Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Semiconductor and Other Electronic Component Manufacturing (NAICS 3344) in the United States

Title Labor Compensation for Manufacturing: Semiconductor and Other Electronic Component Manufacturing (NAICS 3344) in the United States
Series ID IPUEN3344L020000000
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 16141.469
1988-01-01 17455.049
1989-01-01 18296.990
1990-01-01 18639.754
1991-01-01 19230.655
1992-01-01 20182.945
1993-01-01 20964.404
1994-01-01 22152.413
1995-01-01 24126.287
1996-01-01 24750.934
1997-01-01 27233.697
1998-01-01 27495.552
1999-01-01 29364.384
2000-01-01 32237.076
2001-01-01 29504.674
2002-01-01 24471.922
2003-01-01 22826.837
2004-01-01 21960.697
2005-01-01 22488.291
2006-01-01 23909.953
2007-01-01 25999.976
2008-01-01 24315.020
2009-01-01 19415.820
2010-01-01 20455.568
2011-01-01 20881.827
2012-01-01 22407.876
2013-01-01 22921.779
2014-01-01 23404.309
2015-01-01 23722.112
2016-01-01 23423.082
2017-01-01 26259.495
2018-01-01 26892.915
2019-01-01 27028.746
2020-01-01 26888.547
2021-01-01 27587.316
2022-01-01 28981.801
2023-01-01 30885.142

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