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 IPUEN3342U110000000
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 9:16 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 89.497
1988-01-01 97.195
1989-01-01 102.790
1990-01-01 104.271
1991-01-01 103.191
1992-01-01 109.936
1993-01-01 110.475
1994-01-01 115.985
1995-01-01 120.933
1996-01-01 136.701
1997-01-01 160.938
1998-01-01 160.956
1999-01-01 165.394
2000-01-01 192.163
2001-01-01 199.429
2002-01-01 121.159
2003-01-01 108.825
2004-01-01 103.279
2005-01-01 94.462
2006-01-01 101.151
2007-01-01 124.815
2008-01-01 116.076
2009-01-01 103.342
2010-01-01 103.142
2011-01-01 111.898
2012-01-01 121.028
2013-01-01 126.723
2014-01-01 108.646
2015-01-01 114.195
2016-01-01 112.929
2017-01-01 100.000
2018-01-01 100.961
2019-01-01 107.157
2020-01-01 101.267
2021-01-01 101.403
2022-01-01 104.440
2023-01-01 106.434

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