Observation:
Q3 2024: -0.3 (+ more) Updated: Dec 10, 2024 7:36 AM CSTQ3 2024: | -0.3 | |
Q2 2024: | -3.3 | |
Q1 2024: | 5.8 | |
Q4 2023: | -0.3 | |
Q3 2023: | -1.7 | |
View All |
Units:
Percent Change at Annual Rate,Frequency:
QuarterlyData 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: Quarterly
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 PRS85006172
U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Share for All Workers [PRS85006172], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006172, .