Table Data - Labor Compensation for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 3311) in the United States

Title	Labor Compensation for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 3311) in the United States
Series ID	IPUEN3311L021000000
Source	U.S. Bureau of Labor Statistics
Release	Industry Productivity
Seasonal Adjustment	Not Seasonally Adjusted
Frequency	Annual
Units	Percent Change from Year Ago
Date Range	1988-01-01 to 2023-01-01
Last Updated	2024-04-26 9:17 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
1988-01-01	9.8
1989-01-01	1.3
1990-01-01	3.0
1991-01-01	-3.6
1992-01-01	1.3
1993-01-01	0.8
1994-01-01	5.6
1995-01-01	1.2
1996-01-01	-1.1
1997-01-01	-0.7
1998-01-01	-0.9
1999-01-01	-4.4
2000-01-01	3.7
2001-01-01	-9.2
2002-01-01	-6.0
2003-01-01	-4.8
2004-01-01	8.1
2005-01-01	-1.3
2006-01-01	1.8
2007-01-01	3.8
2008-01-01	7.4
2009-01-01	-18.7
2010-01-01	11.3
2011-01-01	11.7
2012-01-01	3.6
2013-01-01	-1.0
2014-01-01	-0.5
2015-01-01	-2.3
2016-01-01	-5.8
2017-01-01	-1.9
2018-01-01	5.4
2019-01-01	-0.9
2020-01-01	-11.2
2021-01-01	3.4
2022-01-01	11.8
2023-01-01	3.3

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