U.S. Bureau of Labor Statistics@bls · official source
Productivity increases 3.6% in Q3 2026; unit labor costs decrease 0.7% (annualized rates)
· via BLS
Summary
- Productivity increases 3.6% in Q3 2026; unit labor costs decrease 0.7% (annualized rates)
Breakdown
- Unit labor costs in the nonfarm business sector decreased 0.7 percent in the third quarter of 2026, reflecting a 2.9-percent increase in hourly compensation and a 3.6-percent increase in productivity.
- Unit labor costs in the total manufacturing sector increased 2.7 percent in the third quarter of 2026, as hourly compensation increased 3.0 percent and labor productivity increased 0.3 percent.
- As a result, all quarterly and annual measures incorporating output, including labor productivity and unit labor costs, were revised back to 2021 for the business, nonfarm business, and nonfinancial corporate sectors…
- Second-quarter unit labor costs were revised up 0.7 percentage points to an increase of 1.9 percent, reflecting a 1.4-percentage point upward revision to hourly compensation and the 0.7-percentage point upward revision to productivity.
- Unit labor costs in the nonfinancial corporate sector were revised down 0.1 percentage point to a decrease of 0.4 percent in the second quarter of 2026…
Official source
BLSNov 5, 2026Official 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