Observation:
Q2 2024: 1.8 (+ more) Updated: Nov 7, 2024 7:36 AM CSTQ2 2024: | 1.8 | |
Q1 2024: | 2.1 | |
Q4 2023: | 2.9 | |
Q3 2023: | 3.9 | |
Q2 2023: | 4.7 | |
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Units:
Percent Change from Quarter One Year Ago,Frequency:
QuarterlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Productivity and Costs
Units: Percent Change from Quarter One Year Ago, Seasonally Adjusted
Frequency: Quarterly
BLS calculates unit labor costs as the ratio of hourly compensation to labor productivity.
For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf
Source Indicator PRS88003111
U.S. Bureau of Labor Statistics, Nonfinancial Corporations Sector: Unit Labor Costs for Employees [PRS88003111], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS88003111, .