This statistic shows unit labor costs in Canada in 2024, distinguished by industry. In 2024, 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.

Manufacturing sector unit labor costs in the United States increased by 1.7 percent in the second 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.

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.

Graph and download economic data for Nonfarm Business Sector: Unit Labor Costs for All Workers (ULCNFB) from Q1 1947 to Q2 2025 about unit labor cost, headline figure, sector, nonfarm, business, and USA.

This statistic illustrates the share of labor costs in the restaurant industry in the United States from 2014 to 2017, broken down by restaurant type. In 2017, labor costs in fast casual restaurants in the U.S. amounted to **** percent of the industry costs.

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 second quarter of 2025, the total labor cost index changed by seven percent. Construction was the economic activity with the highest LCI in the same quarter.

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 1.70000 % Chg. at Annual Rate in April 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 December of 2025.

View quarterly updates and historical trends for US Unit Labor Costs Index: Manufacturing. from United States. Source: Bureau of Labor Statistics. Track e…

Graph and download economic data for Manufacturing Sector: Unit Labor Costs for All Workers (PRS30006112) from Q2 1987 to Q2 2025 about cost, unit labor cost, sector, manufacturing, rate, and USA.

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 second quarter of 2025, the ECI came to 171.4, indicating an increase of labor costs of 0.9 percent.

The index reflects the level of the total compensation of employees in the economy. The changes in the next to last column show the percent change in the index from three months ago (or the previous quarter if the data are quarterly) and the last column shows the percent change from the same month (or quarter) last year.

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/

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.

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.

Between 2013 and 2018, the percentage YoY changes of unit labor costs (ULC) in industry in Italy fluctuated a lot. According to data, as of 2018, it can be seen that the unit labor costs in industry increased by **** percentage points compared to the previous year.

During the second quarter of 2025, the nonfarm business sector labor hours increased by 1.3 percent annual rate in the United States. The data are seasonally adjusted at annual rates. Labor hours data for the labor productivity and cost measures include hours for all persons working in the business sector — wage and salary workers, the self-employed, and unpaid family workers.

Quarterly labour productivity and related measures, for the aggregate business sector, indexes.

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.

In 2024, the cost of work in the construction sector in the United Kingdom (UK) represented around **** percent of that industry's income. This measure, also known as labor share of income, has fallen significantly in 2022, 2023, and 2024. The relative cost of staff peaked in 2009, when it represented approximately **** percent of the construction income. Two key factors can affect these figures: the evolution of construction salaries in the UK and the overall income of the industry. In times of inflation, a decline in the labor share of income could signal that the cost of work has increased at a slower pace than construction prices.