Source: U.S. Bureau of Labor Statistics
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, October 15, 2019.