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Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted



Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices,
seasonally adjusted
                                                          Real
             Output                            Compen-    compen-               Unit       Implicit
 Year        per hour               Hours      sation     sation      Unit      nonlabor   price
 and         of all                 of all     per hour   per hour    labor     payments   deflator
 quarter     persons     Output     persons      (1)        (2)       costs       (3)        (4)
---------------------------------------------------------------------------------------------------
                      Percent change from previous quarter at annual rate(5)

2011 ANNUAL    0.7         2.4        1.7        1.9       -1.2        1.2        3.2        2.1  

2011 IV        0.7         3.6        2.9        1.9        1.0        1.2       -1.1        0.2  
     III       1.9 r       2.8 r      0.9 r     -0.3 r     -3.2       -2.1 r      9.0 r      2.5 r
     II       -0.1         1.8        2.0       -0.2       -4.1       -0.1        6.7        2.7  
     I        -0.6         0.9        1.5        5.6        0.3        6.2       -3.1        2.2  

2010 ANNUAL    4.1         4.0       -0.1        2.1        0.4       -2.0        5.7        1.1  

2010 IV        2.2         3.8        1.5        0.6       -2.1       -1.6        6.4        1.7  
     III       2.1         3.5        1.4        1.9        0.4       -0.2        2.0        0.7  
     II        1.2         4.6        3.4        2.6        3.1        1.4        3.0        2.0  
     I         4.6         5.2        0.5        1.4        0.2       -3.1        8.8        1.6  

2009 ANNUAL    2.3        -5.1       -7.2        1.6        2.0       -0.7        3.8        1.1  

2009 IV        5.5         5.6        0.1        1.2       -1.5       -4.1        7.7        0.5  
     III       6.5         1.4       -4.8        2.3       -1.3       -3.9        8.1        0.6  
     II        8.0        -1.1       -8.4        6.7        4.7       -1.2       -1.3       -1.2  
     I         1.3        -8.7       -9.9       -2.7       -0.4       -4.0       12.1        2.0  
---------------------------------------------------------------------------------------------------
                    Percent change from corresponding quarter of previous year

2011 ANNUAL    0.7         2.4        1.7        1.9       -1.2        1.2        3.2        2.1  

2011 IV        0.5         2.3        1.8        1.7       -1.5        1.3        2.7        1.9  
     III       0.8 r       2.3 r      1.5 r      1.4       -2.3        0.5 r      4.6 r      2.2  
     II        0.9         2.5        1.6        1.9       -1.4        1.0        2.9        1.8  
     I         1.2         3.2        1.9        2.6        0.4        1.4        2.0        1.7  

2010 ANNUAL    4.1         4.0       -0.1        2.1        0.4       -2.0        5.7        1.1  

2010 IV        2.5         4.3        1.7        1.6        0.4       -0.9        5.0        1.5  
     III       3.3         4.7        1.3        1.8        0.5       -1.5        5.3        1.2  
     II        4.4         4.2       -0.3        1.9        0.1       -2.5        6.9        1.2  
     I         6.2         2.7       -3.2        2.9        0.5       -3.1        5.7        0.4  

2009 ANNUAL    2.3        -5.1       -7.2        1.6        2.0       -0.7        3.8        1.1  

2009 IV        5.3        -0.9       -5.9        1.8        0.3       -3.3        6.5        0.5  
     III       3.0        -5.5       -8.2        2.1        3.7       -0.9        2.5        0.4  
     II        1.2        -7.1       -8.2        2.4        3.4        1.1        1.2        1.2  
     I        -0.2        -6.7       -6.5        0.4        0.5        0.5        5.0        2.2  
---------------------------------------------------------------------------------------------------
                                         Indexes 2005=100

2011 ANNUAL  110.6       104.8       94.8      118.0      102.4      106.7      119.9      111.9  

2011 IV      111.2       106.2       95.5      118.4      101.9      106.5      121.2      112.2  
     III     111.0 r     105.2 r     94.8 r    117.8 r    101.6 r    106.1 r    121.5 r    112.2 r
     II      110.5       104.5       94.6      117.9      102.5      106.7      118.9      111.5  
     I       110.5       104.0       94.2      117.9      103.6      106.7      117.0      110.8  

2010 ANNUAL  109.8       102.4       93.2      115.8      103.7      105.4      116.1      109.6  

2010 IV      110.7       103.8       93.8      116.3      103.5      105.1      118.0      110.2  
     III     110.1       102.9       93.5      116.2      104.0      105.6      116.1      109.7  
     II      109.5       102.0       93.1      115.6      103.9      105.6      115.6      109.5  
     I       109.2       100.8       92.4      114.9      103.1      105.3      114.7      109.0  

2009 ANNUAL  105.5        98.5       93.3      113.4      103.3      107.5      109.8      108.4  

2009 IV      107.9        99.6       92.2      114.5      103.1      106.1      112.3      108.5  
     III     106.5        98.2       92.2      114.2      103.5      107.2      110.3      108.4  
     II      104.8        97.9       93.4      113.5      103.8      108.3      108.1      108.2  
     I       102.8        98.2       95.5      111.7      102.6      108.6      108.5      108.6  
---------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                                   February 2, 2012
r=revised                                                        Source: Bureau of Labor Statistics

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Last Modified Date: February 02, 2012