Federal Reserve Economic Data

Private Nonfarm Business Sector: Contribution of Labor Composition to Labor Productivity (MPU4910182)

Observation:

2023: 101.761 (+ more)   Updated: Apr 1, 2024 12:40 PM CDT
2023:  101.761  
2022:  101.788  
2021:  101.699  
2020:  102.233  
2019:  100.536  
View All

Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

Notes:

The portion of labor productivity change attributed to the composition of the labor force. Labor composition is the monetary and non-monetary payments to or on behalf of individuals for labor services used to produce output. Compensation may include salaries, wages, bonuses, contributions to benefits plans, and other forms of payment.

For more information, please go to https://www.bls.gov/mfp/

Source Indicator: MPU4910182

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Contribution of Labor Composition to Labor Productivity [MPU4910182], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910182, .

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