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Table Data - Labor Compensation for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
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Title
Labor Compensation for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
Series ID
IPUGN4245L020000000
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 9:08 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.
