Title:               Labor Compensation for Manufacturing: Petroleum and Coal Products Manufacturing (NAICS 324) in the United States
Series ID:           IPUEN324L020000000
Source:              U.S. Bureau of Labor Statistics
Release:             Industry Productivity
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Annual
Units:               Millions of Dollars
Date Range:          1987-01-01 to 2022-01-01
Last Updated:        2023-04-28 2:41 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   4975.325
1988-01-01   5196.030
1989-01-01   5358.681
1990-01-01   5705.103
1991-01-01   6081.253
1992-01-01   6325.580
1993-01-01   6638.471
1994-01-01   6771.795
1995-01-01   6849.667
1996-01-01   6832.151
1997-01-01   7131.930
1998-01-01   7227.018
1999-01-01   7117.917
2000-01-01   7105.005
2001-01-01   7531.001
2002-01-01   8111.463
2003-01-01   8757.423
2004-01-01   9580.345
2005-01-01  10362.430
2006-01-01  10692.652
2007-01-01  11172.176
2008-01-01  11178.087
2009-01-01  11419.411
2010-01-01  11481.963
2011-01-01  12071.495
2012-01-01  12825.161
2013-01-01  13041.340
2014-01-01  13262.543
2015-01-01  13855.660
2016-01-01  14359.478
2017-01-01  15277.682
2018-01-01  15568.771
2019-01-01  15657.763
2020-01-01  15874.001
2021-01-01  15355.663
2022-01-01  16834.020