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: Machinery Manufacturing (NAICS 333) in the United States Series ID: IPUEN333U110000000 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 9:16 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 53.353 1988-01-01 57.112 1989-01-01 60.416 1990-01-01 61.768 1991-01-01 60.736 1992-01-01 62.685 1993-01-01 64.974 1994-01-01 68.384 1995-01-01 73.031 1996-01-01 75.828 1997-01-01 80.673 1998-01-01 82.253 1999-01-01 82.259 2000-01-01 84.497 2001-01-01 80.182 2002-01-01 75.442 2003-01-01 74.229 2004-01-01 74.468 2005-01-01 77.714 2006-01-01 81.299 2007-01-01 87.727 2008-01-01 88.394 2009-01-01 76.421 2010-01-01 78.222 2011-01-01 84.466 2012-01-01 93.093 2013-01-01 94.252 2014-01-01 94.844 2015-01-01 97.455 2016-01-01 94.103 2017-01-01 100.000 2018-01-01 104.972 2019-01-01 106.416 2020-01-01 102.075 2021-01-01 106.536 2022-01-01 116.569 2023-01-01 124.053