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 IPUMN54121U101000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Percent Change from Year Ago
Date Range 1998-01-01 to 2023-01-01
Last Updated 2024-12-02 2:17 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
1998-01-01 1.8
1999-01-01 3.5
2000-01-01 -0.4
2001-01-01 -0.5
2002-01-01 -2.5
2003-01-01 -1.2
2004-01-01 4.2
2005-01-01 2.5
2006-01-01 3.7
2007-01-01 2.1
2008-01-01 1.7
2009-01-01 -1.1
2010-01-01 1.0
2011-01-01 -0.3
2012-01-01 3.0
2013-01-01 6.1
2014-01-01 0.4
2015-01-01 2.7
2016-01-01 3.8
2017-01-01 1.1
2018-01-01 3.6
2019-01-01 1.3
2020-01-01 -2.0
2021-01-01 3.7
2022-01-01 7.2
2023-01-01 3.5

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