Home > Releases > Industry Productivity > Unit Labor Costs for Private Nonfarm in Michigan
Observation:
2023: 3.6 (+ more) Updated: May 31, 2024 2:54 PM CDT2023: | 3.6 | |
2022: | 6.6 | |
2021: | 1.3 | |
2020: | 1.5 | |
2019: | 2.5 |
Units:
Percent Change from Year Ago,Frequency:
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Title | Release Dates | |
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Unit Labor Costs for Private Nonfarm in Michigan | 2021-05-27 | 2024-05-30 |
Source | ||
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U.S. Bureau of Labor Statistics | 2021-05-27 | 2024-05-30 |
Release | ||
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Industry Productivity | 2021-05-27 | 2024-05-30 |
Units | ||
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Percent Change from Year Ago | 2021-05-27 | 2024-05-30 |
Frequency | ||
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Annual | 2021-05-27 | 2024-05-30 |
Seasonal Adjustment | ||
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Not Seasonally Adjusted | 2021-05-27 | 2024-05-30 |
Notes | ||
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Unit labor costs represent the cost of labor required to produce one unit of output. The unit labor cost indexes are computed by dividing an index of nominal industry labor compensation by an index of real industry output.
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2021-05-27 | 2024-05-30 |