NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Labor Compensation for Manufacturing: Machine Shops (NAICS 332710) in the United States Series ID: IPUEN332710U110000000 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 2021-01-01 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 38.421 1988-01-01 39.723 1989-01-01 46.874 1990-01-01 49.666 1991-01-01 49.843 1992-01-01 53.688 1993-01-01 56.057 1994-01-01 62.152 1995-01-01 73.256 1996-01-01 77.756 1997-01-01 75.798 1998-01-01 78.811 1999-01-01 77.733 2000-01-01 82.439 2001-01-01 80.566 2002-01-01 70.736 2003-01-01 70.267 2004-01-01 74.933 2005-01-01 80.231 2006-01-01 88.706 2007-01-01 94.014 2008-01-01 94.894 2009-01-01 77.441 2010-01-01 83.674 2011-01-01 91.611 2012-01-01 96.181 2013-01-01 97.738 2014-01-01 103.165 2015-01-01 101.175 2016-01-01 97.731 2017-01-01 100.000 2018-01-01 103.697 2019-01-01 104.694 2020-01-01 100.208 2021-01-01 102.699