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Title:               Labor Compensation for Manufacturing: Agriculture, Construction, and Mining Machinery (NAICS 3331) in the United States
Series ID:           IPUEN3331L020000000
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 9:09 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   6491.557
1988-01-01   7135.935
1989-01-01   7535.002
1990-01-01   7913.134
1991-01-01   7625.153
1992-01-01   7681.146
1993-01-01   7857.341
1994-01-01   8219.547
1995-01-01   8472.470
1996-01-01   9132.674
1997-01-01  10069.040
1998-01-01  10278.691
1999-01-01   9581.725
2000-01-01   9530.640
2001-01-01   9310.171
2002-01-01   9195.192
2003-01-01   9302.346
2004-01-01   9614.712
2005-01-01  10029.885
2006-01-01  10823.099
2007-01-01  12846.669
2008-01-01  13621.416
2009-01-01  11813.025
2010-01-01  11740.452
2011-01-01  13341.229
2012-01-01  15779.206
2013-01-01  15759.421
2014-01-01  15884.359
2015-01-01  15163.346
2016-01-01  13634.106
2017-01-01  14192.440
2018-01-01  15192.848
2019-01-01  15528.264
2020-01-01  14623.564
2021-01-01  15219.278
2022-01-01  17506.297
2023-01-01  19293.768