Nonfarm Business Sector: Unit Labor Costs for All Workers
Labor · FRED/Treasury · ULCNFB
What this measures. The Productivity and Costs release on August 7, 2003, will reflect the June 2003 benchmark revision to payroll employment. Since employment is now reported on a North American Industry Classification System (NAICS) basis, all of the historical data will be revised. Changes as a consequence of the move to NAICS should not be significant since this release…
The latest reading sits at MID relative to this series' own history (313 observations) — a statement of where it is in its range, not a forecast. Hover the chart for values; the marked point is the most recent observation.
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