Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in Indiana

Title Labor Compensation for Private Nonfarm in Indiana
Series ID IPUZNL020180000
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 2:54 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 131119.584
2008-01-01 130989.818
2009-01-01 121122.036
2010-01-01 124992.207
2011-01-01 130372.948
2012-01-01 136940.883
2013-01-01 141339.145
2014-01-01 147636.804
2015-01-01 155332.254
2016-01-01 159796.369
2017-01-01 166020.461
2018-01-01 173104.995
2019-01-01 179526.528
2020-01-01 180631.720
2021-01-01 199514.667
2022-01-01 216695.896
2023-01-01 224900.671

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