United States Nonfarm Unit Labour Cost  1950-2018 | Data | Chart

US unit labor costs in the nonfarm business sector decreased 1.0 percent in the second quarter of 2018, revised from a 0.9 percent fall in a preliminary estimate, after rising 3.4 percent in the previous three-month period and compared to market expectations of a 0.9 percent decline, final figures showed. Productivity increased 2.9 percent while hourly compensation advanced at a softer 1.9 percent. On a yearly basis, unit labor costs rose 1.9 percent. Labour Costs in the United States averaged 59.47 Index Points from 1950 until 2018, reaching an all time high of 109.60 Index Points in the first quarter of 2018 and a record low of 17 Index Points in the first quarter of 1950.

United States Nonfarm Unit Labour Cost
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United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 3.90 10.80 2.50 percent [+]
Non Farm Payrolls 201.00 147.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 204.00 153.00 1089.00 -821.00 Thousand [+]
Government Payrolls -3.00 -6.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls -3.00 18.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 201.00 204.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1645.00 1700.00 6635.00 988.00 Thousand [+]
ADP Employment Change 163.00 217.00 384.00 -836.00 Thousand [+]
Employed Persons 155542.00 155965.00 155965.00 57635.00 Thousand [+]
Unemployed Persons 6234.00 6280.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.40 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.50 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.70 62.90 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.82 0.88 2.80 0.74 percent [+]
Youth Unemployment Rate 8.60 8.90 19.50 7.80 percent [+]
Labour Costs 109.33 109.60 109.60 17.00 Index Points [+]
Productivity 105.08 104.34 105.08 26.03 Index Points [+]
Job Vacancies 7313.00 6653.00 7313.00 2132.00 Thousand [+]
Job Offers 6939.00 6822.00 6939.00 2196.00 Thousand [+]
Challenger Job Cuts 38472.00 27122.00 248475.00 15100.00 Persons [+]
Wages 22.73 22.66 22.73 2.50 USD/Hour [+]
Wage Growth 4.83 4.99 13.78 -5.88 percent [+]
Wages in Manufacturing 21.42 21.41 21.53 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.60 0.80 1.60 0.20 percent [+]
Population 325.72 323.41 325.72 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 [+]
Employment Rate 60.30 60.50 64.70 55.00 percent [+]
Full Time Employment 128577.00 129021.00 129021.00 64640.00 Thousand [+]
Part Time Employment 26913.00 26992.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2240.00 2150.00 2240.00 2120.00 USD/Month [+]
Living Wage Individual 1540.00 1460.00 1540.00 1420.00 USD/Month [+]
Wages High Skilled 4290.00 4120.00 4320.00 3640.00 USD/Month [+]
Wages Low Skilled 2090.00 1830.00 2100.00 1650.00 USD/Month [+]


United States Nonfarm Unit Labour Cost

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 2018.

Actual Previous Highest Lowest Dates Unit Frequency
109.33 109.60 109.60 17.00 1950 - 2018 Index Points Quarterly
2012=100, SA




labour costs by Country
Country Last
Australia 100.60 Jun/18
Brazil 105.04 Jul/18
Canada 116.80 Jun/18
China 104.60 Jun/18
Euro Area 113.70 Jun/18
France 108.10 Jun/18
Germany 113.18 Jun/18
Italy 107.00 Jun/18
Mexico 82.10 Jun/18
Netherlands 101.90 Mar/18
Singapore 107.90 Jun/18
South Africa 148.30 Dec/17
South Korea 127.70 Mar/18
Spain 98.30 Mar/18
Turkey 153.67 Jun/18
United Kingdom 103.80 Mar/18
United States 109.33 Jun/18


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