Step 1: General formula for rate constant units.
For a reaction of order $n$:
\[
\text{Unit of rate constant (k)} = \text{mol}^{1-n} \, \text{L}^{n-1} \, \text{s}^{-1}
\]
Step 2: Apply for first order reaction.
For $n = 1$:
\[
\text{Unit of k} = \text{mol}^{1-1} \, \text{L}^{1-1} \, \text{s}^{-1} = \text{s}^{-1}
\]
Step 3: Conclusion.
Thus, the unit of velocity constant for a first-order reaction is s$^{-1}$.
Final Answer:
\[
\boxed{\text{s}^{-1}}
\]