Federal Reserve Economic Data

Table Data - Labor Compensation for Utilities: Utilities (NAICS 221) in the United States

Title Labor Compensation for Utilities: Utilities (NAICS 221) in the United States
Series ID IPUCN221L020000000
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 2024-04-26 9:10 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 32483.407
1988-01-01 32999.228
1989-01-01 34210.407
1990-01-01 36474.479
1991-01-01 38039.329
1992-01-01 40424.688
1993-01-01 41336.384
1994-01-01 41511.319
1995-01-01 40678.135
1996-01-01 40704.744
1997-01-01 40829.124
1998-01-01 41728.806
1999-01-01 45362.740
2000-01-01 48227.066
2001-01-01 51636.157
2002-01-01 52895.924
2003-01-01 51496.203
2004-01-01 53642.155
2005-01-01 53775.868
2006-01-01 57751.144
2007-01-01 59822.924
2008-01-01 62609.886
2009-01-01 63069.762
2010-01-01 64107.698
2011-01-01 66486.888
2012-01-01 71065.103
2013-01-01 71978.736
2014-01-01 72171.023
2015-01-01 75940.410
2016-01-01 76299.595
2017-01-01 80065.673
2018-01-01 81438.267
2019-01-01 82759.569
2020-01-01 84037.045
2021-01-01 85559.603
2022-01-01 91120.557
2023-01-01 98521.732

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