Federal Reserve Economic Data: Your trusted data source since 1991

Nonfinancial Corporations Sector: Unit Labor Costs for Employees (PRS88003111)

Observation:

Q1 2024: 1.1 (+ more)   Updated: Jun 6, 2024 7:36 AM CDT
Q1 2024:  1.1  
Q4 2023:  1.7  
Q3 2023:  3.3  
Q2 2023:  4.2  
Q1 2023:  4.1  
View All

Units:

Percent Change from Quarter One Year Ago,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

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 PRS88003111

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfinancial Corporations Sector: Unit Labor Costs for Employees [PRS88003111], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS88003111, .


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