Federal Reserve Economic Data

Unit Labor Costs for Mining: Nonmetallic Mineral Mining and Quarrying (NAICS 2123) in the United States (IPUBN2123U100000000)

Observation:

2023: 132.481 (+ more)   Updated: Dec 2, 2024 2:17 PM CST
2023:  132.481  
2022:  120.265  
2021:  114.485  
2020:  111.559  
2019:  110.776  
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Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

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.

Suggested Citation:

U.S. Bureau of Labor Statistics, Unit Labor Costs for Mining: Nonmetallic Mineral Mining and Quarrying (NAICS 2123) in the United States [IPUBN2123U100000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUBN2123U100000000, .

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