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

Unit labor costs in the nonfarm business sector in the United States increased 4.5 percent in the first quarter of 2016, higher than a 4.1 percent gain earlier estimated but lower than an upwardly revised 5.4 percent growth in the previous period, final figures showed. Hourly compensation increased 3.9 percent while productivity fell 0.6 percent. Unit labor costs increased 3.0 percent over the last four quarters. Labour Costs in the United States averaged 58.67 Index Points from 1950 until 2016, reaching an all time high of 109.67 Index Points in the first 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
109.67 108.59 109.67 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 June of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2016-03-03 01:30 PM Q4 3.3% 0.4% 4.7% 4.5%
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 4.5%
2016-09-01 12:30 PM Q2 4.5%
2016-11-03 01:30 PM Q3

United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.70 5.00 10.80 2.50 percent [+]
Non Farm Payrolls 38.00 123.00 1115.00 -1967.00 Thousand [+]
Nonfarm Payrolls Private 25.00 171.00 1089.00 -814.00 Thousand [+]
Government Payrolls 13.00 -11.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls -10.00 2.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 259.00 277.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2142.00 2157.00 6635.00 988.00 Thousand [+]
ADP Employment Change 173.00 205.00 357.00 -881.00 Thousand [+]
Employed Persons 151030.00 151004.00 151320.00 57635.00 Thousand [+]
Unemployed Persons 7436.00 7920.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.40 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.70 33.70 Hours [+]
Labor Force Participation Rate 62.60 62.80 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.19 1.29 2.80 1.19 percent [+]
Youth Unemployment Rate 10.40 10.80 19.50 7.80 percent [+]
Productivity 105.86 106.13 106.59 27.57 Index Points [+]
Labour Costs 109.67 108.59 109.67 17.12 Index Points [+]
Job Vacancies 6077.00 5729.00 6197.00 2132.00 Thousand [+]
Job Offers 5788.00 5670.00 5788.00 2196.00 Thousands [+]
Challenger Job Cuts 30157.00 105696.00 248475.00 15100.00 Persons [+]
Wages 21.49 21.46 21.49 2.50 USD/Hour [+]
Wages in Manufacturing 20.41 20.40 20.41 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 0.50 1.60 0.20 percent [+]
Labor Market Conditions Index -4.80 -0.90 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 [+]
Part Time Employment 27936.00 27797.00 28134.00 10086.00 Thousand [+]
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 [+]
Living Wage Family 2600.00 2740.00 2740.00 2600.00 USD/Month [+]
Living Wage Individual 1620.00 1670.00 1670.00 1620.00 USD/Month [+]
Full Time Employment 123135.00 123194.00 123447.00 64640.00 Thousand [+]
Employment Rate 59.70 59.70 64.70 55.00 percent [+]




Last
Australia 100.10 Mar/16
Austria 110.80 Mar/16
Belgium 108.50 Mar/16
Brazil 119.76 May/16
Bulgaria 141.51 Mar/16
Canada 115.83 Mar/16
China 103.70 Mar/16
Croatia 91.10 Dec/15
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 110.64 Mar/16
Greece 91.30 Mar/16
Hong Kong 137.40 Dec/15
Hungary 124.00 Mar/16
Ireland 91.64 Dec/15
Italy 109.01 Mar/16
Latvia 120.94 Mar/16
Lithuania 120.40 Mar/16
Luxembourg 103.40 Mar/16
Malta 121.02 Mar/16
Mauritius 130.10 Dec/15
Mexico 77.70 Apr/16
Netherlands 104.49 Dec/15
New Zealand 1123.00 Mar/16
Norway 120.80 Mar/16
Poland 93.90 Dec/15
Portugal 92.30 Mar/16
Romania 115.80 Mar/16
Serbia 96.90 Mar/16
Singapore 118.30 Dec/15
Slovakia 107.30 Mar/16
Slovenia 102.40 Mar/16
South Africa 147.30 Dec/15
South Korea 129.40 Dec/15
Spain 105.20 Dec/15
Sweden 123.10 Mar/16
Taiwan 95.23 Apr/16
Turkey 201.56 Mar/16
United Kingdom 101.60 Dec/15
United States 109.67 Mar/16