Federal Reserve Economic Data

Nonfinancial Corporations Sector: Unit Labor Costs for Employees (PRS88003112)

Q3 2024: -0.4
Updated: Feb 6, 2025 7:36 AM CST
Q3 2024:  -0.4  
Q2 2024:  -0.2  
Q1 2024:  5.5  
Q4 2023:  -1.6  
Q3 2023:  2.0  
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Units:

Percent Change at Annual Rate,
Seasonally Adjusted

Frequency:

Quarterly

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NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Percent Change at Annual Rate, Seasonally Adjusted

Frequency:  Quarterly

Notes:

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 PRS88003112

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfinancial Corporations Sector: Unit Labor Costs for Employees [PRS88003112], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS88003112, .

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