Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Chemical Manufacturing (NAICS 325) in the United States

Title Labor Compensation for Manufacturing: Chemical Manufacturing (NAICS 325) in the United States
Series ID IPUEN325L020000000
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 33054.591
1988-01-01 35398.037
1989-01-01 38694.937
1990-01-01 40815.861
1991-01-01 42661.408
1992-01-01 44029.878
1993-01-01 44902.051
1994-01-01 46027.578
1995-01-01 47938.291
1996-01-01 49244.499
1997-01-01 50360.616
1998-01-01 52414.972
1999-01-01 53652.812
2000-01-01 54630.490
2001-01-01 55072.433
2002-01-01 56482.254
2003-01-01 57677.989
2004-01-01 57411.277
2005-01-01 59237.017
2006-01-01 59898.141
2007-01-01 66050.054
2008-01-01 65730.906
2009-01-01 62935.161
2010-01-01 64022.815
2011-01-01 64804.670
2012-01-01 70016.301
2013-01-01 69029.519
2014-01-01 68964.060
2015-01-01 73117.323
2016-01-01 74924.434
2017-01-01 78468.023
2018-01-01 79533.337
2019-01-01 80950.471
2020-01-01 83537.017
2021-01-01 87452.808
2022-01-01 93968.566
2023-01-01 96056.248

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