Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Grain and Oilseed Milling (NAICS 3112) in the United States

Title Labor Compensation for Manufacturing: Grain and Oilseed Milling (NAICS 3112) in the United States
Series ID IPUEN3112L020000000
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 9:08 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 2338.661
1988-01-01 2537.285
1989-01-01 2663.664
1990-01-01 2680.675
1991-01-01 2782.439
1992-01-01 2837.773
1993-01-01 2903.714
1994-01-01 2917.623
1995-01-01 2952.645
1996-01-01 2883.702
1997-01-01 3002.976
1998-01-01 2942.839
1999-01-01 2996.773
2000-01-01 3006.979
2001-01-01 3008.480
2002-01-01 3119.083
2003-01-01 3159.036
2004-01-01 3283.180
2005-01-01 3413.886
2006-01-01 3459.773
2007-01-01 3550.580
2008-01-01 3692.546
2009-01-01 3761.998
2010-01-01 3843.028
2011-01-01 3864.961
2012-01-01 4006.258
2013-01-01 4097.112
2014-01-01 4137.437
2015-01-01 4265.551
2016-01-01 4290.632
2017-01-01 4421.715
2018-01-01 4474.510
2019-01-01 4662.303
2020-01-01 4910.802
2021-01-01 5007.795
2022-01-01 5461.787
2023-01-01 5881.277

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