{"as_of":"2026-10-28T00:32:13.260Z","source_url":"https://www.bls.gov/news.release/archives/prod2_05082025.htm","disclaimer":"Educational information from official sources, not financial advice","item":{"id":"f49c7938bba3f170","source":"bls","source_name":"BLS","title":"Productivity decreases 0.8% in Q1 2025; unit labor costs increase 5.7% (annual rates)","excerpt":"","published_at":"2025-05-08T12:30:00.000Z","fetched_at":"2026-10-26T19:57:06.184Z","topics":["jobs","growth"],"importance":2,"url":"https://rogueiq.com/econiq/bls/productivity-decreases-q1-unit-labor-costs-increase-annual-may-8-2025/","source_url":"https://www.bls.gov/news.release/archives/prod2_05082025.htm","source_feed":"https://www.bls.gov/feed/","ticker":null},"breakdown":{"item_id":"f49c7938bba3f170","key_points":["Unit labor costs in the nonfarm business sector increased 5.7 percent in the first quarter of 2025, reflecting a 4.8-percent increase in hourly compensation and a 0.8-percent decrease in productivity.","Unit labor costs increased 1.3 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 1.8 percent, reflecting a 2.4-percent rate of growth in output and a 0.6-percent rate of growth in hours worked.","Manufacturing unit labor costs increased 0.7 percent from the same quarter a year ago.","Nonfarm business unit labor costs were revised down 0.2 percentage point to an increase of 2.0 percent, reflecting a 0.1-percentage point downward revision to hourly compensation and the aforementioned 0.2-percentage point upward revision to labor…"],"what_it_says":"Unit labor costs in the nonfarm business sector increased 5.7 percent in the first quarter of 2025, reflecting a 4.8-percent increase in hourly compensation and a 0.8-percent decrease in productivity. Unit labor costs increased 1.3 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 1.8 percent, reflecting a 2.4-percent rate of growth in output and a 0.6-percent rate of growth in hours worked. Manufacturing unit labor costs increased 0.7 percent from the same quarter a year ago. Nonfarm business unit labor costs were revised down 0.2 percentage point to an increase of 2.0 percent, reflecting a 0.1-percentage point downward revision to hourly compensation and the aforementioned 0.2-percentage point upward revision to labor…","whats_new_vs_last":"","caveats":[],"source_table_url":"https://www.bls.gov/news.release/archives/prod2_05082025.htm","quoted_lines":[],"engine":"deterministic-v2","numbers_verified":true,"generated_at":"2026-10-27T19:31:08.405Z"}}