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Title:               Labor Compensation for Private Nonfarm in North Carolina
Series ID:           IPUZNU110370000
Source:              U.S. Bureau of Labor Statistics
Release:             Industry Productivity
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Index 2017=100
Date Range:          2007-01-01 to 2023-01-01
Last Updated:        2024-05-31 2:56 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   75.920
2008-01-01   76.137
2009-01-01   71.883
2010-01-01   73.396
2011-01-01   76.107
2012-01-01   80.525
2013-01-01   81.778
2014-01-01   86.698
2015-01-01   92.059
2016-01-01   95.842
2017-01-01  100.000
2018-01-01  106.061
2019-01-01  112.738
2020-01-01  115.640
2021-01-01  129.629
2022-01-01  141.136
2023-01-01  151.066