United States Nonfarm Unit Labour Cost  1950-2017 | Data | Chart

Unit labor costs in the nonfarm business sector increased 3.0 percent in the first quarter of 2017, reflecting a 2.4 percent increase in hourly compensation and a 0.6 percent decline in productivity. Unit labor costs increased 2.8 percent over the last four quarters. Labour Costs in the United States averaged 59.24 Index Points from 1950 until 2016, reaching an all time high of 111.21 Index Points in the fourth quarter of 2016 and a record low of 17.12 Index Points in the first quarter of 1950.

United States Nonfarm Unit Labour Cost
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-02-02 01:30 PM Q4 1.7% 0.2% 1.9%
2017-03-08 01:30 PM Q4 1.7% 0.7% 1.6% 1.7%
2017-05-04 12:30 PM Q1 3% 1.3% 2.5% 2.1%
2017-06-05 12:30 PM Q1 1.7% 3% 3%
2017-08-09 12:30 PM Q2
2017-09-07 12:30 PM Q2




United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.50 10.80 2.50 percent [+]
Non Farm Payrolls 211.00 79.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 194.00 77.00 1089.00 -816.00 Thousand [+]
Government Payrolls 17.00 2.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 6.00 13.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 234.00 233.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1923.00 1899.00 6635.00 988.00 Thousand [+]
ADP Employment Change 177.00 255.00 384.00 -846.00 Thousand [+]
Employed Persons 153156.00 153000.00 153156.00 57635.00 Thousand [+]
Unemployed Persons 7056.00 7202.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.30 0.10 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.30 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 63.00 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.01 1.05 2.80 1.01 percent [+]
Youth Unemployment Rate 9.40 9.10 19.50 7.80 percent [+]
Labour Costs 111.90 111.10 111.90 17.12 Index Points [+]
Productivity 107.30 107.50 107.50 27.60 Index Points [+]
Job Vacancies 5684.00 5592.00 6197.00 2132.00 Thousand [+]
Job Offers 5743.00 5682.00 5973.00 2196.00 Thousands [+]
Challenger Job Cuts 36602.00 43310.00 248475.00 15100.00 Persons [+]
Wages 21.96 21.90 21.96 2.50 USD/Hour [+]
Wage Growth 5.53 5.51 13.77 -5.77 percent [+]
Wages in Manufacturing 20.76 20.69 20.76 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.50 1.60 0.20 percent [+]
Labor Market Conditions Index 3.50 3.60 32.00 -48.40 Index Points [+]
Population 324.30 322.06 324.30 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 [+]
Living Wage Family 1496.20 1497.50 2680.00 1433.00 USD/Month [+]
Living Wage Individual 1407.76 1399.20 1407.76 1302.75 USD/Month [+]
Part Time Employment 27233.00 27603.00 28134.00 10086.00 Thousand [+]
Full Time Employment 125987.00 125507.00 125987.00 64640.00 Thousand [+]
Employment Rate 60.20 60.10 64.70 55.00 percent [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 USD/Month [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]


United States Nonfarm Unit Labour Cost Notes

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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
111.90 111.10 111.90 17.12 1950 - 2017 Index Points Quarterly
Seasonally Adjusted



labour costs by Country

Last
Australia 99.30 Dec/16
Brazil 136.18 Apr/17
Canada 116.36 Dec/16
China 103.60 Mar/17
Euro Area 112.20 Dec/16
France 107.10 Dec/16
Germany 111.34 Mar/17
Italy 105.44 Dec/16
Mexico 73.20 Mar/17
Netherlands 103.90 Dec/16
South Korea 134.10 Dec/16
Spain 104.30 Dec/16
Turkey 210.46 Dec/16
United Kingdom 102.60 Dec/16
United States 111.90 Mar/17