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

Unit labor costs in the US nonfarm business sector increased 3.3 percent in the last three months of 2015, lower than a 4.5 percent rise earlier estimated but higher than a downwardly revised 0.4 percent gain in the previous period, final figures showed. Hourly compensation went up 1.1 percent while productivity fell 2.2 percent. Year-on-year, unit labor costs increased 2.1 percent. Labour Costs in the United States averaged 58.48 Index Points from 1950 until 2015, reaching an all time high of 108.76 Index Points in the fourth quarter of 2015 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
108.76 107.87 108.76 17.12 1950 - 2015 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 April of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-12-02 01:30 PM Q3 1.8% 2.0% 1.1% 1.4%
2016-02-04 01:30 PM Q4 4.5% 1.9% 3.9% 1.2%
2016-03-03 01:30 PM Q4 3.3% 0.4% 4.7% 4.5%
2016-05-04 12:30 PM Q1 3.3% 4% 3.5%
2016-06-07 12:30 PM Q1 3.3%
2016-08-09 12:30 PM Q2

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.00 4.90 10.80 2.50 percent [+]
Non Farm Payrolls 215.00 242.00 1115.00 -1967.00 Thousand [+]
Nonfarm Payrolls Private 195.00 230.00 1089.00 -814.00 Thousand [+]
Government Payrolls 20.00 12.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls -29.00 -16.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 257.00 247.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2130.00 2135.00 6635.00 988.00 Thousand [+]
ADP Employment Change 200.00 205.00 357.00 -881.00 Thousand [+]
Employed Persons 151320.00 151074.00 151320.00 57635.00 Thousand [+]
Unemployed Persons 7966.00 7815.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.30 -0.10 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.70 33.70 Hours [+]
Labor Force Participation Rate 63.00 62.90 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.36 1.31 2.80 1.30 percent [+]
Youth Unemployment Rate 10.40 10.50 19.50 7.80 percent [+]
Productivity 106.00 106.59 106.59 27.57 Index Points [+]
Labour Costs 108.76 107.87 108.76 17.12 Index Points [+]
Job Vacancies 5291.00 5621.00 6197.00 2132.00 Thousand [+]
Job Offers 5445.00 5349.00 5668.00 2146.00 Thousands [+]
Challenger Job Cuts 48207.00 105696.00 248475.00 15100.00 Persons [+]
Wages 21.37 21.33 21.37 2.50 USD/Hour [+]
Wages in Manufacturing 20.33 20.20 20.33 1.27 USD/Hour [+]
Wage Growth 4.70 4.34 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.60 0.50 1.60 0.20 percent [+]
Labor Market Conditions Index -2.10 -2.50 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 1750.00 1650.00 1750.00 1450.00 USD/Month [+]
Wages High Skilled 4140.00 4090.00 4140.00 4000.00 USD/Month [+]
Part Time Employment 27818.00 27853.00 28134.00 10086.00 Thousand [+]
Full Time Employment 123447.00 123206.00 123447.00 64640.00 Thousand [+]
Employment Rate 59.90 59.80 64.70 55.00 percent [+]




Last
Australia 101.00 Dec/15
Austria 109.90 Dec/15
Belgium 103.12 Jun/15
Brazil 114.72 Mar/16
Bulgaria 112.71 Dec/15
Canada 115.77 Dec/15
China 103.70 Mar/16
Croatia 91.10 Dec/15
Cyprus 106.79 Dec/15
Czech Republic 105.47 Dec/15
Denmark 108.04 Dec/15
Estonia 122.79 Dec/15
Euro Area 106.08 Dec/15
European Union 108.01 Sep/15
Finland 111.63 Dec/15
France 106.24 Dec/15
Germany 110.02 Dec/15
Greece 97.20 Dec/15
Hong Kong 137.40 Dec/15
Hungary 109.90 Dec/15
Ireland 91.64 Dec/15
Italy 110.22 Dec/15
Latvia 122.04 Dec/15
Lithuania 117.90 Dec/15
Luxembourg 97.80 Feb/16
Malta 106.75 Dec/15
Mauritius 128.73 Dec/14
Mexico 72.10 Feb/16
Netherlands 104.49 Dec/15
New Zealand 1119.00 Dec/15
Norway 115.20 Dec/15
Poland 93.90 Dec/15
Portugal 99.30 Dec/15
Romania 87.90 Dec/15
Serbia 106.17 Jan/16
Singapore 118.30 Dec/15
Slovakia 110.50 Dec/15
Slovenia 101.16 Dec/15
South Africa 146.50 Sep/15
South Korea 132.70 Sep/15
Spain 105.20 Dec/15
Sweden 123.10 Feb/16
Taiwan 157.35 Feb/16
Turkey 177.38 Dec/15
United Kingdom 101.60 Dec/15
United States 108.76 Dec/15