Table Data - Labor Compensation for Manufacturing: Farm Machinery and Equipment Manufacturing (NAICS 333111) in the United States

Title Labor Compensation for Manufacturing: Farm Machinery and Equipment Manufacturing (NAICS 333111) in the United States
Series ID IPUEN333111L020000000
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 2021-01-01
Last Updated 2023-03-06 12:21 PM CST
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 1784.480
1988-01-01 2042.456
1989-01-01 2245.809
1990-01-01 2389.229
1991-01-01 2309.752
1992-01-01 2326.489
1993-01-01 2465.199
1994-01-01 2625.356
1995-01-01 2676.871
1996-01-01 2871.806
1997-01-01 3180.194
1998-01-01 3190.717
1999-01-01 2846.950
2000-01-01 2875.213
2001-01-01 2819.489
2002-01-01 2787.862
2003-01-01 2867.105
2004-01-01 2939.683
2005-01-01 2979.464
2006-01-01 2955.509
2007-01-01 3270.997
2008-01-01 3571.882
2009-01-01 3268.292
2010-01-01 3258.256
2011-01-01 3896.889
2012-01-01 4483.080
2013-01-01 4701.567
2014-01-01 4815.880
2015-01-01 4520.983
2016-01-01 4201.574
2017-01-01 4417.280
2018-01-01 4498.722
2019-01-01 4786.861
2020-01-01 4767.358
2021-01-01 5110.576

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