
r=revised Source: Bureau of Labor Statistics
Last Modified Date: November 21, 2024
United States Department of Labor
