U.S. Bureau of Labor Statistics@bls · official source
Productivity increases 0.3% in Q1 2026; unit labor costs increase 1.8% (annual rates)
· via BLS
Key points
- Unit labor costs in the nonfarm business sector increased 1.8 percent in the first quarter of 2026, reflecting a 2.1-percent increase in hourly compensation and a 0.3-percent increase in productivity.
- Unit labor costs increased 0.5 percent over the last four quarters.
- Unit labor costs increased 1.8 percent rather than increasing 2.3 percent as previously reported, reflecting a 1.0-percentage point downward revision to hourly compensation and a 0.5-percentage point downward revision to labor productivity.
- As a result, unit labor costs increased 2.1 percent in the fourth quarter of 2025, rather than 4.6 percent as previously reported.
- Labor productivity in the manufacturing sector was revised down 0.3 percentage point to a decrease of 3.5 percent, the result of a 0.3-percentage point downward revision to output, which declined at a 3.7- percent rate; hours worked were unrevised.
Official source
BLSJun 4, 2026Official release ↗
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