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 IPUEN33231U110000000
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 2021-01-01
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
1987-01-01 34.207
1988-01-01 36.639
1989-01-01 37.243
1990-01-01 39.789
1991-01-01 39.375
1992-01-01 37.563
1993-01-01 38.326
1994-01-01 39.562
1995-01-01 41.957
1996-01-01 44.820
1997-01-01 49.473
1998-01-01 52.306
1999-01-01 56.156
2000-01-01 56.862
2001-01-01 57.028
2002-01-01 64.402
2003-01-01 62.364
2004-01-01 62.181
2005-01-01 63.709
2006-01-01 72.836
2007-01-01 89.682
2008-01-01 92.831
2009-01-01 76.735
2010-01-01 72.933
2011-01-01 74.499
2012-01-01 79.676
2013-01-01 84.090
2014-01-01 86.258
2015-01-01 89.455
2016-01-01 89.358
2017-01-01 100.000
2018-01-01 104.438
2019-01-01 105.010
2020-01-01 103.432
2021-01-01 109.531

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