US nonfarm productivity and unit labor costs for Q1 2020
- nonfarm productivity for 1st quarter preliminary -2.5% versus -5.5% estimate. Last month 1.2%
- unit labor costs for 1st quarter preliminary for .8% versus 4.5% estimate. Last month 0.9%
- output fell -6.2% versus +2.4% in the prior quarter
- employee hours fell -3.8% versus 1.2% in the 4th quarter
- compensation per hour rose 2.2% versus 2.1% in 4th quarter
- real compensation rose 0.9% versus down -0.3% in the 4th quarter
- unit labor payments fell -4.5% versus +0.9% in the 4th quarter
- price deflator rose 0.7% versus 0.9% in the 4th quarter
