Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Footwear Manufacturing (NAICS 31621) in the United States

Title Labor Compensation for Manufacturing: Footwear Manufacturing (NAICS 31621) in the United States
Series ID IPUEN31621L020000000
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 9:19 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 1299.681
1988-01-01 1327.489
1989-01-01 1312.119
1990-01-01 1297.153
1991-01-01 1178.338
1992-01-01 1212.517
1993-01-01 1236.987
1994-01-01 1217.471
1995-01-01 1162.260
1996-01-01 1095.522
1997-01-01 1033.132
1998-01-01 975.089
1999-01-01 945.866
2000-01-01 862.342
2001-01-01 792.570
2002-01-01 623.624
2003-01-01 600.049
2004-01-01 582.404
2005-01-01 559.180
2006-01-01 515.993
2007-01-01 497.547
2008-01-01 510.600
2009-01-01 447.329
2010-01-01 487.762
2011-01-01 482.107
2012-01-01 500.434
2013-01-01 527.834
2014-01-01 519.069
2015-01-01 537.686
2016-01-01 536.391
2017-01-01 554.908
2018-01-01 602.721
2019-01-01 604.735
2020-01-01 525.031
2021-01-01 540.225
2022-01-01 595.603
2023-01-01 653.818

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