Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted



Table 2. Nonfarm business sector: Productivity, hourly compensation, unit labor costs,and prices, 
seasonally adjusted
                                                           Real
   Year       Output per             Hours     Compensa-   compensa-   Unit     Unit non-   Implicit
   and        hour of                of all    tion per    tion per    labor    labor pay-  price
   quarter    all persons  Output    persons   hour (1)    hour (2)    costs    ments (3)   deflator (4)
---------------------------------------------------------------------------------------------------------
                                           Indexes 1992=100

2006       I    r134.8      163.2    r121.0    r166.5      r119.6     r123.5      r135.5      127.9
          II    r135.6      164.3    r121.1    r167.0      r118.9     r123.1      r138.6      128.8
         III    r135.1      164.4    r121.7    r168.0      r118.4     r124.3      r138.4      129.5
          IV    r134.9      165.0    r122.3    r171.7      r121.4     r127.2      r134.7      130.0

      ANNUAL    r135.1      164.2    r121.5    r168.3      r119.5     r124.5      r136.8      129.1

2007       I    r134.7      164.7    r122.2    r173.4      r121.6     r128.7      r135.1      131.1
          II    r136.3      167.0    r122.5    r174.0      r120.6     r127.6      r138.3      131.5
         III    r138.7      169.2    r122.0    r175.8      r121.1     r126.8      r140.5      131.8
          IV    r138.5      168.9    r122.0    r177.8      r120.9     r128.4      r139.7      132.5

      ANNUAL    r137.0      167.5    r122.2    r175.2      r121.0     r127.9      r138.4      131.7

2008       I    r139.4      169.3    r121.5    r179.4      r120.8     r128.7      r141.0      133.2
          II    r141.0      170.5    r120.9    r180.2      r119.8     r127.8      r143.3      133.5
         III    r141.7      169.7    r119.7    r182.7      r119.5     r128.9      r145.6      135.0
          IV    r141.6     r165.8    r117.1    r185.0      r124.0     r130.7      r142.9     r135.2

      ANNUAL    r140.9     r168.8    r119.8    r181.8      r120.9     r129.0      r143.2     r134.2

---------------------------------------------------------------------------------------------------------
                       Percent change from previous quarter at annual rate(5)

2006       I      r1.9        6.0      r4.0      r4.5        r2.6        2.6        r4.0        3.1
          II      r2.4        2.9      r0.4      r1.3       r-2.3       -1.1        r9.5        2.9
         III     r-1.6        0.3      r1.9      r2.3       r-1.7       r3.9       r-0.7        2.1
          IV     r-0.4        1.4      r1.9      r9.1       r10.8       r9.6      r-10.1        1.5

      ANNUAL      r0.9        3.2       2.2       3.8         0.5        2.8         3.6        3.1

2007       I     r-0.6       -0.9     r-0.2      r4.2        r0.5       r4.8        r1.2        3.4
          II      r4.8        5.8      r0.9      r1.3       r-3.2      r-3.3        r9.7        1.5
         III      r7.0        5.5     r-1.5      r4.4        r1.6      r-2.5        r6.4        0.9
          IV     r-0.5       -0.7     r-0.2      r4.4       r-0.5       r5.0       r-2.3        2.1

      ANNUAL       1.4        2.0       0.5       4.1        r1.3        2.7         1.2        2.1

2008       I       2.6        0.9      -1.7      r3.7       r-0.6       r1.1        r3.8        2.1
          II      r4.7        2.8     r-1.7      r1.7       r-3.2      r-2.8        r6.9        0.9
         III      r2.2       -1.9     r-3.9      r5.7       r-0.9       r3.5        r6.4        4.7
          IV     r-0.4      r-8.7     r-8.3      r5.3       r15.9       r5.7       r-7.1       r0.5

      ANNUAL       2.8       r0.8     r-1.9      r3.7       r-0.1       r0.9        r3.5       r1.9

---------------------------------------------------------------------------------------------------------
                      Percent change from corresponding quarter of previous year

2006       I       1.3        3.7       2.4       4.2        r0.4        2.9         4.3        3.4
          II       1.7        3.7       2.0       3.9         0.0        2.2         5.9        3.6
         III       0.3        2.6       2.3       2.9       r-0.4        2.6         3.8        3.1
          IV       0.6        2.6       2.0      r4.2         2.2       r3.7        r0.4        2.4

      ANNUAL      r0.9        3.2       2.2       3.8         0.5        2.8         3.6        3.1

2007       I     r-0.1        0.9       1.0      r4.1         1.7        4.2       r-0.3        2.5
          II       0.5        1.6       1.1       4.2         1.5       r3.6        -0.2        2.1
         III      r2.6        2.9      r0.3      r4.7        r2.3        2.0         1.5        1.8
          IV      r2.6        2.4      -0.3       3.6        -0.4        0.9        r3.6        2.0

      ANNUAL       1.4        2.0       0.5       4.1        r1.3        2.7         1.2        2.1

2008       I      r3.5        2.8     r-0.6      r3.5       r-0.7        0.0         4.3        1.6
          II      r3.4        2.1     r-1.3      r3.6       r-0.7        0.1        r3.6        1.5
         III       2.2        0.3     r-1.9      r3.9       r-1.3       r1.6        r3.6        2.4
          IV      r2.2      r-1.8     r-4.0      r4.1        r2.5       r1.8        r2.3       r2.0

      ANNUAL       2.8       r0.8     r-1.9      r3.7       r-0.1       r0.9        r3.5       r1.9

---------------------------------------------------------------------------------------------------------
See footnotes following Table 6.                                       March 5, 2009
r=revised                                                              Source: Bureau of Labor Statistics


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Last Modified Date: March 05, 2009