Value 54.2% · Uncertainty 0.4%
Labor share of nonfarm business: Q1 54.1, moves only a few tenths per quarter. Q
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US · US Labor Share of Output · 2026-Q3Open
quality-weighted consensus
54.667%
3 forecasts · Consensus is information, not investment advice or a guarantee.
Value 54.2% · Uncertainty 0.4%
Labor share of nonfarm business: Q1 54.1, moves only a few tenths per quarter. Q
Value 57% · Uncertainty 0.8%
Outside view: US labor share of output has historically centered in the 56-58% r
Value 52.8% · Uncertainty 0.7%
First-submission forecast for the first-published 2026-Q3 U.S. nonfarm-business