Federal Reserve Economic Data

Table Data - Labor Compensation for Utilities: Electric Power Generation, Transmission and Distribution (NAICS 2211) in the United States

Title Labor Compensation for Utilities: Electric Power Generation, Transmission and Distribution (NAICS 2211) in the United States
Series ID IPUCN2211L020000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-12-02 2:17 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 25684.338
1988-01-01 26132.113
1989-01-01 27097.676
1990-01-01 28853.464
1991-01-01 29814.350
1992-01-01 31361.436
1993-01-01 31862.310
1994-01-01 31818.056
1995-01-01 31008.137
1996-01-01 30921.717
1997-01-01 30750.437
1998-01-01 31513.819
1999-01-01 34206.288
2000-01-01 36201.552
2001-01-01 39025.676
2002-01-01 40280.452
2003-01-01 39468.700
2004-01-01 40925.217
2005-01-01 40981.282
2006-01-01 43610.653
2007-01-01 45231.564
2008-01-01 47310.263
2009-01-01 47379.683
2010-01-01 48269.105
2011-01-01 50111.626
2012-01-01 53192.209
2013-01-01 53863.069
2014-01-01 53500.445
2015-01-01 56138.529
2016-01-01 56636.710
2017-01-01 59480.653
2018-01-01 60662.624
2019-01-01 61239.563
2020-01-01 62096.243
2021-01-01 62546.034
2022-01-01 66393.147
2023-01-01 71608.014

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