Table Data - Unit Labor Costs for Finance and Insurance: Commercial Banking (NAICS 522110) in the United States
| Title | Unit Labor Costs for Finance and Insurance: Commercial Banking (NAICS 522110) in the United States |
|---|---|
| Series ID | IPUKN522110U100000000 |
| 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 2024-01-01 |
| Last Updated | 2025-06-26 10:07 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 | 52.746 |
| 1988-01-01 | 51.852 |
| 1989-01-01 | 50.993 |
| 1990-01-01 | 50.830 |
| 1991-01-01 | 51.047 |
| 1992-01-01 | 51.779 |
| 1993-01-01 | 53.276 |
| 1994-01-01 | 54.166 |
| 1995-01-01 | 53.696 |
| 1996-01-01 | 54.824 |
| 1997-01-01 | 57.649 |
| 1998-01-01 | 59.630 |
| 1999-01-01 | 59.436 |
| 2000-01-01 | 60.434 |
| 2001-01-01 | 61.871 |
| 2002-01-01 | 63.540 |
| 2003-01-01 | 66.530 |
| 2004-01-01 | 67.277 |
| 2005-01-01 | 70.129 |
| 2006-01-01 | 71.656 |
| 2007-01-01 | 71.511 |
| 2008-01-01 | 69.828 |
| 2009-01-01 | 70.039 |
| 2010-01-01 | 74.118 |
| 2011-01-01 | 77.848 |
| 2012-01-01 | 80.798 |
| 2013-01-01 | 85.818 |
| 2014-01-01 | 89.961 |
| 2015-01-01 | 90.941 |
| 2016-01-01 | 95.344 |
| 2017-01-01 | 100.000 |
| 2018-01-01 | 102.639 |
| 2019-01-01 | 104.447 |
| 2020-01-01 | 115.366 |
| 2021-01-01 | 112.790 |
| 2022-01-01 | 127.331 |
| 2023-01-01 | 126.445 |
| 2024-01-01 | 128.224 |