Federal Reserve Economic Data

Private Nonfarm Business Sector: Labor Share (MPU4910141)

Observation:

2022: 0.602 (+ more)   Updated: Nov 21, 2023 12:58 PM CST
2022:  0.602  
2021:  0.604  
2020:  0.611  
2019:  0.617  
2018:  0.616  
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Units:

Percent,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Percent, Not Seasonally Adjusted

Frequency:  Annual

Notes:

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: MPU4910141

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Labor Share [MPU4910141], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910141, .

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