Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Petroleum Refineries (NAICS 324110) in the United States

Title Labor Compensation for Manufacturing: Petroleum Refineries (NAICS 324110) in the United States
Series ID IPUEN324110L020000000
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 2021-01-01
Last Updated 2023-03-06 12:22 PM CST
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 3466.638
1988-01-01 3607.544
1989-01-01 3786.151
1990-01-01 4048.961
1991-01-01 4421.376
1992-01-01 4570.982
1993-01-01 4789.091
1994-01-01 4896.295
1995-01-01 4915.896
1996-01-01 4842.493
1997-01-01 5035.601
1998-01-01 5084.503
1999-01-01 5086.903
2000-01-01 5072.702
2001-01-01 5526.620
2002-01-01 5808.671
2003-01-01 6372.253
2004-01-01 7193.723
2005-01-01 7738.484
2006-01-01 8036.966
2007-01-01 8413.466
2008-01-01 8495.108
2009-01-01 8850.404
2010-01-01 8766.158
2011-01-01 9193.234
2012-01-01 9726.713
2013-01-01 9807.341
2014-01-01 10069.168
2015-01-01 10496.619
2016-01-01 10727.926
2017-01-01 11299.366
2018-01-01 11509.784
2019-01-01 11450.960
2020-01-01 11646.028
2021-01-01 10986.007

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