Thursday, February 6, 2025

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_02062025.pdf. Highlights are below.

Productivity increases 1.2% in Q4 2024; unit labor costs increase 3.0% (annual rates)

02/06/2025

Productivity increased 1.2 percent in the nonfarm business sector in the fourth quarter of 2024; unit labor costs increased 3.0 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 0.8 percent and unit labor costs increased 3.3 percent.

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