Federal Reserve Economic Data

Table Data - Labor Compensation for Health Care and Social Assistance: Medical Laboratories (NAICS 621511) in the United States

Title Labor Compensation for Health Care and Social Assistance: Medical Laboratories (NAICS 621511) in the United States
Series ID IPURN621511L020000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 1994-01-01 to 2024-01-01
Last Updated 2025-04-24 3:25 PM 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
1994-01-01 4426.907
1995-01-01 4489.552
1996-01-01 4650.257
1997-01-01 4714.067
1998-01-01 4893.165
1999-01-01 5264.925
2000-01-01 5700.730
2001-01-01 6262.749
2002-01-01 6572.654
2003-01-01 6782.392
2004-01-01 7510.215
2005-01-01 7651.737
2006-01-01 8169.247
2007-01-01 8772.035
2008-01-01 9197.161
2009-01-01 9664.464
2010-01-01 10521.175
2011-01-01 10936.833
2012-01-01 11741.453
2013-01-01 12639.198
2014-01-01 13080.338
2015-01-01 13978.150
2016-01-01 14261.607
2017-01-01 14992.162
2018-01-01 15604.562
2019-01-01 16697.350
2020-01-01 17179.064
2021-01-01 22694.669
2022-01-01 22335.760
2023-01-01 22296.796
2024-01-01 22557.479

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