Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in South Dakota

Title Labor Compensation for Private Nonfarm in South Dakota
Series ID IPUZNU110460000
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 69.159
2008-01-01 71.884
2009-01-01 70.926
2010-01-01 73.458
2011-01-01 77.909
2012-01-01 81.611
2013-01-01 83.534
2014-01-01 87.881
2015-01-01 93.070
2016-01-01 96.318
2017-01-01 100.000
2018-01-01 104.108
2019-01-01 109.238
2020-01-01 115.288
2021-01-01 125.622
2022-01-01 133.345
2023-01-01 140.611

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