{"as_of":"2026-10-28T00:30:13.360Z","source_url":"https://www.bls.gov/news.release/archives/prod2_06042026.htm","disclaimer":"Educational information from official sources, not financial advice","item":{"id":"afabc09dba8c263e","source":"bls","source_name":"BLS","title":"Productivity increases 0.3% in Q1 2026; unit labor costs increase 1.8% (annual rates)","excerpt":"","published_at":"2026-06-04T12:30:00.000Z","fetched_at":"2026-10-26T19:57:03.461Z","topics":["jobs","growth"],"importance":2,"url":"https://rogueiq.com/econiq/bls/productivity-increases-q1-unit-labor-costs-increase-annual-june-4-2026/","source_url":"https://www.bls.gov/news.release/archives/prod2_06042026.htm","source_feed":"https://www.bls.gov/feed/","ticker":null},"breakdown":{"item_id":"afabc09dba8c263e","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."],"what_it_says":"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.","whats_new_vs_last":"","caveats":[],"source_table_url":"https://www.bls.gov/news.release/archives/prod2_06042026.htm","quoted_lines":[],"engine":"deterministic-v2","numbers_verified":true,"generated_at":"2026-10-27T19:30:34.525Z"}}