Nonfarm Business Sector: Unit Labor Cost, Percent Change
: 1.9% (As of 2025-01-01) NEW
Basic Info
Nonfarm Business Sector: Unit Labor Cost, Percent Change was 1.9 as of 2025-01-01, according to U.S. Bureau of Labor Statistics. Historically, Nonfarm Business Sector: Unit Labor Cost, Percent Change reached a record high of 12.7 and a record low of -4.7, the median value is 2.3. Typical value range is from 0.8 to 4.1. The Year-Over-Year growth is -44.03%. GuruFocus provides the current actual value, an historical data chart and related indicators for Nonfarm Business Sector: Unit Labor Cost, Percent Change - last updated on 2025-01-01.
Quarterly , seasonally adjusted . BLS calculates unit labor costs as the ratio of hourly compensation to labor productivity. For more information, please go to http://www.bls.gov/news.release/pdf/prod2.pdf Source Indicator PRS85006111
| Category | Population, Employment, & Labor Markets |
| Region | USA |
| Source | U.S. Bureau of Labor Statistics |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 1.9% | ||
| Latest Period | 2025-01-01 | ||
| Long Term Average | 2.49% | ||
| Average Annualized Growth Rate | -1.54% | ||
| Value from 1 year ago | 3.4% | ||
| Change from 1 year ago | -44.12% | ||
| Frequency | Quarterly | ||
| Unit | % | ||
| Download Source | source link |
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