Federal Reserve Economic Data

Table Data - Labor Compensation for Finance and Insurance: Commercial Banking (NAICS 52211) in the United States

Title Labor Compensation for Finance and Insurance: Commercial Banking (NAICS 52211) in the United States
Series ID IPUKN52211U110000000
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 2024-06-27 9:37 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 22.908
1988-01-01 23.606
1989-01-01 24.928
1990-01-01 26.246
1991-01-01 26.928
1992-01-01 27.792
1993-01-01 29.510
1994-01-01 30.737
1995-01-01 32.175
1996-01-01 34.006
1997-01-01 36.410
1998-01-01 40.128
1999-01-01 43.329
2000-01-01 44.907
2001-01-01 46.953
2002-01-01 50.893
2003-01-01 54.651
2004-01-01 56.230
2005-01-01 62.338
2006-01-01 67.638
2007-01-01 71.645
2008-01-01 69.938
2009-01-01 76.625
2010-01-01 79.379
2011-01-01 83.500
2012-01-01 87.944
2013-01-01 88.978
2014-01-01 90.117
2015-01-01 91.832
2016-01-01 94.777
2017-01-01 100.000
2018-01-01 104.043
2019-01-01 106.826
2020-01-01 113.612
2021-01-01 120.726
2022-01-01 125.728
2023-01-01 132.811

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