Federal Reserve Economic Data

Table Data - Labor Compensation for Mining: Oil and Gas Extraction (NAICS 2111) in the United States

Title Labor Compensation for Mining: Oil and Gas Extraction (NAICS 2111) in the United States
Series ID IPUBN2111U110000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-12-02 2:18 PM CST
Notes Labor compensation, defined as payroll plus supplemental payments, is a measure of the cost to the employer of securing the services of labor. Payroll includes salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind. Supplemental payments include both legally required expenditures and payments for voluntary programs. The legally required portion consists primarily of federal old age and survivors’ insurance, unemployment compensation, and workers’ compensation. Payments for voluntary programs include all programs not specifically required by legislation, such as the employer portion of private health insurance and pension plans.
DATE VALUE
1987-01-01 30.099
1988-01-01 31.614
1989-01-01 32.253
1990-01-01 33.721
1991-01-01 34.647
1992-01-01 35.836
1993-01-01 35.421
1994-01-01 35.622
1995-01-01 36.020
1996-01-01 37.552
1997-01-01 41.245
1998-01-01 41.999
1999-01-01 41.758
2000-01-01 45.058
2001-01-01 47.131
2002-01-01 46.364
2003-01-01 47.288
2004-01-01 54.495
2005-01-01 61.780
2006-01-01 74.193
2007-01-01 81.411
2008-01-01 95.509
2009-01-01 90.352
2010-01-01 97.601
2011-01-01 107.099
2012-01-01 121.687
2013-01-01 125.708
2014-01-01 133.109
2015-01-01 129.736
2016-01-01 117.967
2017-01-01 100.000
2018-01-01 101.248
2019-01-01 107.677
2020-01-01 99.086
2021-01-01 84.889
2022-01-01 94.857
2023-01-01 100.258

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