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 IPUEN31161U110000000
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 9:10 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 34.938
1988-01-01 37.884
1989-01-01 40.777
1990-01-01 42.473
1991-01-01 44.642
1992-01-01 47.153
1993-01-01 48.537
1994-01-01 50.697
1995-01-01 53.547
1996-01-01 54.629
1997-01-01 49.588
1998-01-01 52.066
1999-01-01 55.415
2000-01-01 56.767
2001-01-01 59.250
2002-01-01 62.416
2003-01-01 62.728
2004-01-01 64.812
2005-01-01 66.403
2006-01-01 67.825
2007-01-01 75.554
2008-01-01 75.865
2009-01-01 76.132
2010-01-01 77.439
2011-01-01 77.192
2012-01-01 79.026
2013-01-01 81.312
2014-01-01 82.579
2015-01-01 85.902
2016-01-01 90.009
2017-01-01 100.000
2018-01-01 101.282
2019-01-01 105.579
2020-01-01 118.644
2021-01-01 124.318
2022-01-01 135.484
2023-01-01 139.178

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