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Unit Labor Costs for Manufacturing: Petroleum and Coal Products Manufacturing (NAICS 3241) in the United States (IPUEN3241U101000000)

Observation:

2022: 5.6 (+ more)   Updated: Apr 28, 2023
2022:  5.6  
2021:  -11.0  
2020:  19.2  
2019:  1.3  
2018:  0.0  
View All

Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Annual

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.

Suggested Citation:

U.S. Bureau of Labor Statistics, Unit Labor Costs for Manufacturing: Petroleum and Coal Products Manufacturing (NAICS 3241) in the United States [IPUEN3241U101000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN3241U101000000, September 23, 2023.

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