May 22, 2001
From 1998 to 1999, unit labor costs declined in 50 of 119 manufacturing industries measured by the Bureau of Labor Statistics.
The largest declines in unit labor costs in 1999 were in the following industries: computer and office equipment (-24.8 percent); women's and children's undergarments (-22.9 percent); electronic components and accessories (-21.7 percent); and photographic equipment and supplies (-14.3 percent).
Unit labor costs—the cost of the labor input required to produce one unit of output—are computed by dividing total compensation by real output.
This information is from the Industry Productivity Program. Data are subject to revision. Industries discussed in this article are at the 3-digit level of the Standard Industrial Classification (SIC) Manual. Additional information is available from "Productivity and Costs: Manufacturing Industries, 1990-99" news release USDL 01-141.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Unit labor costs drop in 50 manufacturing industries on the Internet at http://www.bls.gov/opub/ted/2001/may/wk3/art02.htm (visited May 29, 2015).
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.