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: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (NAICS 3345) in the United States Series ID: IPUEN3345U110000000 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 9:16 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 57.345 1988-01-01 60.462 1989-01-01 63.226 1990-01-01 64.997 1991-01-01 64.853 1992-01-01 62.960 1993-01-01 60.940 1994-01-01 59.793 1995-01-01 62.571 1996-01-01 62.991 1997-01-01 66.099 1998-01-01 68.035 1999-01-01 65.864 2000-01-01 69.354 2001-01-01 70.897 2002-01-01 67.707 2003-01-01 69.204 2004-01-01 72.878 2005-01-01 72.876 2006-01-01 79.653 2007-01-01 84.457 2008-01-01 83.776 2009-01-01 82.176 2010-01-01 84.608 2011-01-01 87.319 2012-01-01 91.364 2013-01-01 89.901 2014-01-01 90.028 2015-01-01 92.152 2016-01-01 92.213 2017-01-01 100.000 2018-01-01 98.250 2019-01-01 101.810 2020-01-01 102.653 2021-01-01 103.752 2022-01-01 108.142 2023-01-01 114.041