BLS: Productivity increases 7.3% in Q2 2020; unit labor costs rise 12.2% (annual rates)

BLS: Productivity increases 7.3% in Q2 2020; unit labor costs rise 12.2% (annual rates)

Productivity increased 7.3 percent in the nonfarm business sector in the second quarter of 2020; unit labor costs increased 12.2 percent (seasonally adjusted annual rates). In manufacturing, productivity decreased 15.5 percent and unit labor costs increased 31.1 percent.

https://www.bls.gov/news.release/prod2.nr0.htm

https://www.bls.gov/news.release/pdf/prod2.pdf

https://www.bls.gov/charts/productivity-and-costs/

https://www.bls.gov/feed/prod2.rss

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From: https://www.bls.gov/