Observation:
2021: 0.174 (+ more) Updated: Aug 29, 2024 10:33 AM CDT2021: | 0.174 | |
2020: | 0.215 | |
2019: | 0.174 | |
2018: | 0.144 | |
2017: | 0.126 | |
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Units:
Percent,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Bureau of Labor Statistics
Release: Industry Productivity
Units: Percent, Not Seasonally Adjusted
Frequency: Annual
Labor share is the proportion of the total dollar cost to produce output of goods and services attributed to use of labor.
U.S. Bureau of Labor Statistics, Labor Share for Manufacturing: Leather and Hide Tanning and Finishing (NAICS 3161) in the United States [IPUEN3161L030000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN3161L030000000, .