Federal Reserve Economic Data

Table Data - Labor Compensation for Manufacturing: Petroleum and Coal Products Manufacturing (NAICS 3241) in the United States

Title Labor Compensation for Manufacturing: Petroleum and Coal Products Manufacturing (NAICS 3241) in the United States
Series ID IPUEN3241U110000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1987-01-01 to 2024-01-01
Last Updated 2025-04-24 3:23 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
1987-01-01 32.566
1988-01-01 34.011
1989-01-01 35.075
1990-01-01 37.343
1991-01-01 39.805
1992-01-01 41.404
1993-01-01 43.452
1994-01-01 44.325
1995-01-01 44.834
1996-01-01 44.720
1997-01-01 46.682
1998-01-01 47.304
1999-01-01 46.590
2000-01-01 46.506
2001-01-01 49.294
2002-01-01 53.094
2003-01-01 57.322
2004-01-01 62.708
2005-01-01 67.827
2006-01-01 69.989
2007-01-01 73.127
2008-01-01 73.166
2009-01-01 74.746
2010-01-01 75.155
2011-01-01 79.014
2012-01-01 83.947
2013-01-01 85.362
2014-01-01 86.810
2015-01-01 90.692
2016-01-01 93.990
2017-01-01 100.000
2018-01-01 101.905
2019-01-01 102.488
2020-01-01 103.909
2021-01-01 100.515
2022-01-01 108.529
2023-01-01 116.039
2024-01-01 122.737

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