Federal Reserve Economic Data

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

Observation:

2023: 101.767 (+ more)   Updated: Dec 4, 2024 3:30 PM CST
2023:  101.767  
2022:  101.764  
2021:  101.686  
2020:  102.211  
2019:  100.531  
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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