Nonfarm Business Sector: Unit Labor Cost : 120.245 (As of 2024-04-01)

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Basic Info

Nonfarm Business Sector: Unit Labor Cost was 120.245 as of 2024-04-01, according to U.S. Bureau of Labor Statistics. Historically, Nonfarm Business Sector: Unit Labor Cost reached a record high of 121.304 and a record low of 15.967, the median value is 65.932. Typical value range is from 105.85 to 117.93. The Year-Over-Year growth is 0.34%. GuruFocus provides the current actual value, an historical data chart and related indicators for Nonfarm Business Sector: Unit Labor Cost - last updated on 2024-04-01.

Quarterly , seasonally adjusted . The Productivity and Costs release on August 7, 2003, will reflect the June 2003 benchmark revision to payroll employment. Since employment is now reported on a North American Industry Classification System (NAICS) basis, all of the historical data will be revised. Changes as a consequence of the move to NAICS should not be significant since this release carries data at high levels of aggregation.
Category Population, Employment, & Labor Markets
Region USA
Source U.S. Bureau of Labor Statistics

Stats

Name Value
Last Value 120.245
Latest Period 2024-04-01
Long Term Average 111.89
Average Annualized Growth Rate +2.65%
Value from 1 year ago 119.837
Change from 1 year ago +0.34%
Frequency Quarterly
Unit 2009=100
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