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Title:               Labor Compensation for Health Care and Social Assistance: Medical and Diagnostic Laboratories (NAICS 62151) in the United States
Series ID:           IPURN62151U110000000
Source:              U.S. Bureau of Labor Statistics
Release:             Industry Productivity
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Index 2017=100
Date Range:          1994-01-01 to 2023-01-01
Last Updated:        2024-04-26 9:11 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
1994-01-01   28.954
1995-01-01   29.091
1996-01-01   29.949
1997-01-01   30.716
1998-01-01   32.604
1999-01-01   35.852
2000-01-01   38.908
2001-01-01   43.527
2002-01-01   45.193
2003-01-01   47.461
2004-01-01   53.103
2005-01-01   55.005
2006-01-01   59.050
2007-01-01   64.589
2008-01-01   66.480
2009-01-01   70.230
2010-01-01   74.330
2011-01-01   76.929
2012-01-01   81.851
2013-01-01   86.222
2014-01-01   88.039
2015-01-01   93.103
2016-01-01   94.674
2017-01-01  100.000
2018-01-01  104.318
2019-01-01  112.281
2020-01-01  113.471
2021-01-01  146.018
2022-01-01  146.472
2023-01-01  148.782