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Title:               Labor Compensation for Manufacturing: Leather and Hide Tanning and Finishing (NAICS 3161) in the United States
Series ID:           IPUEN3161U110000000
Source:              U.S. Bureau of Labor Statistics
Release:             Industry Productivity
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Index 2017=100
Date Range:          1987-01-01 to 2023-01-01
Last Updated:        2024-04-26 9:19 AM 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
1987-01-01  202.962
1988-01-01  219.699
1989-01-01  192.474
1990-01-01  196.624
1991-01-01  197.874
1992-01-01  300.158
1993-01-01  307.570
1994-01-01  290.361
1995-01-01  272.790
1996-01-01  273.783
1997-01-01  278.514
1998-01-01  293.409
1999-01-01  308.534
2000-01-01  301.285
2001-01-01  259.497
2002-01-01  193.077
2003-01-01  182.191
2004-01-01  163.935
2005-01-01  159.925
2006-01-01  128.230
2007-01-01  117.319
2008-01-01  115.411
2009-01-01   92.900
2010-01-01   89.152
2011-01-01   91.772
2012-01-01   93.435
2013-01-01   94.319
2014-01-01   98.802
2015-01-01   97.574
2016-01-01  101.560
2017-01-01  100.000
2018-01-01  100.117
2019-01-01  108.710
2020-01-01  105.714
2021-01-01  117.185
2022-01-01  124.657
2023-01-01  123.496