NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024. Title: Labor Compensation for Manufacturing: Iron and Steel Mills and Ferroalloy Production (NAICS 331110) in the United States Series ID: IPUEN331110U110000000 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 2023-01-01 Last Updated: 2024-04-26 9:17 AM 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 93.943 1988-01-01 103.146 1989-01-01 104.515 1990-01-01 107.599 1991-01-01 103.696 1992-01-01 105.093 1993-01-01 105.984 1994-01-01 111.896 1995-01-01 113.193 1996-01-01 111.965 1997-01-01 111.173 1998-01-01 110.223 1999-01-01 105.338 2000-01-01 109.192 2001-01-01 99.141 2002-01-01 93.155 2003-01-01 88.673 2004-01-01 95.815 2005-01-01 94.558 2006-01-01 96.289 2007-01-01 99.946 2008-01-01 107.349 2009-01-01 87.302 2010-01-01 97.131 2011-01-01 108.535 2012-01-01 112.405 2013-01-01 111.294 2014-01-01 110.788 2015-01-01 108.198 2016-01-01 101.892 2017-01-01 100.000 2018-01-01 105.434 2019-01-01 104.462 2020-01-01 92.808 2021-01-01 95.986 2022-01-01 107.281 2023-01-01 110.874