Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Basic Chemical Manufacturing (NAICS 3251) in the United States

Title Labor Compensation for Manufacturing: Basic Chemical Manufacturing (NAICS 3251) in the United States
Series ID IPUEN3251L020000000
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 9:09 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 9339.480
1988-01-01 9797.000
1989-01-01 10427.002
1990-01-01 11224.084
1991-01-01 11912.814
1992-01-01 12282.392
1993-01-01 12084.297
1994-01-01 11953.434
1995-01-01 12327.914
1996-01-01 13373.315
1997-01-01 13097.783
1998-01-01 13352.405
1999-01-01 13485.669
2000-01-01 13396.826
2001-01-01 13433.744
2002-01-01 13996.574
2003-01-01 13886.644
2004-01-01 13940.859
2005-01-01 13906.445
2006-01-01 13956.235
2007-01-01 14012.029
2008-01-01 14368.355
2009-01-01 13282.813
2010-01-01 14123.937
2011-01-01 14490.847
2012-01-01 15744.430
2013-01-01 15920.407
2014-01-01 15847.521
2015-01-01 16682.912
2016-01-01 17177.752
2017-01-01 17489.290
2018-01-01 17816.854
2019-01-01 18003.962
2020-01-01 18086.132
2021-01-01 18275.574
2022-01-01 19971.132
2023-01-01 21141.366

Subscribe to the FRED newsletter


Follow us

Back to Top