{"as_of":"2026-11-12T13:52:46.499Z","source_url":"https://www.bls.gov/news.release/archives/prod2_11052026.htm","disclaimer":"Educational information from official sources, not financial advice","item":{"id":"3b9205afc3e7825f","source":"bls","source_name":"BLS","title":"Productivity increases 3.6% in Q3 2026; unit labor costs decrease 0.7% (annualized rates)","excerpt":"","published_at":"2026-11-05T13:30:00.000Z","fetched_at":"2026-11-05T13:30:54.233Z","topics":["jobs","growth"],"importance":2,"url":"https://rogueiq.com/econiq/bls/productivity-increases-q3-unit-labor-costs-decrease-annualized-november-5-2026/","source_url":"https://www.bls.gov/news.release/archives/prod2_11052026.htm","source_feed":"https://www.bls.gov/feed/","ticker":null,"impact":"low","macroiq_step":null,"prior":null,"summary":["Productivity increases 3.6% in Q3 2026; unit labor costs decrease 0.7% (annualized rates)"],"summary_source":"agency-excerpt","next_release":null},"breakdown":{"item_id":"3b9205afc3e7825f","key_points":["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…"],"what_it_says":"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…","whats_new_vs_last":"","caveats":[],"source_table_url":"https://www.bls.gov/news.release/archives/prod2_11052026.htm","quoted_lines":[],"engine":"deterministic-v2","numbers_verified":true,"generated_at":"2026-11-05T18:25:43.713Z"}}