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.
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.
Productivity increased 1.2 percent from Q2 2016 to Q2 2017
August 11, 2017
From the second quarter of 2016 to the second quarter of 2017, productivity increased 1.2 percent, reflecting a 2.7-percent increase in output and a 1.5-percent increase in hours worked. Real hourly compensation decreased 0.9 percent over the same period.
Percent change in productivity measures from Q2 2016 to Q2 2017
Measure
Nonfarm business
Business
Manufacturing
Durable manufacturing
Nondurable manufacturing
Labor Productivity
1.2%
1.1%
1.0%
1.3%
0.6%
Output
2.7
2.5
1.5
1.7
1.3
Hours worked
1.5
1.3
0.4
0.3
0.7
Hourly compensation
1.0
1.1
1.1
0.8
1.7
Real hourly compensation
-0.9
-0.8
-0.8
-1.1
-0.2
Unit labor costs
-0.2
0.0
0.1
-0.5
1.1
Labor productivity in manufacturing increased 1.0 percent from the second quarter of 2016 to the second quarter of 2017, as output increased 1.5 percent and hours worked increased 0.4 percent. Real hourly compensation in manufacturing declined 0.8 percent over that period.
These data are from theLabor Productivity and Costsprogram. To learn more, see “Productivity and Costs — Second Quarter 2017, Preliminary,” (HTML) (PDF). Also seeCharts related to the latest "Productivity and Costs" news release. Labor productivity is calculated by dividing inflation-adjusted output by hours worked for all employees, business owners, and unpaid family workers. Unit labor costs are calculated as the ratio of hourly compensation to labor productivity.
United States Department of Labor
