Monetary Policy Report submitted to the Congress on February 27, 2008, pursuant to section 2B of the Federal Reserve Act
| Period | Change in unit labor costs |
|---|---|
| 1996-2000 | 2.25 |
| 2001 | 0.40 |
| 2002 | 0.20 |
| 2003 | 0.50 |
| 2004 | 2.10 |
| 2005 | 1.60 |
| 2006 | 4.10 |
| 2007 | 1.00 |
Note: Nonfarm business sector. The change for 1996 to 2000 is measured to 2000:Q4 from 1995:Q4.
Source: Department of Labor, Bureau of Labor Statistics.