Key points
US unit labor costs (top) and nonfarm productivity (bottom), QoQ annualized, 2010-2026 ｜ Q3 unit labor costs -0.7% (prior +1.9%), productivity +3.6% (prior +2.1%)
Image source: @LizAnnSonders
2026-11-06
US Q3 Unit Labor Costs Fall 0.7% as Nonfarm Productivity Rises 3.6%