Federal Reserve Economic Data

Nonfarm Business Sector: Labor Share for All Workers (PRS85006171)

Observation:

Q3 2024: 1.6 (+ more)   Updated: Nov 7, 2024 2:39 PM CST
Q3 2024:  1.6  
Q2 2024:  0.9  
Q1 2024:  1.1  
Q4 2023:  -0.5  
Q3 2023:  -1.9  
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Units:

Percent Change from Quarter One Year Ago,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Percent Change from Quarter One Year Ago, Seasonally Adjusted

Frequency:  Quarterly

Notes:

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 PRS85006171

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Share for All Workers [PRS85006171], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006171, .

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