Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Communications Equipment Manufacturing (NAICS 3342) in the United States

Title Labor Compensation for Manufacturing: Communications Equipment Manufacturing (NAICS 3342) in the United States
Series ID IPUEN3342L020000000
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 2023-01-01
Last Updated 2024-04-26 9:16 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 8951.174
1988-01-01 9721.117
1989-01-01 10280.685
1990-01-01 10428.808
1991-01-01 10320.818
1992-01-01 10995.381
1993-01-01 11049.326
1994-01-01 11600.387
1995-01-01 12095.300
1996-01-01 13672.317
1997-01-01 16096.441
1998-01-01 16098.242
1999-01-01 16542.113
2000-01-01 19219.449
2001-01-01 19946.155
2002-01-01 12117.893
2003-01-01 10884.292
2004-01-01 10329.587
2005-01-01 9447.800
2006-01-01 10116.719
2007-01-01 12483.579
2008-01-01 11609.550
2009-01-01 10335.924
2010-01-01 10315.935
2011-01-01 11191.622
2012-01-01 12104.788
2013-01-01 12674.430
2014-01-01 10866.375
2015-01-01 11421.346
2016-01-01 11294.773
2017-01-01 10001.644
2018-01-01 10097.808
2019-01-01 10717.460
2020-01-01 10128.375
2021-01-01 10141.934
2022-01-01 10445.725
2023-01-01 10645.103

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