Source:
U.S. Bureau of Labor Statistics
Release:
Productivity and Costs
Units:
Percent Change From Quarter One Year Ago, Seasonally Adjusted
Frequency:
Quarterly
Notes:
BLS calculates unit labor costs as the ratio of hourly compensation to labor productivity.
For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf
Source Indicator PRS84006111
Suggested Citation:
U.S. Bureau of Labor Statistics,
Business Sector: Unit Labor Costs [PRS84006111],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/PRS84006111,
January 19, 2021.