United States Nonfarm Unit Labour Cost  1950-2016 | Data | Chart

Unit labor costs in the nonfarm business sector in the United States increased 2 percent in the second quarter of 2016 from the previous period, compared to a downwardly revised 0.2 percent drop in the first quarter, higher than market expectations of 1.8 percent growth, preliminary figures showed. Hourly compensation increased 1.5 percent while productivity fell 0.5 percent. Unit labor costs increased 2.1 percent over the last four quarters. Labour Costs in the United States averaged 58.85 Index Points from 1950 until 2016, reaching an all time high of 109.49 Index Points in the second quarter of 2016 and a record low of 17.12 Index Points in the first quarter of 1950. Labour Costs in the United States is reported by the U.S. Bureau of Labor Statistics.

United States Nonfarm Unit Labour Cost
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Actual Previous Highest Lowest Dates Unit Frequency
109.49 108.94 109.49 17.12 1950 - 2016 Index Points Quarterly
Seasonally Adjusted
Labour Costs refers to the relationship between compensation per hour and labor productivity, or real output per hour, and can be used as an indicator of inflationary pressure on producers. This page provides the latest reported value for - United States Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Nonfarm Unit Labour Cost - actual data, historical chart and calendar of releases - was last updated on August of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-05-04 12:30 PM Q1 4.1% 2.7% 3.3% 3.5%
2016-06-07 12:30 PM Q1 4.5% 5.4% 4% 4.1%
2016-08-09 12:30 PM Q2 2% -0.2% 1.8% 1.5%
2016-09-01 12:30 PM Q2 -0.2% 2% 2%
2016-11-03 01:30 PM Q3
2016-12-06 01:30 PM Q3

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 4.90 10.80 2.50 percent [+]
Non Farm Payrolls 255.00 292.00 1115.00 -1967.00 Thousand [+]
Government Payrolls 38.00 22.00 427.00 -260.00 Thousand [+]
Nonfarm Payrolls Private 217.00 265.00 1089.00 -814.00 Thousand [+]
Manufacturing Payrolls 9.00 14.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 261.00 262.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2145.00 2175.00 6635.00 988.00 Thousand [+]
ADP Employment Change 179.00 176.00 357.00 -881.00 Thousand [+]
Employed Persons 151517.00 151097.00 151517.00 57635.00 Thousand [+]
Unemployed Persons 7770.00 7783.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.30 0.10 0.60 -0.30 percent [+]
Average Weekly Hours 34.50 34.40 34.70 33.70 Hours [+]
Labor Force Participation Rate 62.80 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.27 1.25 2.80 1.19 percent [+]
Youth Unemployment Rate 10.80 10.70 19.50 7.80 percent [+]
Productivity 106.00 106.20 107.00 27.60 Index Points [+]
Labour Costs 109.49 108.94 109.49 17.12 Index Points [+]
Job Vacancies 5607.00 5499.00 6197.00 2132.00 Thousand [+]
Job Offers 5624.00 5514.00 5845.00 2196.00 Thousands [+]
Challenger Job Cuts 45346.00 38536.00 248475.00 15100.00 Persons [+]
Wages 21.59 21.52 21.59 2.50 USD/Hour [+]
Wages in Manufacturing 20.46 20.40 20.46 1.27 USD/Hour [+]
Wage Growth 4.60 5.20 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.60 0.60 1.60 0.20 percent [+]
Labor Market Conditions Index 1.00 -0.10 28.50 -43.60 [+]
Population 321.57 319.07 321.57 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 USD/Month [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]
Living Wage Family 2710.00 2680.00 2850.00 2680.00 USD/Month [+]
Living Wage Individual 1660.00 1650.00 1710.00 1650.00 USD/Month [+]
Part Time Employment 27595.00 27445.00 28134.00 10086.00 Thousand [+]
Full Time Employment 123892.00 123586.00 123892.00 64640.00 Thousand [+]
Employment Rate 59.70 59.60 64.70 55.00 percent [+]




Last
Australia 100.10 Mar/16
Austria 115.20 Jun/16
Belgium 108.50 Mar/16
Brazil 126.82 Jul/16
Bulgaria 141.51 Mar/16
Canada 115.83 Mar/16
China 103.60 Jun/16
Croatia 98.50 Mar/16
Cyprus 91.75 Mar/16
Czech Republic 109.25 Mar/16
Denmark 108.94 Mar/16
Estonia 124.59 Mar/16
Euro Area 106.03 Mar/16
European Union 105.19 Mar/16
Finland 110.99 Mar/16
France 106.31 Mar/16
Germany 109.05 Jun/16
Greece 91.30 Mar/16
Hong Kong 154.60 Mar/16
Hungary 124.00 Mar/16
Ireland 86.10 Mar/16
Italy 109.01 Mar/16
Latvia 120.94 Mar/16
Lithuania 120.40 Mar/16
Luxembourg 103.76 May/16
Malta 121.02 Mar/16
Mauritius 130.10 Dec/15
Mexico 73.80 Jun/16
Netherlands 101.00 Mar/16
New Zealand 1127.00 Jun/16
Norway 120.80 Mar/16
Poland 105.40 Mar/16
Portugal 92.30 Mar/16
Romania 115.80 Mar/16
Serbia 101.06 May/16
Singapore 109.90 Jun/16
Slovakia 107.30 Mar/16
Slovenia 102.40 Mar/16
South Africa 147.30 Dec/15
South Korea 148.10 Mar/16
Spain 97.70 Mar/16
Sweden 123.60 May/16
Taiwan 96.61 Jun/16
Turkey 201.56 Mar/16
United Kingdom 101.20 Mar/16
United States 109.49 Jun/16