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 IPUEN325U110000000
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 9:18 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 42.125
1988-01-01 45.111
1989-01-01 49.313
1990-01-01 52.016
1991-01-01 54.368
1992-01-01 56.112
1993-01-01 57.223
1994-01-01 58.658
1995-01-01 61.093
1996-01-01 62.757
1997-01-01 64.180
1998-01-01 66.798
1999-01-01 68.375
2000-01-01 69.621
2001-01-01 70.185
2002-01-01 71.981
2003-01-01 73.505
2004-01-01 73.165
2005-01-01 75.492
2006-01-01 76.334
2007-01-01 84.174
2008-01-01 83.768
2009-01-01 80.205
2010-01-01 81.591
2011-01-01 82.587
2012-01-01 89.229
2013-01-01 87.972
2014-01-01 87.888
2015-01-01 93.181
2016-01-01 95.484
2017-01-01 100.000
2018-01-01 101.358
2019-01-01 103.164
2020-01-01 106.460
2021-01-01 111.450
2022-01-01 119.754
2023-01-01 122.415

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