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Title:               Labor Compensation for Private Nonfarm in the South Census Region
Series ID:           IPUZNU110982000
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   74.781
2008-01-01   75.820
2009-01-01   72.638
2010-01-01   73.799
2011-01-01   76.890
2012-01-01   81.380
2013-01-01   83.910
2014-01-01   88.483
2015-01-01   92.817
2016-01-01   95.406
2017-01-01  100.000
2018-01-01  105.853
2019-01-01  110.914
2020-01-01  111.507
2021-01-01  123.541
2022-01-01  135.088
2023-01-01  144.455