Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Plastics and Rubber Products Manufacturing (NAICS 326) in the United States

Title Labor Compensation for Manufacturing: Plastics and Rubber Products Manufacturing (NAICS 326) in the United States
Series ID IPUEN326U110000000
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 46.310
1988-01-01 49.868
1989-01-01 53.479
1990-01-01 55.711
1991-01-01 57.000
1992-01-01 61.555
1993-01-01 65.164
1994-01-01 68.708
1995-01-01 71.807
1996-01-01 74.557
1997-01-01 78.590
1998-01-01 81.777
1999-01-01 85.876
2000-01-01 88.839
2001-01-01 86.114
2002-01-01 87.026
2003-01-01 87.324
2004-01-01 87.173
2005-01-01 89.131
2006-01-01 89.426
2007-01-01 90.995
2008-01-01 86.385
2009-01-01 74.881
2010-01-01 78.502
2011-01-01 80.646
2012-01-01 85.256
2013-01-01 87.639
2014-01-01 90.641
2015-01-01 94.385
2016-01-01 96.833
2017-01-01 100.000
2018-01-01 104.548
2019-01-01 106.992
2020-01-01 107.696
2021-01-01 114.359
2022-01-01 123.730
2023-01-01 126.529

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