Federal Reserve Economic Data

Unit Labor Costs for Private Nonfarm in Minnesota (IPUZNU100270000)

2024: 121.501
Updated: Jun 3, 2025 3:12 PM CDT
Next Release Date: Not Available
2024:  121.501  
2023:  118.453  
2022:  113.774  
2021:  109.100  
2020:  108.382  
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Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

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Notes

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2017=100, 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 Private Nonfarm in Minnesota [IPUZNU100270000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNU100270000, .

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