Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted
Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted
Real
Output Compen- compen- Unit Implicit
Year per hour Hours sation sation Unit nonlabor price
and of all of all per hour per hour labor payments deflator
quarter persons Output persons (1) (2) costs (3) (4)
---------------------------------------------------------------------------------------------------
Percent change from previous quarter at annual rate(5)
2012 I -0.5 2.7 3.2 1.5 -0.9 2.0 0.4 1.3
2011 ANNUAL 0.4 2.4 1.9 r 2.5 -0.6 r 2.0 2.2 2.1
2011 IV 1.2 r 3.7 2.4 r 3.9 r 2.6 r 2.7 r -1.9 0.8
III 1.8 2.8 1.0 5.7 2.5 r 3.9 0.5 2.5
II -0.3 1.8 2.2 -0.5 -4.7 r -0.1 6.7 2.7
I -1.0 0.9 1.9 5.1 0.5 r 6.2 -3.1 2.2
2010 ANNUAL 4.0 4.0 0.0 1.9 0.3 -2.0 5.7 1.1
2010 IV 1.8 3.8 1.9 0.1 -2.8 r -1.7 6.5 1.7
III 1.8 3.5 1.7 1.6 0.2 -0.2 2.0 0.7
II 1.2 4.6 3.3 2.6 3.0 r 1.4 3.0 2.0
I 4.5 5.2 0.6 1.3 0.4 r -3.1 8.8 1.6
---------------------------------------------------------------------------------------------------
Percent change from corresponding quarter of previous year
2012 I 0.5 2.8 2.2 2.6 -0.2 2.1 1.4 1.8
2011 ANNUAL 0.4 2.4 1.9 r 2.5 -0.6 r 2.0 2.2 2.1
2011 IV 0.4 r 2.3 1.9 3.5 0.2 3.1 0.5 2.0
III 0.5 2.3 1.8 2.6 -1.2 2.0 2.6 2.2
II 0.6 2.5 1.9 1.6 -1.7 1.0 2.9 1.8
I 0.9 3.2 2.2 2.3 0.2 r 1.4 2.0 1.7
2010 ANNUAL 4.0 4.0 0.0 1.9 0.3 -2.0 5.7 1.1
2010 IV 2.3 4.3 1.9 1.4 0.2 -0.9 5.0 1.5
III 3.2 4.7 1.5 1.6 0.4 -1.5 5.4 1.2
II 4.4 4.2 -0.2 1.8 0.0 -2.5 6.9 1.2
I 6.1 2.7 -3.2 2.9 0.5 -3.1 5.7 0.4
---------------------------------------------------------------------------------------------------
Indexes 2005=100
2012 I 110.8 106.9 96.5 120.7 103.2 109.0 118.7 112.8
2011 ANNUAL 110.2 r 104.8 r 95.1 r 118.6 r 102.9 r 107.5 r 118.6 r 111.9 r
2011 IV 110.9 r 106.2 r 95.8 r 120.2 r 103.4 r 108.4 r 118.6 r 112.4 r
III 110.6 105.2 95.2 119.1 102.7 r 107.7 119.1 112.2
II 110.1 104.5 94.9 117.4 102.1 r 106.7 119.0 111.5
I 110.2 104.0 94.4 117.6 103.3 r 106.7 117.1 110.8
2010 ANNUAL 109.8 102.4 93.3 115.7 103.6 105.4 116.1 109.6
2010 IV 110.5 103.8 94.0 116.1 103.2 r 105.1 118.0 110.2
III 110.0 102.9 93.5 116.1 103.9 105.6 116.2 109.7
II 109.5 102.0 93.1 115.6 103.9 105.6 115.6 109.5
I 109.1 100.8 92.4 114.9 103.1 r 105.3 114.7 109.0
---------------------------------------------------------------------------------------------------
See footnotes following Table 6. May 3, 2012
r=revised Source: Bureau of Labor Statistics
Last Modified Date: May 03, 2012
