Thursday, May 8, 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_05082025.pdf. Highlights are below.

Productivity decreases 0.8% in Q1 2025; unit labor costs increase 5.7% (annual rates)

05/08/2025

Productivity decreased 0.8 percent in the nonfarm business sector in the first quarter of 2025; unit labor costs increased 5.7 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 4.5 percent and unit labor costs increased 1.6 percent.

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