Observation:
Q3 2023: -0.7 (+ more) Updated: Nov 2, 2023Q3 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,Frequency:
QuarterlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Productivity and Costs
Units: Percent Change at Annual Rate, Seasonally Adjusted
Frequency: Quarterly
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
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.