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



Table 2. Nonfarm business sector: Labor productivity, hourly compensation, unit labor costs, and
prices, seasonally adjusted.
                                                          Real
                                               Hourly     hourly                Unit       Implicit
Year          Labor                            compen-    compen-     Unit      nonlabor   price
and           produc-               Hours      sation     sation      labor     payments   deflator
quarter       tivity     Output     worked     (1)        (2)         costs     (3)        (4)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate (5)

2016 II       -0.5         1.2        1.8        1.5       -1.1        2.0        3.0        2.4  
     I        -0.6         0.7 r      1.4 r     -0.8 r     -0.4 r     -0.2 r      1.8 r      0.7 r

2015 ANNUAL    0.9 r       3.1 r      2.1        2.9 r      2.8 r      2.0 r     -0.4 r      1.0  

2015 IV       -2.4 r       0.8 r      3.3        3.1 r      2.3 r      5.7 r     -6.2 r      0.5 r
     III       2.0         1.8       -0.2        2.9 r      1.5 r      0.8 r      1.1 r      1.0  
     II        1.2 r       3.1 r      1.9        4.8 r      2.2 r      3.6 r     -0.1 r      2.0 r
     I         1.1 r       2.4 r      1.3        1.8        4.8        0.7 r     -0.1 r      0.4 r

2014 ANNUAL    0.8         3.0        2.2        2.8        1.1 r      2.0        1.3 r      1.7 r

2014 IV       -1.6 r       2.7 r      4.4        3.6 r      3.9 r      5.2 r     -6.3 r      0.1 r
     III       4.2 r       6.5 r      2.3        3.9 r      3.0 r     -0.2 r      4.5 r      1.8  
     II        2.0 r       5.1 r      3.0       -1.7 r     -3.6 r     -3.7 r      9.8 r      1.9  
     I        -3.7 r      -1.8 r      2.0        6.2 r      3.8 r     10.2 r     -9.2 r      1.4 r
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2016 II       -0.4         1.1        1.5        1.7        0.6        2.1       -0.1        1.1  
     I         0.0 r       1.6 r      1.6        2.5 r      1.4 r      2.5 r     -0.9 r      1.0 r

2015 ANNUAL    0.9 r       3.1 r      2.1        2.9 r      2.8 r      2.0 r     -0.4 r      1.0  

2015 IV        0.4 r       2.0 r      1.6        3.1 r      2.7 r      2.7 r     -1.4 r      0.9 r
     III       0.7 r       2.5        1.8        3.2 r      3.1        2.6 r     -1.4 r      0.8  
     II        1.2 r       3.7 r      2.5        3.5        3.5        2.3 r     -0.6 r      1.0  
     I         1.4 r       4.2 r      2.7        1.9        2.0        0.5 r      1.8 r      1.0 r

2014 ANNUAL    0.8         3.0        2.2        2.8        1.1 r      2.0        1.3 r      1.7 r

2014 IV        0.2 r       3.1 r      2.9        2.9        1.7        2.7 r     -0.6 r      1.3 r
     III       1.6 r       3.8 r      2.2        2.6        0.8        1.0 r      3.0 r      1.8 r
     II        1.0         3.1 r      2.1        1.9 r     -0.1        0.9        3.4 r      2.0 r
     I         0.3 r       2.0 r      1.7        3.8        2.3 r      3.4       -0.4 r      1.8 r
---------------------------------------------------------------------------------------------------
                                         Indexes 2009=100

2016 II      106.0       119.0      112.3      116.1      104.0      109.5      111.6      110.4  
     I       106.2 r     118.7 r    111.8 r    115.7 r    104.3 r    108.9 r    110.8 r    109.7 r

2015 ANNUAL  106.5 r     117.8 r    110.6 r    114.5 r    103.6 r    107.5 r    111.5 r    109.2 r

2015 IV      106.3 r     118.5 r    111.4 r    115.9 r    104.4 r    109.0 r    110.3 r    109.5 r
     III     107.0 r     118.2 r    110.5 r    115.0 r    103.8 r    107.5 r    112.1 r    109.4 r
     II      106.4 r     117.7 r    110.6 r    114.2 r    103.4 r    107.3 r    111.8 r    109.1 r
     I       106.1 r     116.8 r    110.1 r    112.9 r    102.9 r    106.3 r    111.8 r    108.6 r

2014 ANNUAL  105.5 r     114.3 r    108.3 r    111.2 r    100.8 r    105.4 r    111.9 r    108.1 r

2014 IV      105.9 r     116.1 r    109.7 r    112.4 r    101.7 r    106.1 r    111.8 r    108.5 r
     III     106.3 r     115.3 r    108.5 r    111.4 r    100.7 r    104.8 r    113.7 r    108.5 r
     II      105.2 r     113.5 r    107.9 r    110.3 r    100.0 r    104.9 r    112.4 r    108.0 r
     I       104.7 r     112.1 r    107.1 r    110.8 r    100.9 r    105.8 r    109.8 r    107.5 r
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                     August 9, 2016
r=revised                                                        Source: Bureau of Labor Statistics

Table of Contents

Last Modified Date: August 09, 2016