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From the second quarter of 2019 to the second quarter of 2020, nonfarm business output decreased 11.2 percent and hours worked decreased 13.6 percent, resulting in a 2.8-percent increase in productivity.
Quarter | Output | Hours worked | Labor productivity (output per hour) |
---|---|---|---|
Q2 2015 |
100.0 | 100.0 | 100.0 |
Q3 2015 |
100.4 | 100.1 | 100.3 |
Q4 2015 |
100.4 | 100.7 | 99.7 |
Q1 2016 |
101.1 | 101.1 | 99.9 |
Q2 2016 |
101.4 | 101.4 | 99.9 |
Q3 2016 |
102.0 | 101.7 | 100.2 |
Q4 2016 |
102.8 | 102.0 | 100.9 |
Q1 2017 |
103.4 | 102.3 | 101.1 |
Q2 2017 |
104.0 | 102.9 | 101.1 |
Q3 2017 |
105.0 | 103.2 | 101.7 |
Q4 2017 |
106.2 | 104.0 | 102.0 |
Q1 2018 |
107.3 | 104.5 | 102.6 |
Q2 2018 |
108.1 | 105.0 | 102.9 |
Q3 2018 |
108.7 | 105.5 | 103.0 |
Q4 2018 |
109.1 | 105.7 | 103.2 |
Q1 2019 |
110.1 | 105.7 | 104.2 |
Q2 2019 |
110.4 | 105.5 | 104.7 |
Q3 2019 |
111.2 | 106.2 | 104.8 |
Q4 2019 |
112.0 | 106.5 | 105.2 |
Q1 2020 |
110.2 | 104.8 | 105.1 |
Q2 2020 |
98.1 | 91.1 | 107.7 |
These data are from the Labor Productivity and Costs program. To learn more, see Productivity and Costs — Second Quarter 2020, Revised. 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 by all persons, including employees, proprietors, and unpaid family workers. BLS calculates unit labor costs as the ratio of hourly compensation to labor productivity.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Output down 11.2 percent, hours worked down 13.6 percent from 2019 at https://www.bls.gov/opub/ted/2020/output-down-11-2-percent-hours-worked-down-13-point-6-percent-from-2019.htm (visited October 10, 2024).