Private Business Sector: Labor Productivity, Percent Change : 2.8% (As of 2024-01-01)
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Basic Info

Private Business Sector: Labor Productivity, Percent Change was 2.8 as of 2024-01-01, according to U.S. Bureau of Labor Statistics. Historically, Private Business Sector: Labor Productivity, Percent Change reached a record high of 5.4 and a record low of -1.5, the median value is 2. Typical value range is from -0.03 to 3.3. The Year-Over-Year growth is 33.33%. GuruFocus provides the current actual value, an historical data chart and related indicators for Private Business Sector: Labor Productivity, Percent Change - last updated on 2024-01-01.

Annual , not seasonally adjusted . The efficiency at which labor hours are utilized in producing output of goods and services, measured as output per hour of labor. For more information, please go to http://www.bls.gov/mfp/ Source Indicator: MPU4900063
Category Population, Employment, & Labor Markets
Region USA
Source U.S. Bureau of Labor Statistics

Stats

Name Value
Last Value 2.8%
Latest Period 2024-01-01
Long Term Average 1.61%
Average Annualized Growth Rate +1.75%
Value from 1 year ago 2.1%
Change from 1 year ago +33.33%
Frequency Annual
Unit %
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