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Title:               Labor Compensation for Private Nonfarm in Utah
Series ID:           IPUZNL020490000
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 2023-01-01
Last Updated:        2024-05-31 2:53 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   52846.084
2008-01-01   54131.393
2009-01-01   51545.085
2010-01-01   51661.280
2011-01-01   54301.497
2012-01-01   57308.073
2013-01-01   61321.421
2014-01-01   63744.011
2015-01-01   68005.847
2016-01-01   72303.757
2017-01-01   76879.535
2018-01-01   83587.952
2019-01-01   89773.480
2020-01-01   94838.908
2021-01-01  104372.980
2022-01-01  115661.349
2023-01-01  123608.803