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Title:               Labor Compensation for Private Nonfarm in Tennessee
Series ID:           IPUZNL020470000
Source:              U.S. Bureau of Labor Statistics
Release:             Industry Productivity
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Millions of Dollars
Date Range:          2007-01-01 to 2022-01-01
Last Updated:        2023-05-25 1:21 PM 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
2007-01-01  127488.027
2008-01-01  129120.596
2009-01-01  119199.206
2010-01-01  121734.372
2011-01-01  126814.791
2012-01-01  133551.238
2013-01-01  136896.733
2014-01-01  142445.712
2015-01-01  150023.019
2016-01-01  157018.278
2017-01-01  164637.226
2018-01-01  173985.493
2019-01-01  180795.175
2020-01-01  185792.152
2021-01-01  206244.965
2022-01-01  229203.757