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 July 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 4.90 4.70 10.80 2.50 percent [+]
Non Farm Payrolls 287.00 11.00 1115.00 -1967.00 Thousand [+]
Nonfarm Payrolls Private 265.00 -6.00 1089.00 -814.00 Thousand [+]
Government Payrolls 22.00 17.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 14.00 -16.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 266.00 252.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2139.00 2132.00 6635.00 988.00 Thousand [+]
ADP Employment Change 172.00 168.00 357.00 -881.00 Thousand [+]
Employed Persons 151097.00 151030.00 151320.00 57635.00 Thousand [+]
Unemployed Persons 7783.00 7436.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.10 0.20 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.70 33.70 Hours [+]
Labor Force Participation Rate 62.70 62.60 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.25 1.19 2.80 1.19 percent [+]
Youth Unemployment Rate 10.70 10.40 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 5499.00 6077.00 6197.00 2132.00 Thousand [+]
Job Offers 5500.00 5845.00 5845.00 2196.00 Thousands [+]
Challenger Job Cuts 38536.00 30157.00 248475.00 15100.00 Persons [+]
Wages 21.51 21.49 21.51 2.50 USD/Hour [+]
Wage Growth 4.60 5.20 13.77 -5.77 percent [+]
Wages in Manufacturing 20.37 20.41 20.41 1.27 USD/Hour [+]
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 -1.90 -3.60 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 27445.00 27936.00 28134.00 10086.00 Thousand [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 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 [+]
Full Time Employment 123586.00 123135.00 123586.00 64640.00 Thousand [+]
Employment Rate 59.60 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 103.60 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 110.64 Mar/16
Greece 91.30 Mar/16
Hong Kong 137.40 Dec/15
Hungary 124.00 Mar/16
Ireland 86.30 Mar/16
Italy 109.01 Mar/16
Latvia 120.94 Mar/16
Lithuania 120.40 Mar/16
Luxembourg 106.40 Apr/16
Malta 121.02 Mar/16
Mauritius 130.10 Dec/15
Mexico 77.10 May/16
Netherlands 101.00 Mar/16
New Zealand 1123.00 Mar/16
Norway 120.80 Mar/16
Poland 105.40 Mar/16
Portugal 92.30 Mar/16
Romania 115.80 Mar/16
Serbia 110.64 Apr/16
Singapore 124.40 Mar/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 123.70 Apr/16
Taiwan 98.51 May/16
Turkey 201.56 Mar/16
United Kingdom 101.20 Mar/16
United States 109.67 Mar/16