Source: U.S. Bureau of Labor Statistics
The portion of labor productivity change attributed to the composition of the labor force. Labor composition is the monetary and non-monetary payments to or on behalf of individuals for labor services used to produce output. Compensation may include salaries, wages, bonuses, contributions to benefits plans, and other forms of payment.
For more information, please go to https://www.bls.gov/mfp/
Source Indicator: MPU4900183
U.S. Bureau of Labor Statistics, Private Business Sector: Contribution of Labor Composition [MPU4900183], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900183, July 24, 2019.