US Q3 Unit Labor Costs Post Surprise 1.9% Drop as Productivity Surges
US unit labor costs fell 1.9% in Q3 2025, defying forecasts, as productivity surged 4.9%—the strongest gain in two years—helping ease inflationary pressures despite rising wages.
US Q2 Unit Labor Costs Rise 1.6%—Exceed Market Expectations
US Q2 unit labor costs rose 1.6%, surpassing market expectations, as productivity rebounded and hourly compensation increased, reflecting ongoing cost pressures amid tariff impacts.
US Q1 Unit Labor Costs Rise 6.6%—Exceed Market Expectations
US Q1 unit labor costs rose 6.6%, beating forecasts, while nonfarm productivity fell 1.5%—the first decline since Q2 2022—signaling persistent wage pressures.
In the first quarter, #nonfarmproductivity increased by 0.3%, falling short of the expected 0.8% and significantly lower than the previous 3.5% growth. Meanwhile, #unitlaborcosts rose by 4.7%, surpassing expectations of 3.6% and showing an increase from the previous 0.4%. #US