Table 6. Nonfinancial corporate sector: Labor productivity, hourly compensation, unit labor costs, unit profits, and prices, seasonally adjusted
Table 6. Nonfinancial corporate sector: Labor productivity, hourly compensation, unit labor costs,
unit profits, and prices, seasonally adjusted.
Value-
Real added Unit
Hourly hourly output Unit combined
Year Labor compen- compen- Unit price nonlabor input Unit
and produc- Hours sation sation labor deflator costs costs profits
quarter tivity Output worked (1) (2) costs (4) (6) (7) (8)
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Percent change from previous quarter at annual rate (5)
2022 ANNUAL -2.0 2.1 4.2 5.7 -2.2 7.8 9.1 12.9 9.3 8.1
2022 IV 0.7 1.9 1.2 5.8 1.6 5.1 1.9 -0.3 3.4 -6.1
III 0.7 r 4.3 3.6 7.8 r 2.1 7.1 4.3 1.6 5.3 -1.1
II -2.8 -0.6 2.3 4.2 r -5.1 r 7.2 12.6 12.0 8.6 36.4
I -5.0 r -1.2 4.0 3.6 -5.2 r 9.1 12.2 24.7 13.6 4.8
2021 ANNUAL 3.0 8.3 5.2 r 4.5 -0.3 r 1.5 5.0 4.1 2.3 22.9
2021 IV -2.4 r 5.3 8.0 5.4 -3.1 r 8.1 8.6 17.7 10.9 -3.1
III 1.2 r 5.4 4.2 r 9.4 r 2.6 r 8.1 8.2 17.0 10.7 -4.0
II -1.1 4.7 5.8 6.9 -1.0 r 8.0 8.2 -10.8 2.0 48.2
I 3.0 7.3 4.2 -1.2 -5.3 r -4.1 4.4 3.3 -1.9 51.6
2020 ANNUAL 3.6 -4.0 -7.4 r 8.1 6.7 4.4 1.4 -7.5 0.6 6.6
2020 IV 13.0 24.3 10.0 7.5 4.7 r -4.9 1.3 59.3 10.3 -38.3
III 0.2 34.5 34.2 -7.0 -11.2 r -7.2 3.2 -22.9 -11.9 177.2
II 3.2 -41.0 -42.9 28.6 33.3 r 24.6 2.9 -35.4 2.3 7.0
I 3.3 r -2.3 -5.4 r 9.1 r 7.6 5.6 -0.6 2.5 4.6 -30.6
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Percent change from corresponding quarter of previous year
2022 ANNUAL -2.0 2.1 4.2 5.7 -2.2 7.8 9.1 12.9 9.3 8.1
2022 IV -1.6 1.1 2.8 5.3 -1.7 7.1 7.6 9.1 7.7 7.3
III -2.4 r 1.9 4.4 r 5.2 -2.9 r 7.8 9.4 13.7 9.6 8.2
II -2.3 2.2 4.6 5.6 -2.8 r 8.1 10.4 17.8 10.9 7.4
I -1.9 3.5 5.5 6.3 -1.7 r 8.3 9.3 11.3 9.2 9.6
2021 ANNUAL 3.0 8.3 5.2 r 4.5 -0.3 r 1.5 5.0 4.1 2.3 22.9
2021 IV 0.1 5.7 5.5 5.0 -1.7 r 4.9 7.3 6.1 5.3 20.3
III 3.9 10.2 6.0 5.6 0.2 r 1.6 5.5 14.5 5.1 7.4
II 3.7 17.1 12.9 1.4 -3.4 r -2.2 4.3 3.1 -0.7 40.0
I 4.8 1.4 -3.2 6.2 4.1 r 1.3 3.0 -4.8 -0.6 29.1
2020 ANNUAL 3.6 -4.0 -7.4 r 8.1 6.7 4.4 1.4 -7.5 0.6 6.6
2020 IV 4.8 -0.9 -5.5 8.8 7.4 r 3.8 1.7 -5.0 1.0 6.2
III 2.7 -5.3 -7.9 r 8.4 r 6.9 r 5.5 1.6 -16.4 -1.6 23.7
II 3.3 -11.4 -14.3 r 10.6 10.0 r 7.1 1.1 -9.9 1.7 -3.0
I 2.7 1.6 -1.1 4.2 2.0 r 1.5 1.0 0.9 1.3 -1.2
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Indexes 2012=100
2022 ANNUAL 111.5 126.4 113.3 146.7 114.5 131.5 128.8 117.9 126.9 140.0
2022 IV 111.5 127.5 114.4 149.8 114.7 134.4 130.9 118.9 129.2 140.8
III 111.3 r 126.9 114.0 r 147.7 r 114.2 r 132.7 130.3 118.9 128.2 143.0
II 111.1 r 125.5 113.0 r 145.0 r 113.6 r 130.5 128.9 118.5 126.5 143.4
I 111.9 r 125.7 112.4 r 143.5 r 115.1 r 128.3 125.2 115.2 123.9 132.7
2021 ANNUAL 113.8 r 123.8 108.8 r 138.8 r 117.1 r 121.9 118.0 104.4 116.1 129.5
2021 IV 113.3 r 126.1 111.3 r 142.2 r 116.7 r 125.5 121.6 109.0 120.0 131.2
III 114.0 r 124.5 109.2 r 140.4 r 117.6 r 123.1 119.1 104.6 117.0 132.2
II 113.7 r 122.9 108.1 r 137.3 r 116.9 r 120.7 116.8 100.6 114.0 133.5
I 114.0 r 121.5 106.5 r 135.0 r 117.2 r 118.4 114.5 103.5 113.5 121.0
2020 ANNUAL 110.5 r 114.3 103.4 r 132.8 r 117.5 r 120.2 112.4 100.3 113.6 105.4
2020 IV 113.2 r 119.3 105.5 r 135.4 r 118.8 r 119.7 113.3 102.7 114.0 109.1
III 109.8 r 113.0 103.0 r 133.0 r 117.4 r 121.2 112.9 91.4 111.3 123.1
II 109.7 r 104.9 95.7 r 135.4 r 121.0 r 123.5 112.0 97.5 114.8 95.4
I 108.8 r 119.8 110.1 r 127.2 r 112.6 r 116.9 111.2 108.8 114.2 93.8
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See footnotes following Table 6. May 4, 2023
r=revised Source: Bureau of Labor Statistics
Last Modified Date: May 04, 2023
United States Department of Labor
