Federal Reserve Economic Data

Table Data - Unit Labor Costs for Mining: Oil and Gas Extraction (NAICS 211) in the United States

Title Unit Labor Costs for Mining: Oil and Gas Extraction (NAICS 211) in the United States
Series ID IPUBN211U100000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-04-26 9:08 AM CDT
Notes Unit labor costs represent the cost of labor required to produce one unit of output. The unit labor cost indexes are computed by dividing an index of nominal industry labor compensation by an index of real industry output.
DATE VALUE
1987-01-01 44.148
1988-01-01 46.458
1989-01-01 49.113
1990-01-01 51.885
1991-01-01 53.108
1992-01-01 55.697
1993-01-01 56.090
1994-01-01 56.025
1995-01-01 57.386
1996-01-01 59.750
1997-01-01 65.686
1998-01-01 67.609
1999-01-01 69.251
2000-01-01 74.139
2001-01-01 76.889
2002-01-01 77.494
2003-01-01 79.363
2004-01-01 94.026
2005-01-01 110.837
2006-01-01 132.346
2007-01-01 142.431
2008-01-01 164.413
2009-01-01 148.330
2010-01-01 155.873
2011-01-01 163.099
2012-01-01 164.872
2013-01-01 153.270
2014-01-01 141.725
2015-01-01 129.672
2016-01-01 123.387
2017-01-01 100.000
2018-01-01 87.500
2019-01-01 83.191
2020-01-01 81.041
2021-01-01 69.257
2022-01-01 73.239
2023-01-01 72.560

Subscribe to the FRED newsletter


Follow us

Back to Top