{"as_of":"2026-10-28T00:33:14.689Z","source_url":"https://www.bls.gov/news.release/archives/prod2_08062026.htm","disclaimer":"Educational information from official sources, not financial advice","item":{"id":"e18120f66e0bdd3c","source":"bls","source_name":"BLS","title":"Productivity increases 1.4% in Q2 2026; unit labor costs increase 1.3% (annual rates)","excerpt":"","published_at":"2026-08-06T11:51:09.778Z","fetched_at":"2026-10-26T19:57:03.145Z","topics":["jobs","growth"],"importance":2,"url":"https://rogueiq.com/econiq/bls/productivity-increases-q2-unit-labor-costs-increase-annual-august-6-2026/","source_url":"https://www.bls.gov/news.release/archives/prod2_08062026.htm","source_feed":"https://www.bls.gov/feed/","ticker":null},"breakdown":{"item_id":"e18120f66e0bdd3c","key_points":["Unit labor costs in the nonfarm business sector increased 1.3 percent in the second quarter of 2026, reflecting a 2.7-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.","Unit labor costs in the total manufacturing sector were unchanged in the second quarter of 2026, as a 1.9-percent increase in hourly compensation was offset by a 1.9-percent increase in productivity.","The upward revision to productivity translated to a 0.5-percentage point downward revision to first-quarter unit labor costs, to a rate of 1.3 percent; hourly compensation was not revised.","Unit labor costs in the nonfinancial corporate sector were revised down 0.7 percentage point to an increase of 0.7 percent."],"what_it_says":"Unit labor costs in the nonfarm business sector increased 1.3 percent in the second quarter of 2026, reflecting a 2.7-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. Unit labor costs in the total manufacturing sector were unchanged in the second quarter of 2026, as a 1.9-percent increase in hourly compensation was offset by a 1.9-percent increase in productivity. The upward revision to productivity translated to a 0.5-percentage point downward revision to first-quarter unit labor costs, to a rate of 1.3 percent; hourly compensation was not revised. Unit labor costs in the nonfinancial corporate sector were revised down 0.7 percentage point to an increase of 0.7 percent.","whats_new_vs_last":"","caveats":[],"source_table_url":"https://www.bls.gov/news.release/archives/prod2_08062026.htm","quoted_lines":[],"engine":"deterministic-v2","numbers_verified":true,"generated_at":"2026-10-27T19:30:28.869Z"}}