Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in the Northeast Census Region

Title Labor Compensation for Private Nonfarm in the Northeast Census Region
Series ID IPUZNL020981000
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 1508192.057
2008-01-01 1537688.107
2009-01-01 1455324.235
2010-01-01 1493964.491
2011-01-01 1552500.831
2012-01-01 1609712.205
2013-01-01 1638998.754
2014-01-01 1716117.591
2015-01-01 1800469.337
2016-01-01 1836202.414
2017-01-01 1913098.063
2018-01-01 1996330.150
2019-01-01 2085038.026
2020-01-01 2068078.645
2021-01-01 2251051.187
2022-01-01 2420016.603
2023-01-01 2544639.789

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