Federal Reserve Economic Data

Table Data - Unit Labor Costs for Professional, Scientific, and Technical Services: Accounting, Tax Preparation, Bookkeeping, and Payroll Services (NAICS 54121) in the United States

Title Unit Labor Costs for Professional, Scientific, and Technical Services: Accounting, Tax Preparation, Bookkeeping, and Payroll Services (NAICS 54121) in the United States
Series ID IPUMN54121U100000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1997-01-01 to 2023-01-01
Last Updated 2024-12-02 2:15 PM CST
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
1997-01-01 73.259
1998-01-01 74.588
1999-01-01 77.234
2000-01-01 76.944
2001-01-01 76.579
2002-01-01 74.667
2003-01-01 73.806
2004-01-01 76.919
2005-01-01 78.817
2006-01-01 81.699
2007-01-01 83.382
2008-01-01 84.830
2009-01-01 83.912
2010-01-01 84.754
2011-01-01 84.540
2012-01-01 87.104
2013-01-01 92.407
2014-01-01 92.776
2015-01-01 95.310
2016-01-01 98.953
2017-01-01 100.000
2018-01-01 103.595
2019-01-01 104.972
2020-01-01 102.867
2021-01-01 106.629
2022-01-01 114.284
2023-01-01 118.240

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