Observation:
2021: 0.349 (+ more) Updated: Sep 1, 2023 1:32 PM CDT2021: | 0.349 | |
2020: | 0.379 | |
2019: | 0.379 | |
2018: | 0.370 | |
2017: | 0.376 | |
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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: Other Leather and Allied Product Manufacturing (NAICS 31699) in the United States [IPUEN31699L030000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUEN31699L030000000, .