Unit labor costs in the nonfarm business sector decreased an annualized 1.6 percent in the first quarter of 2019, more than an initial estimate of a 0.8 percent fall and compared with a 0.4 percent drop in the previous period. It compares with market expectations of a 0.8 percent decrease. Hourly compensation went up 1.8 percent (from initial 2.6 percent) and labor productivity advanced 3.4 percent (from initial 3.6 percent). Year-on-year, unit labor costs decreased 0.8 percent, the most since the fourth quarter of 2013. Labour Costs in the United States averaged 60 Index Points from 1950 until 2019, reaching an all time high of 109.61 Index Points in the first quarter of 2018 and a record low of 17 Index Points in the first quarter of 1950.

United States Nonfarm Unit Labour Cost
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-06 01:30 PM Unit Labour Costs QoQ Final Q3 0.9% -2.8% 1.1% 1.2%
2019-03-07 01:30 PM Unit Labour Costs QoQ Q4 2% 1.6% 1.6% 1.3%
2019-05-02 12:30 PM Unit Labour Costs QoQ Prel Q1 -0.9% 2.5% 1.5% 2.1%
2019-06-06 12:30 PM Unit Labour Costs QoQ Final Q1 -1.6% 2.5% -0.8% -0.9%
2019-08-15 12:30 PM Unit Labour Costs QoQ Prel Q2 -1.6%
2019-09-05 12:30 PM Unit Labour Costs QoQ Final Q2
2019-11-06 12:30 PM Unit Labour Costs QoQ Prel Q3 112.7%


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.60 10.80 2.50 percent [+]
Non Farm Payrolls 224.00 72.00 1118.00 -1959.00 Thousand [+]
Nonfarm Payrolls Private 191.00 83.00 1092.00 -1766.00 Thousand [+]
Government Payrolls 33.00 -11.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 17.00 3.00 655.00 -1715.00 Thousand [+]
Initial Jobless Claims 216.00 208.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1686.00 1728.00 6635.00 988.00 Thousand [+]
ADP Employment Change 102.00 41.00 360.00 -706.00 Thousand [+]
Employed Persons 157005.00 156758.00 157005.00 57635.00 Thousand [+]
Unemployed Persons 5975.00 5888.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.80 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.87 0.80 4.40 0.08 percent [+]
Youth Unemployment Rate 8.10 8.50 19.50 7.80 percent [+]
Labour Costs 108.71 109.16 109.61 17.00 Index Points [+]
Productivity 106.96 106.06 106.96 26.02 Index Points [+]
Job Vacancies 7230.00 7739.00 7884.00 2157.00 Thousand [+]
Job Offers 7323.00 7372.00 7626.00 2264.00 Thousand [+]
Challenger Job Cuts 41977.00 58577.00 248475.00 15100.00 Persons [+]
Wages 23.43 23.39 23.43 2.50 USD/Hour [+]
Wages in Manufacturing 22.03 22.04 22.04 1.27 USD/Hour [+]
Wage Growth 3.59 3.56 13.78 -5.88 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.70 1.60 0.20 percent [+]
Population 327.17 325.15 327.17 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 [+]
Employment Rate 60.60 60.60 64.70 55.00 percent [+]
Full Time Employment 130148.00 129695.00 130159.00 64640.00 Thousand [+]
Part Time Employment 26807.00 26981.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2380.00 2270.00 2380.00 2160.00 USD/Month [+]
Living Wage Individual 1660.00 1560.00 1660.00 1450.00 USD/Month [+]
Wages Low Skilled 1960.00 1760.00 2340.00 1760.00 USD/Month [+]
Wages High Skilled 4520.00 4330.00 4950.00 4330.00 USD/Month [+]


United States Nonfarm Unit Labour Cost

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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
108.71 109.16 109.61 17.00 1950 - 2019 Index Points Quarterly
2012=100, SA




Country Last Previous
Australia 103.80 Mar/19
Brazil 116.60 May/19
Canada 108.49 Mar/19
China 104.30 Jun/19
Euro Area 99.60 Mar/19
France 107.50 Mar/19
Germany 116.69 Mar/19
Italy 111.20 Mar/19
Mexico 85.70 Feb/19
Netherlands 105.20 Mar/19
Singapore 110.80 Mar/19
South Africa 156.20 Dec/18
South Korea 103.10 Dec/18
Spain 100.40 Mar/19
Turkey 188.85 Mar/19
United Kingdom 105.50 Mar/19
United States 108.71 Mar/19


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