![]() Average hourly earnings increased 0.2 percent, and CPI-U increased 0.4 percent. Real average hourly earnings for all employees decreased 0.2 percent in September, seasonally adjusted. Productivity increased 2.9 percent and unit labor costs increased 4.9 percent. Unit labor costs increased 2.2 percent (seasonally adjusted annual rates). Productivity increased 3.5 percent in the nonfarm business sector in the second quarter of 2023 ![]() Prices for final demand moved up 2.2 percent for the 12 months ended in September. Prices for finalĭemand goods rose 0.9 percent, and the index for final demand services advanced 0.3 percent. The Producer Price Index for final demand increased 0.5 percent in September. Job gains occurred in leisure and hospitality government healthĬare professional, scientific, and technical services and social assistance. Total nonfarm payroll employment rose by 336,000 in September, and the unemployment rate was Over the year, total compensation rose 4.5 percent, wages and salaries rose 4.6 percent, and benefit costs rose 4.2 percent. Items less food and energy increased 0.3 percent in September (SA) up 4.1 percent over the year (NSA).Ĭompensation costs increased 1.0 percent for civilian workers, seasonally adjusted, from March 2023 to June 2023. In September, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonallyĪdjusted, and rose 3.7 percent over the last 12 months, not seasonally adjusted. MAJOR ECONOMIC INDICATORS Consumer Price Index ![]()
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