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)
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Percent change from previous quarter at annual rate (5)
2021 II -1.8 r 2.9 r 4.9 3.8 r -4.3 r 5.7 r -12.1 r 0.1 r 63.1 r 7.9 r
I 5.0 8.9 3.7 0.0 -3.6 -4.8 18.7 1.6 30.0 5.1
2020 ANNUAL 2.2 -4.2 -6.3 6.9 5.6 4.6 -10.6 -0.2 2.4 0.1
2020 IV 16.3 28.4 10.3 7.7 5.2 -7.4 53.3 6.3 -31.4 -0.2
III -0.8 31.7 32.8 -5.7 -9.9 -4.9 -21.4 -9.6 206.1 6.2
II 3.8 -39.0 -41.2 25.0 29.1 20.5 -49.3 -6.5 -9.1 -6.8
I 1.1 -3.3 -4.3 7.8 6.7 6.6 4.2 5.8 -35.4 -0.4
2019 ANNUAL 1.4 2.3 0.9 3.9 2.1 2.5 1.9 2.3 -1.2 1.9
2019 IV 1.1 2.2 1.1 3.6 1.0 2.6 -2.7 0.8 8.8 1.8
III 0.5 1.1 0.6 1.0 -0.4 0.5 5.3 2.0 2.6 2.1
II 1.3 1.6 0.3 2.3 -1.2 1.0 1.7 1.2 13.3 2.6
I 2.7 3.4 0.7 8.0 7.2 5.2 3.2 4.6 -31.2 -1.0
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Percent change from corresponding quarter of previous year
2021 II 4.4 r 17.3 r 12.4 1.3 -3.3 -3.0 r 5.9 r -0.6 r 45.2 r 4.7
I 5.9 3.0 -2.8 6.2 4.2 0.2 -7.7 -2.3 25.5 1.0
2020 ANNUAL 2.2 -4.2 -6.3 6.9 5.6 4.6 -10.6 -0.2 2.4 0.1
2020 IV 4.9 -0.1 -4.7 8.2 6.9 3.1 -10.7 -1.2 5.4 -0.4
III 1.3 -5.6 -6.8 7.1 5.8 5.8 -20.3 -2.5 18.3 0.1
II 1.6 -11.6 -13.0 9.0 8.5 7.3 -14.2 0.4 -10.0 -0.9
I 1.0 0.4 -0.6 3.6 1.5 2.6 2.1 2.4 -4.9 1.5
2019 ANNUAL 1.4 2.3 0.9 3.9 2.1 2.5 1.9 2.3 -1.2 1.9
2019 IV 1.4 2.1 0.7 3.7 1.6 2.3 1.8 2.1 -3.4 1.4
III 1.1 1.7 0.7 3.5 1.7 2.4 3.2 2.6 -2.4 2.0
II 2.2 3.0 0.8 4.5 2.6 2.2 1.1 1.9 0.8 1.7
I 0.9 2.3 1.4 4.1 2.5 3.2 1.4 2.6 0.6 2.3
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Indexes 2012=100
2021 II 110.7 r 122.9 r 111.0 r 132.8 r 113.3 r 120.0 r 97.5 r 112.5 r 128.7 r 114.8 r
I 111.3 122.0 109.6 131.6 114.5 118.3 100.7 112.4 113.8 112.6
2020 ANNUAL 106.7 113.7 106.5 128.9 114.1 120.8 96.3 112.6 100.9 111.0
2020 IV 109.9 119.4 108.6 131.6 115.6 119.8 96.5 112.0 106.6 111.2
III 105.8 112.2 106.0 129.2 114.1 122.1 86.7 110.3 117.2 111.3
II 106.1 104.7 98.7 131.1 117.2 123.6 92.1 113.1 88.6 109.6
I 105.1 118.5 112.8 124.0 109.9 118.0 109.1 115.0 90.7 111.6
2019 ANNUAL 104.4 118.7 113.7 120.6 108.1 115.5 107.7 112.9 98.5 110.8
2019 IV 104.8 119.5 114.0 121.7 108.1 116.1 108.0 113.4 101.2 111.7
III 104.5 118.8 113.7 120.6 107.9 115.4 108.7 113.2 99.1 111.2
II 104.4 118.5 113.5 120.3 108.0 115.3 107.3 112.6 98.4 110.6
I 104.0 118.0 113.4 119.6 108.3 115.0 106.9 112.3 95.4 109.9
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See footnotes following Table 6. November 4, 2021
r=revised Source: Bureau of Labor Statistics
Last Modified Date: September 12, 2024
United States Department of Labor
