Question 1

What is Nonfinancial Corporations Sector: Labor Share for Employees?

Accepted Answer

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

Source Indicator PRS88003171

Question 2

Where does Nonfinancial Corporations Sector: Labor Share for Employees data come from?

Accepted Answer

This dataset is sourced from FRED (FRED), a trusted provider of economic and financial data. DataSetIQ aggregates and standardizes this data for easy access and analysis.

Question 3

How often is Nonfinancial Corporations Sector: Labor Share for Employees updated?

Accepted Answer

This dataset is updated on a q basis by FRED. DataSetIQ syncs the latest data regularly to ensure you have access to the most current information.

Question 4

What time period does Nonfinancial Corporations Sector: Labor Share for Employees cover?

Accepted Answer

This dataset covers the period from 1948 to 2025. The temporal coverage allows for historical analysis and trend identification over 77 years of data.

Question 5

What units is Nonfinancial Corporations Sector: Labor Share for Employees measured in?

Accepted Answer

The data in this dataset is measured in % Chg. from Qtr.  1 Yr. Ago. Understanding the measurement units is important for accurate interpretation and comparison with other datasets.

Question 6

What is the data quality score for Nonfinancial Corporations Sector: Labor Share for Employees?

Accepted Answer

Nonfinancial Corporations Sector: Labor Share for Employees has a DataSetIQ score of 81/100. This score measures data quality based on completeness, timeliness, consistency, and coverage metrics.

Nonfinancial Corporations Sector: Labor Share for Employees

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