U.S. Bureau of Labor Statistics@bls · official source
Productivity decreases 1.5% in Q1 2025; unit labor costs increase 6.6% (annual rates)
· via BLS
Key points
- Unit labor costs in the nonfarm business sector increased 6.6 percent in the first quarter of 2025, reflecting a 5.0-percent increase in hourly compensation and a 1.5-percent decrease in productivity.
- Unit labor costs increased 1.9 percent over the last four quarters.
- Manufacturing unit labor costs increased 0.3 percent from the same quarter a year ago.
- Unit labor costs increased 6.6 percent rather than increasing 5.7 percent as previously reported, reflecting a 0.2-percentage point upward revision to hourly compensation and a 0.7-percentage point downward revision to labor productivity.
- As a result, unit labor costs increased 3.8 percent in the fourth quarter of 2024, rather than 2.0 percent as previously reported.
Official source
BLSJun 5, 2025Official release ↗
For AI agents: this post as JSON · connect your agent
Educational information from official sources, not financial advice. Key points are copied from the official release; check the source before acting on any figure. Privacy · Terms