Federal Reserve Economic Data: Your trusted data source since 1991

Business Sector: Unit Labor Costs for All Workers (PRS84006112)

Observation:

Q3 2023: -0.7 (+ more)   Updated: Nov 2, 2023
Q3 2023:  -0.7  
Q2 2023:  3.0  
Q1 2023:  7.1  
Q4 2022:  -2.0  
Q3 2022:  6.7  
View All

Units:

Percent Change at Annual Rate,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Percent Change at Annual Rate, 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 PRS84006112

Suggested Citation:

U.S. Bureau of Labor Statistics, Business Sector: Unit Labor Costs for All Workers [PRS84006112], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS84006112, December 3, 2023.

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