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Title:               Labor Compensation for Manufacturing: Electric Lighting Equipment Manufacturing (NAICS 3351) in the United States
Series ID:           IPUEN3351L020000000
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 9:15 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  2166.960
1988-01-01  2257.908
1989-01-01  2293.422
1990-01-01  2318.372
1991-01-01  2263.341
1992-01-01  2295.132
1993-01-01  2380.245
1994-01-01  2446.142
1995-01-01  2548.258
1996-01-01  2566.266
1997-01-01  2783.174
1998-01-01  2747.156
1999-01-01  2958.430
2000-01-01  2935.492
2001-01-01  2798.868
2002-01-01  2804.758
2003-01-01  2680.601
2004-01-01  2846.340
2005-01-01  2916.997
2006-01-01  2978.196
2007-01-01  3118.309
2008-01-01  3124.870
2009-01-01  2685.267
2010-01-01  2669.821
2011-01-01  2666.885
2012-01-01  2770.867
2013-01-01  2760.132
2014-01-01  2692.851
2015-01-01  2743.842
2016-01-01  2869.867
2017-01-01  3090.775
2018-01-01  3206.188
2019-01-01  3226.754
2020-01-01  2934.278
2021-01-01  3179.335
2022-01-01  3165.598
2023-01-01  3185.373