{"as_of":"2026-10-28T00:33:37.909Z","source_url":"https://www.bls.gov/news.release/archives/prod2_09032026.htm","disclaimer":"Educational information from official sources, not financial advice","item":{"id":"4594d5374c3b13a9","source":"bls","source_name":"BLS","title":"Productivity increases 1.4% in Q2 2026; unit labor costs increase 1.2% (annualized rates)","excerpt":"","published_at":"2026-09-03T11:51:09.230Z","fetched_at":"2026-10-26T19:57:02.821Z","topics":["jobs","growth"],"importance":2,"url":"https://rogueiq.com/econiq/bls/productivity-increases-q2-unit-labor-costs-increase-annualized-september-3-2026/","source_url":"https://www.bls.gov/news.release/archives/prod2_09032026.htm","source_feed":"https://www.bls.gov/feed/","ticker":null},"breakdown":{"item_id":"4594d5374c3b13a9","key_points":["Unit labor costs in the nonfarm business sector increased 1.2 percent in the second quarter of 2026, reflecting a 2.6-percent increase in hourly compensation and a 1.4-percent increase in productivity.","Unit labor costs increased 1.4 percent over the last four quarters.","During the current business cycle, starting in the fourth quarter of 2019, labor productivity has grown at an annualized rate of 2.1 percent through the second quarter of 2026…","Total manufacturing unit labor costs decreased 0.3 percent in the second quarter of 2026, reflecting a 0.3-percentage point downward revision.","As a result, unit labor costs were revised down 0.2 percentage point to an increase of 3.3 percent."],"what_it_says":"Unit labor costs in the nonfarm business sector increased 1.2 percent in the second quarter of 2026, reflecting a 2.6-percent increase in hourly compensation and a 1.4-percent increase in productivity. Unit labor costs increased 1.4 percent over the last four quarters. During the current business cycle, starting in the fourth quarter of 2019, labor productivity has grown at an annualized rate of 2.1 percent through the second quarter of 2026… Total manufacturing unit labor costs decreased 0.3 percent in the second quarter of 2026, reflecting a 0.3-percentage point downward revision. As a result, unit labor costs were revised down 0.2 percentage point to an increase of 3.3 percent.","whats_new_vs_last":"","caveats":[],"source_table_url":"https://www.bls.gov/news.release/archives/prod2_09032026.htm","quoted_lines":[],"engine":"deterministic-v2","numbers_verified":true,"generated_at":"2026-10-27T19:30:24.875Z"}}