Federal Reserve Economic Data: Your trusted data source since 1991

Private Nonfarm Business Sector: Contribution of Labor Composition (MPU4910183)

Observation:

2022: 0.1 (+ more)   Updated: Nov 21, 2023
2022:  0.1  
2021:  -0.5  
2020:  1.7  
2019:  0.2  
2018:  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:

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: MPU4910183

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Contribution of Labor Composition [MPU4910183], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910183, March 19, 2024.

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