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
Last Modified Date: February 04, 2010