Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Animal Slaughtering and Processing (NAICS 31161) in the United States

Title Labor Compensation for Manufacturing: Animal Slaughtering and Processing (NAICS 31161) in the United States
Series ID IPUEN31161L020000000
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 8684.250
1988-01-01 9416.359
1989-01-01 10135.461
1990-01-01 10556.896
1991-01-01 11096.197
1992-01-01 11720.246
1993-01-01 12064.238
1994-01-01 12601.138
1995-01-01 13309.633
1996-01-01 13578.383
1997-01-01 12325.584
1998-01-01 12941.328
1999-01-01 13773.793
2000-01-01 14109.880
2001-01-01 14727.125
2002-01-01 15514.137
2003-01-01 15591.544
2004-01-01 16109.628
2005-01-01 16505.128
2006-01-01 16858.497
2007-01-01 18779.683
2008-01-01 18856.923
2009-01-01 18923.209
2010-01-01 19248.185
2011-01-01 19186.732
2012-01-01 19642.480
2013-01-01 20210.869
2014-01-01 20525.662
2015-01-01 21351.686
2016-01-01 22372.378
2017-01-01 24855.830
2018-01-01 25174.550
2019-01-01 26242.583
2020-01-01 29489.981
2021-01-01 30900.208
2022-01-01 33675.604
2023-01-01 34593.739

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