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 IPUZNU110981000
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 2:54 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 78.835
2008-01-01 80.377
2009-01-01 76.072
2010-01-01 78.091
2011-01-01 81.151
2012-01-01 84.142
2013-01-01 85.672
2014-01-01 89.704
2015-01-01 94.113
2016-01-01 95.981
2017-01-01 100.000
2018-01-01 104.351
2019-01-01 108.988
2020-01-01 108.101
2021-01-01 117.665
2022-01-01 126.497
2023-01-01 133.011

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