Federal Reserve Economic Data: Your trusted data source since 1991

Nonfarm Business Sector: Labor Share for All Workers (PRS85006171)

Observation:

Q4 2023: 0.1 (+ more)   Updated: Mar 7, 2024 7:36 AM CST
Q4 2023:  0.1  
Q3 2023:  -1.1  
Q2 2023:  0.4  
Q1 2023:  -1.1  
Q4 2022:  -2.0  
View All

Units:

Percent Change from Quarter One Year Ago,
Seasonally Adjusted

Frequency:

Quarterly

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Percent Change from Quarter One Year Ago, Seasonally Adjusted

Frequency:  Quarterly

Notes:

Labor's share in current dollar output in a given sector is simply the ratio of labor compensation paid in that sector to current dollar output.

For more information, please go to https://www.bls.gov/news.release/pdf/prod2.pdf PRS85006171

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Labor Share for All Workers [PRS85006171], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PRS85006171, April 21, 2024.

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