{"as_of":"2026-10-28T00:29:49.504Z","source_url":"https://www.bls.gov/news.release/archives/prod2_08072025.htm","disclaimer":"Educational information from official sources, not financial advice","item":{"id":"291ea97d6dbb6ebc","source":"bls","source_name":"BLS","title":"Productivity increases 2.4% in Q2 2025; unit labor costs increase 1.6% (annual rates)","excerpt":"","published_at":"2025-08-07T12:30:00.000Z","fetched_at":"2026-10-26T19:57:05.549Z","topics":["jobs","growth"],"importance":2,"url":"https://rogueiq.com/econiq/bls/productivity-increases-q2-unit-labor-costs-increase-annual-august-7-2025/","source_url":"https://www.bls.gov/news.release/archives/prod2_08072025.htm","source_feed":"https://www.bls.gov/feed/","ticker":null},"breakdown":{"item_id":"291ea97d6dbb6ebc","key_points":["Unit labor costs in the nonfarm business sector increased 1.6 percent in the second quarter of 2025, reflecting a 4.0-percent increase in hourly compensation and a 2.4-percent increase in productivity.","During the current business cycle, starting in the fourth quarter of 2019, labor productivity has grown at an annualized rate of 1.8 percent, reflecting a 2.4-percent rate of growth in output and a 0.6-percent rate of growth in hours worked.","Unit labor costs increased 3.8 percent in the nondurable goods sector and declined 0.2 percent in durable goods industries.","The downward revision to productivity translated to a 0.3-percentage point upward revision to first-quarter unit labor costs, to a rate of 6.9 percent; hourly compensation was not revised.","In the first quarter of 2025, total manufacturing unit labor costs were revised up 0.9 percentage point to an increase of 2.9 percent, primarily reflecting the 1.1-percentage point downward revision to productivity…"],"what_it_says":"Unit labor costs in the nonfarm business sector increased 1.6 percent in the second quarter of 2025, reflecting a 4.0-percent increase in hourly compensation and a 2.4-percent increase in productivity. During the current business cycle, starting in the fourth quarter of 2019, labor productivity has grown at an annualized rate of 1.8 percent, reflecting a 2.4-percent rate of growth in output and a 0.6-percent rate of growth in hours worked. Unit labor costs increased 3.8 percent in the nondurable goods sector and declined 0.2 percent in durable goods industries. The downward revision to productivity translated to a 0.3-percentage point upward revision to first-quarter unit labor costs, to a rate of 6.9 percent; hourly compensation was not revised. In the first quarter of 2025, total manufacturing unit labor costs were revised up 0.9 percentage point to an increase of 2.9 percent, primarily reflecting the 1.1-percentage point downward revision to productivity…","whats_new_vs_last":"","caveats":[],"source_table_url":"https://www.bls.gov/news.release/archives/prod2_08072025.htm","quoted_lines":[],"engine":"deterministic-v2","numbers_verified":true,"generated_at":"2026-10-27T19:31:05.395Z"}}