Federal Reserve Economic Data

Unit Labor Costs for Private Nonfarm in Maryland (IPUZNU100240000)

Observation:

2023: 122.116 (+ more)   Updated: May 31, 2024 2:54 PM CDT
2023:  122.116  
2022:  119.413  
2021:  113.647  
2020:  110.730  
2019:  105.778  
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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 Private Nonfarm in Maryland [IPUZNU100240000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNU100240000, .

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