Observation:
2023: 0.0 (+ more) Updated: Dec 4, 2024 3:30 PM CST2023: | 0.0 | |
2022: | 0.1 | |
2021: | -0.5 | |
2020: | 1.7 | |
2019: | 0.2 | |
View All |
Units:
Percent Change from Year Ago,Frequency:
AnnualData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
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
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
U.S. Bureau of Labor Statistics, Private Nonfarm Business Sector: Contribution of Labor Composition to Labor Productivity [MPU4910183], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4910183, .