Federal Reserve Economic Data

Table Data - Labor Compensation for Mining: Metal Ore Mining (NAICS 2122) in the United States

Title Labor Compensation for Mining: Metal Ore Mining (NAICS 2122) in the United States
Series ID IPUBN2122U110000000
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 2024-04-26 9:20 AM CDT
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 32.714
1988-01-01 41.093
1989-01-01 47.137
1990-01-01 50.777
1991-01-01 51.089
1992-01-01 52.460
1993-01-01 53.036
1994-01-01 53.450
1995-01-01 59.529
1996-01-01 68.749
1997-01-01 68.916
1998-01-01 66.117
1999-01-01 63.933
2000-01-01 56.296
2001-01-01 52.289
2002-01-01 46.558
2003-01-01 45.323
2004-01-01 49.347
2005-01-01 55.605
2006-01-01 66.663
2007-01-01 77.931
2008-01-01 89.424
2009-01-01 74.998
2010-01-01 84.223
2011-01-01 99.819
2012-01-01 109.304
2013-01-01 110.362
2014-01-01 108.799
2015-01-01 105.837
2016-01-01 98.934
2017-01-01 100.000
2018-01-01 110.505
2019-01-01 113.790
2020-01-01 110.137
2021-01-01 125.462
2022-01-01 132.243
2023-01-01 135.323

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