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

US unit labor costs in the nonfarm business sector increased 2.9 percent in the first quarter of 2018, compared to an earlier estimate of 2.7 percent gain and following a 2.5 percent rise in the previous-three month period. Figures came above market expectations of a 2.8 percent gain. The rise reflected a 3.3 percent increase in hourly compensation and a 0.4 percent gain in productivity. On a yearly basis, unit labor costs increased 1.3 percent. Labour Costs in the United States averaged 60.12 Index Points from 1950 until 2018, reaching an all time high of 110.16 Index Points in the first quarter of 2018 and a record low of 17.13 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 4.00 3.80 10.80 2.50 percent [+]
Non Farm Payrolls 213.00 244.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 202.00 239.00 1089.00 -821.00 Thousand [+]
Government Payrolls 11.00 5.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 36.00 19.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 207.00 215.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1751.00 1743.00 6635.00 988.00 Thousand [+]
ADP Employment Change 177.00 189.00 384.00 -836.00 Thousand [+]
Employed Persons 155576.00 155474.00 155576.00 57635.00 Thousand [+]
Unemployed Persons 6564.00 6065.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.50 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.74 0.80 2.80 0.74 percent [+]
Youth Unemployment Rate 8.90 8.70 19.50 7.80 percent [+]
Labour Costs 110.16 109.37 110.16 17.13 Index Points [+]
Productivity 109.05 108.94 109.05 27.62 Index Points [+]
Job Vacancies 6671.00 7195.00 7195.00 2132.00 Thousand [+]
Job Offers 6638.00 6840.00 6840.00 2196.00 Thousand [+]
Challenger Job Cuts 37202.00 31517.00 248475.00 15100.00 Persons [+]
Wages 22.62 22.59 22.62 2.50 USD/Hour [+]
Wage Growth 4.89 4.52 13.77 -5.77 percent [+]
Wages in Manufacturing 21.40 21.39 21.49 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.60 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 60.40 60.40 64.70 55.00 percent [+]
Full Time Employment 128568.00 128657.00 128657.00 64640.00 Thousand [+]
Part Time Employment 27028.00 26883.00 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 July of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
110.16 109.37 110.16 17.13 1950 - 2018 Index Points Quarterly
Seasonally Adjusted




labour costs by Country
Country Last
Australia 101.10 Mar/18
Brazil 105.74 May/18
Canada 117.22 Mar/18
China 104.60 Jun/18
Euro Area 102.50 Mar/18
France 107.30 Mar/18
Germany 113.11 Mar/18
Italy 104.80 Mar/18
Mexico 77.60 May/18
Netherlands 101.90 Mar/18
South Korea 145.80 Sep/17
Spain 105.10 Dec/17
Turkey 147.86 Mar/18
United Kingdom 103.80 Mar/18
United States 110.16 Mar/18


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