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 IPUEN3112U110000000
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 52.890
1988-01-01 57.382
1989-01-01 60.241
1990-01-01 60.625
1991-01-01 62.927
1992-01-01 64.178
1993-01-01 65.669
1994-01-01 65.984
1995-01-01 66.776
1996-01-01 65.217
1997-01-01 67.914
1998-01-01 66.554
1999-01-01 67.774
2000-01-01 68.005
2001-01-01 68.039
2002-01-01 70.540
2003-01-01 71.444
2004-01-01 74.251
2005-01-01 77.207
2006-01-01 78.245
2007-01-01 80.299
2008-01-01 83.509
2009-01-01 85.080
2010-01-01 86.913
2011-01-01 87.409
2012-01-01 90.604
2013-01-01 92.659
2014-01-01 93.571
2015-01-01 96.468
2016-01-01 97.035
2017-01-01 100.000
2018-01-01 101.194
2019-01-01 105.441
2020-01-01 111.061
2021-01-01 113.255
2022-01-01 123.522
2023-01-01 133.009

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