Tag: unit_labor_costs
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US Productivity Sees Modest Gain in Q1 2026
The Bureau of Labor Statistics announced that nonfarm business productivity increased 0.3% in Q1 2026, while unit labor costs rose 1.8%. Manufacturing productivity also saw a 3.2% increase.
BusinessPolitics and GovernmentEconomyEmployment and LaborFederal Government Bureau of Labor StatisticsProductivityUnit Labor CostsNonfarm BusinessManufacturingLabor Market
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US Nonfarm Business Productivity Rises 0.8 Percent in First Quarter of 2026
The Bureau of Labor Statistics reports a 0.8 percent increase in nonfarm business productivity for the first quarter of 2026. Meanwhile, manufacturing productivity saw a stronger boost, rising 3.6 percent alongside moderate increases in unit labor costs.
BusinessPolitics and GovernmentEconomyEmployment and LaborFederal Government Bureau of Labor StatisticsProductivityUnit Labor CostsManufacturingEconomic IndicatorsBusiness and Finance