Tuesday, August 10, 2021

Productivity and Costs News Release

Bureau of Labor Statistics
The latest Productivity and Costs news release has been posted on the BLS website at https://www.bls.gov/news.release/pdf/prod2.pdf and also archived at https://www.bls.gov/news.release/archives/prod2_08102021.pdf. Highlights are below.

Productivity increases 2.3% in Q2 2021; unit labor costs increase 1.0% (annual rates)

08/10/2021

Productivity increased 2.3 percent in the nonfarm business sector in the second quarter of 2021; unit labor costs increased 1.0 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 6.9 percent and unit labor costs decreased 1.9 percent.

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