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

Unit labor costs in the nonfarm business sector in the United States increased an annualized 4.3 percent on quarter in the three months to 2016, recovering from an upwardly revised 0.3 percent drop in the previous period and compared to a 2 percent rise in the preliminary estimate, final figures showed. It reflects a 3.7 percent increase in hourly compensation (1.5 percent in the preliminary estimate) and a 0.6 percent decline in productivity (-0.5 percent in the preliminary estimate). Year-on-year, unit labor costs increased 2.6 percent. 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
110.10 108.90 110.10 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 September of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
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 4.3% -0.3% 2.1% 2%
2016-11-03 01:30 PM Q3 4.3%
2016-12-06 01:30 PM Q3 4.3%

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.90 4.90 10.80 2.50 percent [+]
Non Farm Payrolls 151.00 275.00 1115.00 -1967.00 Thousand [+]
Government Payrolls 25.00 50.00 427.00 -260.00 Thousand [+]
Nonfarm Payrolls Private 126.00 225.00 1089.00 -814.00 Thousand [+]
Manufacturing Payrolls -14.00 6.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 252.00 260.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2113.00 2149.00 6635.00 988.00 Thousand [+]
ADP Employment Change 177.00 194.00 357.00 -881.00 Thousand [+]
Employed Persons 151614.00 151517.00 151614.00 57635.00 Thousand [+]
Unemployed Persons 7849.00 7770.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.10 0.30 0.60 -0.30 percent [+]
Average Weekly Hours 34.30 34.40 34.70 33.70 Hours [+]
Labor Force Participation Rate 62.80 62.80 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.26 1.27 2.80 1.19 percent [+]
Youth Unemployment Rate 10.20 10.80 19.50 7.80 percent [+]
Productivity 106.00 106.20 107.00 27.60 Index Points [+]
Labour Costs 110.10 108.90 110.10 17.12 Index Points [+]
Job Vacancies 6090.00 5607.00 6197.00 2132.00 Thousand [+]
Job Offers 5871.00 5643.00 5871.00 2196.00 Thousands [+]
Challenger Job Cuts 32188.00 45346.00 248475.00 15100.00 Persons [+]
Wages 21.64 21.60 21.64 2.50 USD/Hour [+]
Wages in Manufacturing 20.47 20.46 20.47 1.27 USD/Hour [+]
Wage Growth 4.06 3.89 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 -0.70 1.00 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 27207.00 27595.00 28134.00 10086.00 Thousand [+]
Full Time Employment 124301.00 123892.00 124301.00 64640.00 Thousand [+]
Employment Rate 59.70 59.70 64.70 55.00 percent [+]




Last
Australia 99.90 Jun/16
Austria 115.20 Jun/16
Belgium 108.40 Jun/16
Brazil 129.23 Aug/16
Bulgaria 126.97 Jun/16
Canada 116.47 Jun/16
China 103.60 Jun/16
Croatia 99.20 Jun/16
Cyprus 88.98 Jun/16
Czech Republic 104.46 Jun/16
Denmark 111.11 Jun/16
Estonia 124.38 Jun/16
Euro Area 109.20 Jun/16
European Union 108.80 Jun/16
Finland 112.30 Jun/16
France 106.60 Jun/16
Germany 109.05 Jun/16
Greece 87.60 Jun/16
Hong Kong 154.60 Mar/16
Hungary 118.50 Jun/16
Ireland 86.50 Jun/16
Italy 110.69 Jun/16
Latvia 123.39 Jun/16
Lithuania 122.20 Jun/16
Luxembourg 99.64 Jun/16
Malta 118.71 Jun/16
Mauritius 130.10 Dec/15
Mexico 74.90 Jul/16
Netherlands 101.00 Mar/16
New Zealand 1127.00 Jun/16
Norway 118.90 Jun/16
Poland 105.40 Mar/16
Portugal 98.00 Jun/16
Romania 115.80 Mar/16
Serbia 108.99 Jun/16
Singapore 109.90 Jun/16
Slovakia 104.00 Jun/16
Slovenia 103.20 Jun/16
South Africa 155.50 Mar/16
South Korea 148.10 Mar/16
Spain 101.90 Jun/16
Sweden 123.70 Jun/16
Taiwan 105.78 Jul/16
Thailand 100.90 Mar/16
Turkey 203.61 Jun/16
United Kingdom 101.20 Mar/16
United States 110.10 Jun/16