Federal Reserve Economic Data: Your trusted data source since 1991

Private Nonfarm Business Sector: Labor Composition (MPU4910093)

Observation:

2023: -0.1 (+ more)   Updated: Apr 1, 2024 12:40 PM CDT
2023:  -0.1  
2022:  0.1  
2021:  -0.9  
2020:  2.8  
2019:  0.3  
View All

Units:

Percent Change from Year Ago,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Labor composition was found by taking the ratio of labor input to hours.

For more information, please go to https://www.bls.gov/mfp/

Source Indicator: MPU4910093

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Labor Composition [MPU4910093], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910093, .

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