Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Plate Work and Fabricated Structural Product Manufacturing (NAICS 33231) in the United States

Title Labor Compensation for Manufacturing: Plate Work and Fabricated Structural Product Manufacturing (NAICS 33231) in the United States
Series ID IPUEN33231L020000000
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 2021-01-01
Last Updated 2023-03-06 12:17 PM CST
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 3880.894
1988-01-01 4156.887
1989-01-01 4225.382
1990-01-01 4514.249
1991-01-01 4467.278
1992-01-01 4261.691
1993-01-01 4348.291
1994-01-01 4488.500
1995-01-01 4760.268
1996-01-01 5085.042
1997-01-01 5612.888
1998-01-01 5934.343
1999-01-01 6371.164
2000-01-01 6451.226
2001-01-01 6470.135
2002-01-01 7306.732
2003-01-01 7075.497
2004-01-01 7054.740
2005-01-01 7228.065
2006-01-01 8263.614
2007-01-01 10174.799
2008-01-01 10532.091
2009-01-01 8705.937
2010-01-01 8274.557
2011-01-01 8452.314
2012-01-01 9039.652
2013-01-01 9540.374
2014-01-01 9786.321
2015-01-01 10149.081
2016-01-01 10138.069
2017-01-01 11345.468
2018-01-01 11848.931
2019-01-01 11913.907
2020-01-01 11734.845
2021-01-01 12426.783

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