Observation:
2023: 1.5 (+ more) Updated: May 31, 2024 2:56 PM CDT2023: | 1.5 | |
2022: | 1.5 | |
2021: | 4.4 | |
2020: | -3.3 | |
2019: | 2.6 | |
View All |
Units:
Percent Change from Year Ago,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 Change from Year Ago, Not Seasonally Adjusted
Frequency: Annual
Real labor compensation is defined as payments to labor to produce goods and services, including wages, benefits and other monetary or nonmonetary payments, adjusted for inflation.
U.S. Bureau of Labor Statistics, Real Labor Compensation for Private Nonfarm in New York [IPUZNL061360000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNL061360000, .