Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted



Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs,
and prices, seasonally adjusted
                                                           Real
   Year       Output per             Hours     Compensa-   compensa-   Unit     Unit non-   Implicit
   and        hour of                of all    tion per    tion per    labor    labor pay-  price
   quarter    all persons  Output    persons   hour (1)    hour (2)    costs    ments (3)   deflator (4)
---------------------------------------------------------------------------------------------------------
                                           Indexes 1992=100
                                           
2007       I     138.2      168.8     122.1     174.2       122.1      126.0       138.2      130.5
          II     139.2      170.3     122.4     175.1       121.4      125.8       140.9      131.4
         III     141.1      172.0     121.9     176.3       121.5      125.0       143.3      131.7
          IV     141.8      172.8     121.9     178.5       121.3      125.9       143.0      132.2
          
      ANNUAL     140.1      171.0     122.1     176.0       121.6      125.7       141.4      131.5
      
2008       I     141.7      172.0     121.4     179.2       120.5      126.4       142.5      132.3
          II     142.8      172.6     120.8     179.8       119.6      125.9       144.9      132.9
         III     142.8      170.8     119.6     181.8       119.1      127.3       146.6      134.4
          IV     143.1      167.5     117.0     183.1       122.6      128.0       145.3      134.3
          
      ANNUAL     142.6      170.7     119.7     181.0       120.4      126.9       144.8      133.5
      
2009       I     143.2      163.7     114.3     180.9       121.9      126.3       150.5      135.2
          II     145.6      163.2     112.1     183.9       123.5      126.3       150.2      135.1
         III    r148.2     r164.1    r110.8    r186.4      r124.1     r125.8      r151.4     r135.2
          IV     150.4      167.0     111.0     187.1       123.5      124.4       153.8      135.2
          
      ANNUAL     146.8      164.5     112.1     184.6       123.2      125.7       151.5      135.2
---------------------------------------------------------------------------------------------------------
                       Percent change from previous quarter at annual rate(5)
                       
2007       I       1.2        0.9      -0.3       4.7         0.8        3.5         3.9        3.6
          II       2.8        3.7       0.9       2.0        -2.1       -0.7         8.1        2.7
         III       5.5        3.9      -1.5       2.7         0.3       -2.7         7.0        1.1
          IV       2.0        1.8      -0.2       5.0        -0.7        3.0        -0.9        1.4
          
      ANNUAL       1.8        2.3       0.5       4.2         1.3        2.3         2.4        2.3
      
2008       I      -0.1       -1.7      -1.6       1.7        -2.8        1.7        -1.5        0.5
          II       3.1        1.3      -1.7       1.3        -3.0       -1.8         6.9        1.6
         III      -0.1       -4.0      -3.9       4.5        -1.6        4.6         4.7        4.6
          IV       0.8       -7.6      -8.3       2.9        12.3        2.0        -3.5       -0.2
          
      ANNUAL       1.8       -0.1      -1.9       2.8        -1.0        1.0         2.4        1.5
      
2009       I       0.3       -8.8      -9.0      -4.7        -2.4       -5.0        15.2        2.7
          II       6.9       -1.1      -7.5       6.9         5.5        0.0        -0.8       -0.3
         III      r7.2       r2.2     r-4.7      r5.5        r1.9      r-1.5        r3.3       r0.4
          IV       6.2        7.2       1.0       1.5        -1.9       -4.4         6.4        0.0
          
      ANNUAL       2.9       -3.6      -6.4       2.0         2.4       -0.9         4.6        1.3
---------------------------------------------------------------------------------------------------------
                      Percent change from corresponding quarter of previous year
                      
2007       I       0.5        1.5       0.9       4.3         1.8        3.7         1.0        2.7
          II       1.1        2.1       1.1       4.3         1.6        3.1         1.3        2.4
         III       2.9        3.2       0.2       4.6         2.2        1.6         2.8        2.1
          IV       2.8        2.6      -0.3       3.6        -0.4        0.7         4.5        2.2
          
      ANNUAL       1.8        2.3       0.5       4.2         1.3        2.3         2.4        2.3
      
2008       I       2.5        1.9      -0.6       2.9        -1.3        0.3         3.1        1.4
          II       2.6        1.3      -1.3       2.7        -1.5        0.1         2.8        1.1
         III       1.2       -0.7      -1.9       3.1        -2.0        1.9         2.3        2.0
          IV       0.9       -3.0      -4.0       2.6         1.0        1.6         1.6        1.6
          
      ANNUAL       1.8       -0.1      -1.9       2.8        -1.0        1.0         2.4        1.5
      
2009       I       1.0       -4.8      -5.8       0.9         1.1       -0.1         5.6        2.2
          II       1.9       -5.4      -7.2       2.3         3.3        0.3         3.7        1.7
         III      r3.8      r-3.9      -7.4       2.5        r4.2      r-1.2        r3.3       r0.6
          IV       5.1       -0.3      -5.1       2.2         0.7       -2.8         5.9        0.7
          
      ANNUAL       2.9       -3.6      -6.4       2.0         2.4       -0.9         4.6        1.3
---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                       February 4, 2010
r=revised                                                              Source: Bureau of Labor Statistics

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Last Modified Date: February 04, 2010