Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in Georgia

Title Labor Compensation for Private Nonfarm in Georgia
Series ID IPUZNL020130000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 2007-01-01 to 2023-01-01
Last Updated 2024-05-31 2:53 PM 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
2007-01-01 196882.846
2008-01-01 196252.133
2009-01-01 188410.457
2010-01-01 187407.200
2011-01-01 196357.081
2012-01-01 206107.354
2013-01-01 212118.039
2014-01-01 226474.951
2015-01-01 238152.114
2016-01-01 251183.924
2017-01-01 265653.976
2018-01-01 276322.602
2019-01-01 290105.444
2020-01-01 291973.734
2021-01-01 328630.918
2022-01-01 361330.461
2023-01-01 381142.249

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