Federal Reserve Economic Data

Table Data - Labor Compensation for Health Care and Social Assistance: Medical Laboratories (NAICS 621511) in the United States

Title Labor Compensation for Health Care and Social Assistance: Medical Laboratories (NAICS 621511) in the United States
Series ID IPURN621511L020000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 1994-01-01 to 2023-01-01
Last Updated 2024-04-26 9:12 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
1994-01-01 4426.762
1995-01-01 4489.435
1996-01-01 4650.120
1997-01-01 4713.947
1998-01-01 4893.031
1999-01-01 5264.783
2000-01-01 5700.523
2001-01-01 6262.540
2002-01-01 6572.480
2003-01-01 6782.209
2004-01-01 7510.006
2005-01-01 7651.481
2006-01-01 8168.999
2007-01-01 8771.943
2008-01-01 9197.132
2009-01-01 9664.514
2010-01-01 10521.218
2011-01-01 10936.833
2012-01-01 11741.453
2013-01-01 12639.198
2014-01-01 13080.338
2015-01-01 13978.150
2016-01-01 14261.607
2017-01-01 14992.162
2018-01-01 15604.562
2019-01-01 16697.350
2020-01-01 17179.064
2021-01-01 22694.350
2022-01-01 22375.645
2023-01-01 22543.256

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