Observation:
2021: -14.4 (+ more) Updated: Nov 7, 2024 7:36 AM CST2021: | -14.4 | |
2020: | 13.0 | |
2019: | 6.0 | |
2018: | -4.2 | |
2017: | -1.5 | |
View All |
Units:
Percent Change at Annual Rate,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: Productivity and Costs
Units: Percent Change at Annual Rate, Seasonally Adjusted
Frequency: Annual
Labor's share in current dollar output in a given sector is simply the ratio of labor compensation paid in that sector to current dollar output.
For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf
Source Indicator PRS32006172
U.S. Bureau of Labor Statistics, Manufacturing, Nondurable Goods Sector: Labor Share for All Workers [PRS32006172], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS32006172, .