Federal Reserve Economic Data

Table Data - Labor Compensation for Professional, Scientific, and Technical Services: Engineering Services (NAICS 54133) in the United States

Title Labor Compensation for Professional, Scientific, and Technical Services: Engineering Services (NAICS 54133) in the United States
Series ID IPUMN54133L020000000
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 2024-12-02 2:15 PM CST
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 22372.568
1988-01-01 24238.992
1989-01-01 27215.442
1990-01-01 30559.262
1991-01-01 31468.137
1992-01-01 33096.339
1993-01-01 33838.778
1994-01-01 34839.065
1995-01-01 37686.614
1996-01-01 39541.335
1997-01-01 42920.917
1998-01-01 46589.295
1999-01-01 50549.002
2000-01-01 56251.832
2001-01-01 58674.507
2002-01-01 57982.490
2003-01-01 58874.752
2004-01-01 63603.684
2005-01-01 70427.583
2006-01-01 78300.933
2007-01-01 86569.121
2008-01-01 90396.254
2009-01-01 87822.017
2010-01-01 89840.809
2011-01-01 92971.902
2012-01-01 103468.694
2013-01-01 104492.765
2014-01-01 105881.417
2015-01-01 108686.452
2016-01-01 108955.509
2017-01-01 114890.631
2018-01-01 120300.408
2019-01-01 125761.540
2020-01-01 128919.996
2021-01-01 134962.684
2022-01-01 146834.538
2023-01-01 159179.020

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