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Title:               Labor Compensation for Manufacturing: Plastics and Rubber Products Manufacturing (NAICS 326) in the United States
Series ID:           IPUEN326L020000000
Source:              U.S. Bureau of Labor Statistics
Release:             Industry Productivity
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Millions of Dollars
Date Range:          1987-01-01 to 2023-01-01
Last Updated:        2024-04-26 9:09 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  21934.751
1988-01-01  23619.889
1989-01-01  25330.567
1990-01-01  26387.387
1991-01-01  26997.943
1992-01-01  29155.641
1993-01-01  30865.090
1994-01-01  32543.453
1995-01-01  34011.495
1996-01-01  35313.870
1997-01-01  37224.122
1998-01-01  38733.856
1999-01-01  40675.049
2000-01-01  42078.837
2001-01-01  40787.792
2002-01-01  41219.831
2003-01-01  41360.944
2004-01-01  41289.488
2005-01-01  42216.845
2006-01-01  42356.450
2007-01-01  43099.932
2008-01-01  40916.403
2009-01-01  35467.344
2010-01-01  37182.320
2011-01-01  38198.074
2012-01-01  40381.347
2013-01-01  41510.449
2014-01-01  42932.157
2015-01-01  44705.372
2016-01-01  45865.038
2017-01-01  47365.015
2018-01-01  49519.378
2019-01-01  50676.746
2020-01-01  51010.224
2021-01-01  54166.191
2022-01-01  58604.601
2023-01-01  59930.464