Nonfarm business sector labor productivity increased 2.2 percent during the third quarter of 2018, the U.S. Bureau of Labor Statistics reported today, as output increased 4.1 percent and hours worked increased 1.8 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)
From the third quarter of 2017 to the third quarter of 2018, productivity increased 1.3 percent, reflecting a 3.7-percent increase in output and a 2.4-percent increase in hours worked

Unit labor costs in the nonfarm business sector increased 1.2 percent in the third quarter of 2018, reflecting a 3.5-percent increase in hourly compensation and a 2.2-percent increase in labor productivity. Unit labor costs increased 1.5 percent over the last four quarters.