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Title:               Labor Compensation for Manufacturing: Cutlery and Handtool Manufacturing (NAICS 3322) in the United States
Series ID:           IPUEN3322L020000000
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 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  2093.254
1988-01-01  2262.646
1989-01-01  2341.971
1990-01-01  2412.659
1991-01-01  2408.141
1992-01-01  2473.809
1993-01-01  2634.968
1994-01-01  2692.503
1995-01-01  2948.349
1996-01-01  3115.331
1997-01-01  3183.208
1998-01-01  3285.828
1999-01-01  3308.922
2000-01-01  3356.015
2001-01-01  3128.686
2002-01-01  3070.440
2003-01-01  2925.772
2004-01-01  2786.397
2005-01-01  2760.102
2006-01-01  2778.999
2007-01-01  2938.065
2008-01-01  2865.878
2009-01-01  2318.911
2010-01-01  2274.687
2011-01-01  2241.476
2012-01-01  2279.613
2013-01-01  2310.501
2014-01-01  2323.845
2015-01-01  2358.138
2016-01-01  2351.096
2017-01-01  2375.228
2018-01-01  2396.472
2019-01-01  2399.195
2020-01-01  2288.552
2021-01-01  2452.792
2022-01-01  2560.932
2023-01-01  2531.955