Observation:
2023: 6.8 (+ more) Updated: Aug 29, 2024 10:27 AM CDT2023: | 6.8 | |
2022: | 5.5 | |
2021: | -8.1 | |
2020: | -1.5 | |
2019: | 1.3 | |
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Units:
Percent Change from Year Ago,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Units: Percent Change from Year Ago, Not Seasonally Adjusted
Frequency: Annual
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.
U.S. Bureau of Labor Statistics, Unit Labor Costs for Manufacturing: Semiconductor and Other Electronic Component Manufacturing (NAICS 33441) in the United States [IPUEN33441U101000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN33441U101000000, .