Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in Pennsylvania

Title Labor Compensation for Private Nonfarm in Pennsylvania
Series ID IPUZNL020420000
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 289010.836
2008-01-01 295096.495
2009-01-01 287690.305
2010-01-01 292540.875
2011-01-01 304925.906
2012-01-01 315476.837
2013-01-01 320963.218
2014-01-01 332729.293
2015-01-01 347820.750
2016-01-01 352408.340
2017-01-01 366290.957
2018-01-01 385344.916
2019-01-01 402775.885
2020-01-01 396957.416
2021-01-01 425928.224
2022-01-01 456161.038
2023-01-01 480787.297

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