Graph and download economic data for Nonfarm Business Sector: Unit Labor Costs for All Workers (PRS85006111) from Q1 1948 to Q2 2025 about unit labor cost, cost, sector, nonfarm, business, rate, and USA.

Manufacturing sector unit labor costs in the United States increased by 1.6 percent in the first quarter of 2025. The data are seasonally adjusted at annual rates. Unit labor costs describe the relationship between compensation per hour and productivity, or real output per hour, and can be used as an indicator of inflationary pressure on producers. Increases in hourly compensation increase unit labor costs; labor productivity increases offset compensation increases and lower unit labor costs.

Graph and download economic data for Manufacturing Sector: Unit Labor Costs for All Workers (PRS30006111) from Q1 1988 to Q2 2025 about cost, unit labor cost, sector, manufacturing, rate, and USA.

In the United States, nonfarm business sector unit labor costs decreased by 2.4 percent in the second quarter of 2025 compared to the previous quarter. The data are seasonally adjusted at annual rates. Unit labor costs describe the relationship between compensation per hour and productivity, or real output per hour, and can be used as an indicator of inflationary pressure on producers. Increases in hourly compensation increase unit labor costs; labor productivity increases offset compensation increases and lower unit labor costs.

United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons was 2.00000 % Chg. at Annual Rate in January of 2025, according to the United States Federal Reserve. Historically, United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons reached a record high of 38.30000 in April of 2020 and a record low of -25.30000 in July of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons - last updated from the United States Federal Reserve on August of 2025.

This statistic shows unit labor costs in Canada in 2023, distinguished by industry. In 2023, unit labor costs in the Canadian construction industry amounted to 0.95 Canadian dollars per unit of real GDP. Labor ProductivityLabor productivity or workforce productivity is the measure of value added to the economy relative to the number of hours worked for production. It is most often measured as output per hour of labor. Labor productivity is a commonly used indicator of overall economic health, growth, and efficiency. Growth of productivity is of crucial influence on the standard of living in a society. Increased productivity should lead to higher salaries for workers as well as lower prices for consumers. Labor productivity in the business sector in Canada increased by around 20 percent from 2000 to 2023, standing at 59.1 Canadian dollars added to the GDP per hour worked in 2023. The non-profit institutions were, by far, the most productive in 2023, adding 212.7 Canadian dollars to the GDP per hour worked.

Labour Costs in the United States increased to 123.62 points in the second quarter of 2025 from 123.13 points in the first quarter of 2025. This dataset provides the latest reported value for - United States Labour Costs - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Labor costs in Portugal increased by 4.2 percent in 2022 compared to the previous year. In 2023, labor cost index (LCI) increased by six percent, and, in 2024, by almost seven percent. As of the first quarter of 2025, the total labor cost index is four percent. Services were the economic activity with the highest LCI in the same quarter.

The Industry Productivity program produces annual measures of output per hour, unit labor costs, and related series for a select group of U.S. industries. Indexes and annual percent changes are available by industry for labor productivity (output per hour), output per person, real output, the implicit price deflator for output, labor hours, employment, labor compensation, and unit labor costs. Level data underlying the productivity and cost measures - including nominal value of production, labor compensation, total annual hours, and total annual employment - also are available. For more information and data visit: https://www.bls.gov/lpc/

Graph and download economic data for Business Sector: Unit Labor Costs for All Workers (PRS84006112) from Q2 1947 to Q2 2025 about unit labor cost, cost, sector, business, labor, rate, and USA.

United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons was 0.30000 % Chg. From Qtr. 1 Yr. Ago in January of 2025, according to the United States Federal Reserve. Historically, United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons reached a record high of 13.00000 in April of 2020 and a record low of -7.50000 in April of 2010. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Manufacturing Sector: Unit Labor Costs for All Employed Persons - last updated from the United States Federal Reserve on July of 2025.

The Employment Cost Index (ECI) measures the change in the cost of labor, free from the influence of employment shifts among occupations and industries. The Employment Cost Index is based on figures from December 2005. In the third quarter of 2024, the ECI came to 166.8, indicating an increase of labor costs of 0.9 percent.

Graph and download economic data for Nonfinancial Corporations Sector: Unit Labor Costs for Employees (PRS88003111) from Q1 1948 to Q1 2025 about unit labor cost, cost, nonfinancial, sector, corporate, labor, rate, and USA.

This statistic depicts the share of labor costs in the restaurant industry in the United States from 2014 to 2017. In 2017, labor costs in the U.S. restaurant industry amounted to **** percent of the industry costs.

In the first quarter of 2025, the nonfinancial corporate sector unit labor costs increased by 4.6 percent in the United States. The data are seasonally adjusted at annual rates. Unit labor costs describe the relationship between compensation per hour and productivity, or real output per hour, and can be used as an indicator of inflationary pressure on producers. Increases in hourly compensation increase unit labor costs; labor productivity increases offset compensation increases and lower unit labor costs.

United States - Nonfarm Business Sector: Unit Labor Costs for All Employed Persons was 6.60000 % Chg. at Annual Rate in January of 2025, according to the United States Federal Reserve. Historically, United States - Nonfarm Business Sector: Unit Labor Costs for All Employed Persons reached a record high of 27.30000 in July of 1947 and a record low of -14.30000 in January of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Nonfarm Business Sector: Unit Labor Costs for All Employed Persons - last updated from the United States Federal Reserve on July of 2025.

In the third quarter of 2021, the hourly wage of a mechanical, electrical, and plumbing (MEP) foreman in Saudi Arabia amounted to ** U.S. dollars, the highest among the selected jobs in the construction industry in four listed Middle Eastern countries. Meanwhile, construction skilled laborers received far lower hourly wages, at only *** U.S. dollars in Qatar and *** U.S. dollars in Bahrain. Labor force of the construction industry The construction sector accounted for one of the largest shares of employees in the Middle East and North Africa (MENA) region, along with the agriculture and trade sectors. As of 2020, the overwhelming majority of jobs in the region’s construction sector were occupied by male workers. In Saudi Arabia in 2019, the average monthly wage for a construction worker was ranked the lowest among its main industries. Labor participation in MENA In 2019, the labor participation rate of the MENA region stood below ** percent. Female participation in the labor force is much lower than male participation. The participation rate of the female population in MENA was also lower than the global average. Although the region has witnessed an increasing female enrollment ratio for tertiary education, improved education and employment opportunities among women seem to have not reflected in female participation in the workforce.

In 2018, manufacturing labor costs in China were estimated to be **** U.S. dollars per hour. This is compared to an estimated **** U.S. dollars per hour in Mexico, and **** U.S. dollars in Vietnam. Manufacturing jobs in the United States Many people in the United States believe manufacturing jobs to be the backbone of the U.S. economy, despite employment in the manufacturing sector decreasing since 1997, and the monthly change in manufacturing employment being highly variable. Although manufacturing added a value of about ** percent to the U.S. gross domestic product (GDP) in 2018, employment in the United States has been moving away from manufacturing to other means of employment. A difference in earnings Part of this steering away from manufacturing could be due to a difference in labor costs. While hourly wages in Vietnam were less than * U.S. dollars in 2018, hourly wages in the U.S. manufacturing sector hovered around ** U.S. dollars in 2018. The labor costs in the U.S. could simply be too high for companies, who look to countries such as China, Mexico, and Vietnam for cheaper labor.

According to a survey conducted among U.S. enterprises in China in 2022, ** percent of companies believed labor costs would increase to varying extents. The resources & industrial sector as well as Tech and R&D expected the largest increases, with ** and ** percent of companies respectively anticipating costs per employee rising by * percent or more.

United States - Nonfinancial Corporations Sector: Unit Labor Costs for Employees was 5.50000 % Chg. at Annual Rate in January of 2025, according to the United States Federal Reserve. Historically, United States - Nonfinancial Corporations Sector: Unit Labor Costs for Employees reached a record high of 24.50000 in January of 1951 and a record low of -11.10000 in July of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Nonfinancial Corporations Sector: Unit Labor Costs for Employees - last updated from the United States Federal Reserve on August of 2025.