US Unit Labor Costs: Nonfarm Business QoQ (I:USCUVUOA)
3.00% for 2023
Level Chart
Basic Info
|
US Unit Labor Costs: Nonfarm Business QoQ is at 3.00%, compared to 5.70% last year. This is higher than the long term average of 2.78%. |
| Report | Labor Productivity and Costs |
| Categories | Employment , Hours and Wages |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 3.00% |
| Latest Period | 2023 |
| Last Updated | Mar 7 2024, 08:31 EST |
| Next Release | Jun 6 2024, 08:30 EDT (R) |
| Long Term Average | 2.78% |
| Average Growth Rate | 31.15% |
| Value from 1 Year Ago | 5.70% |
| Change from 1 Year Ago | -47.37% |
| Frequency | Yearly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | Upgrade |
Historical Data
| Date | Value |
|---|---|
| December 31, 2023 | 3.00% |
| December 31, 2022 | 5.70% |
| December 31, 2021 | 3.20% |
| December 31, 2020 | 2.80% |
| December 31, 2019 | 1.70% |
| December 31, 2018 | 2.00% |
| December 31, 2017 | 2.10% |
| December 31, 2016 | 0.60% |
| December 31, 2015 | 1.80% |
| December 31, 2014 | 1.70% |
| December 31, 2013 | 0.50% |
| December 31, 2012 | 1.50% |
| December 31, 2011 | 2.10% |
| December 31, 2010 | -1.40% |
| December 31, 2009 | -2.70% |
| December 31, 2008 | 1.70% |
| December 31, 2007 | 2.60% |
| December 31, 2006 | 2.80% |
| December 31, 2005 | 1.40% |
| December 31, 2004 | 1.50% |
| December 31, 2003 | 0.00% |
| December 31, 2002 | -1.90% |
| December 31, 2001 | 1.70% |
| December 31, 2000 | 3.90% |
| December 31, 1999 | 0.70% |
| Date | Value |
|---|---|
| December 31, 1998 | 2.40% |
| December 31, 1997 | 1.90% |
| December 31, 1996 | 1.30% |
| December 31, 1995 | 1.40% |
| December 31, 1994 | 0.30% |
| December 31, 1993 | 1.10% |
| December 31, 1992 | 1.70% |
| December 31, 1991 | 3.10% |
| December 31, 1990 | 4.20% |
| December 31, 1989 | 2.00% |
| December 31, 1988 | 3.40% |
| December 31, 1987 | 3.30% |
| December 31, 1986 | 2.70% |
| December 31, 1985 | 3.20% |
| December 31, 1984 | 2.10% |
| December 31, 1983 | 0.10% |
| December 31, 1982 | 8.30% |
| December 31, 1981 | 8.00% |
| December 31, 1980 | 10.80% |
| December 31, 1979 | 9.80% |
| December 31, 1978 | 7.10% |
| December 31, 1977 | 6.40% |
| December 31, 1976 | 4.20% |
| December 31, 1975 | 7.60% |
| December 31, 1974 | 11.30% |
Basic Info
|
US Unit Labor Costs: Nonfarm Business QoQ is at 3.00%, compared to 5.70% last year. This is higher than the long term average of 2.78%. |
| Report | Labor Productivity and Costs |
| Categories | Employment , Hours and Wages |
| Region | United States |
| Source | Bureau of Labor Statistics |
Stats
| Last Value | 3.00% |
| Latest Period | 2023 |
| Last Updated | Mar 7 2024, 08:31 EST |
| Next Release | Jun 6 2024, 08:30 EDT (R) |
| Long Term Average | 2.78% |
| Average Growth Rate | 31.15% |
| Value from 1 Year Ago | 5.70% |
| Change from 1 Year Ago | -47.37% |
| Frequency | Yearly |
| Unit | Percent |
| Adjustment | Seasonally Adjusted Annual Rate |
| Download Source File | Upgrade |