NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Unit Labor Costs for Finance and Insurance: Commercial Banking (NAICS 52211) in the United States Series ID: IPUKN52211U100000000 Source: U.S. Bureau of Labor Statistics Release: Industry Productivity Seasonal Adjustment: Not Seasonally Adjusted Frequency: Annual Units: Index 2017=100 Date Range: 1987-01-01 to 2022-01-01 Last Updated: 2024-04-26 9:07 AM CDT Notes: Unit labor costs represent the cost of labor required to produce one unit of output. The unit labor cost indexes are computed by dividing an index of nominal industry labor compensation by an index of real industry output. DATE VALUE 1987-01-01 52.789 1988-01-01 51.895 1989-01-01 51.035 1990-01-01 50.872 1991-01-01 51.089 1992-01-01 51.821 1993-01-01 53.320 1994-01-01 54.211 1995-01-01 53.741 1996-01-01 54.869 1997-01-01 57.697 1998-01-01 59.679 1999-01-01 59.485 2000-01-01 60.484 2001-01-01 61.922 2002-01-01 63.592 2003-01-01 66.585 2004-01-01 67.332 2005-01-01 70.187 2006-01-01 71.715 2007-01-01 71.570 2008-01-01 69.886 2009-01-01 70.097 2010-01-01 74.180 2011-01-01 77.910 2012-01-01 80.861 2013-01-01 85.850 2014-01-01 89.953 2015-01-01 90.885 2016-01-01 95.314 2017-01-01 100.000 2018-01-01 102.673 2019-01-01 104.512 2020-01-01 115.533 2021-01-01 112.798 2022-01-01 116.928