Table Data - Unit Labor Costs for Finance and Insurance: Commercial Banking (NAICS 52211) in the United States

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 2025-01-01
Last Updated 2026-08-31 1:45 PM 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 52.736
1988-01-01 51.842
1989-01-01 50.983
1990-01-01 50.821
1991-01-01 51.038
1992-01-01 51.770
1993-01-01 53.266
1994-01-01 54.156
1995-01-01 53.687
1996-01-01 54.814
1997-01-01 57.639
1998-01-01 59.619
1999-01-01 59.425
2000-01-01 60.423
2001-01-01 61.860
2002-01-01 63.528
2003-01-01 66.517
2004-01-01 67.264
2005-01-01 70.115
2006-01-01 71.642
2007-01-01 71.498
2008-01-01 69.817
2009-01-01 70.028
2010-01-01 74.108
2011-01-01 77.837
2012-01-01 80.786
2013-01-01 85.810
2014-01-01 89.957
2015-01-01 90.942
2016-01-01 95.344
2017-01-01 100.000
2018-01-01 102.638
2019-01-01 104.445
2020-01-01 115.363
2021-01-01 112.803
2022-01-01 127.348
2023-01-01 126.749
2024-01-01 128.517
2025-01-01 130.702

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