Source: U.S. Bureau of Labor Statistics
Release: Total Factor Productivity for Major Industries
The portion of the total costs to produce output that can be attributed to the cost of labor.
For more information, please go to https://www.bls.gov/mfp/
Source Indicator: MPU4900141
U.S. Bureau of Labor Statistics, Private Business Sector: Labor's Share in Cost [MPU4900141], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900141, June 2, 2023.