Observation:
2023: 0.580 (+ more) Updated: Dec 4, 2024 3:30 PM CST2023: | 0.580 | |
2022: | 0.586 | |
2021: | 0.589 | |
2020: | 0.605 | |
2019: | 0.609 | |
View All |
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: Total Factor Productivity for Major Industries
Units: Percent, Not Seasonally Adjusted
Frequency: Annual
The portion of the total costs to produce output that can be attributed to the cost of labor.
For more information, please go to https://www.bls.gov/mfp/
Source Indicator: MPU4900141
U.S. Bureau of Labor Statistics, Private Business Sector: Labor Share [MPU4900141], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900141, .