Labor costs once rose reliably in response to price pressure from non-labor sources: Unit labor cost growth and lagged growth in non-labor costs, 1954–1988

% change in unit labor costs % change in unit non-labor costs
1954 0.40% -0.60%
1955 0.70% 0.10%
1956 0.40% 0.70%
1957 0.50% 0.50%
1958 0.00% -0.10%
1959 0.10% 0.10%
1960 0.20% 0.30%
1961 0.10% -0.20%
1962 0.20% 0.00%
1963 0.10% 0.00%
1964 0.30% 0.10%
1965 0.70% 0.00%
1966 0.60% 0.70%
1967 0.90% 0.40%
1968 1.20% 0.60%
1969 1.00% 1.30%
1970 0.90% 0.80%
1971 1.00% 0.10%
1972 2.20% 0.70%
1973 3.50% 1.60%
1974 2.50% 2.60%
1975 1.60% 0.60%
1976 2.20% 1.30%
1977 2.80% 1.20%
1978 3.60% 2.10%
1979 4.90% 3.10%
1980 4.40% 2.80%
1981 2.30% 2.20%
1982 1.20% 1.80%
1983 1.60% -0.20%
1984 1.00% 1.00%
1985 0.80% 1.20%
1986 1.30% 1.10%
1987 1.90% 0.50%
1988 1.90% 0.90%

Note: Both labor costs and non-labor costs are calculated as the contribution of each to overall price changes. Data are measured from the same quarter in the previous year, with the non-labor costs lagged one period.  

Source: Data from table 1.15 from the National Income and Product Accounts (NIPA) of the Bureau of Economic Analysis (BEA).

View the underlying data on epi.org.