Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in North Carolina

Title Labor Compensation for Private Nonfarm in North Carolina
Series ID IPUZNU110370000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 2007-01-01 to 2023-01-01
Last Updated 2024-05-31 2:56 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 75.920
2008-01-01 76.137
2009-01-01 71.883
2010-01-01 73.396
2011-01-01 76.107
2012-01-01 80.525
2013-01-01 81.778
2014-01-01 86.698
2015-01-01 92.059
2016-01-01 95.842
2017-01-01 100.000
2018-01-01 106.061
2019-01-01 112.738
2020-01-01 115.640
2021-01-01 129.629
2022-01-01 141.136
2023-01-01 151.066

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