Thursday, September 2, 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_09022021.pdf. Highlights are below.

Productivity increases 2.1% in Q2 2021; unit labor costs increase 1.3% (annual rates)

09/02/2021

Productivity increased 2.1 percent in the nonfarm business sector in the second quarter of 2021; unit labor costs increased 1.3 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 8.0 percent and unit labor costs decreased 3.0 percent.

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