Labor Productivity and Costs

Labor productivity is a measure of economic performance that compares the amount of goods and services produced (output) with the number of hours worked to produce those goods and services. Two BLS programs produce Labor Productivity and Costs measures for sectors of the US economy: Major Sector Productivity program & Industry Productivity program. The Major Sector Productivity program develops quarterly labor productivity measures for the major US economic sectors. The Industry Productivity program develops annual labor productivity and unit labor cost measures for US industries.

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US Unit Labor Costs Index: Nonfarm Business

Current (Mar 2021) Previous (Dec 2020) % Chg Prev % Chg 1Y
116.22 116.32 -0.08% 1.57%

Related Indicator Reports

Report Last Updated
Canada Labour Force Survey May 7, 08:35 EDT
Employment Situation May 7, 08:31 EDT
Unemployment Insurance Weekly Claims May 6, 08:34 EDT
Labor Productivity and Costs May 6, 08:34 EDT
ADP Employment Report May 5, 08:21 EDT
ASA Staffing Index May 4, 10:23 EDT
Employment Cost Index Apr 30, 08:34 EDT

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