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 IPURN621511U110000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
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 29.528
1995-01-01 29.946
1996-01-01 31.018
1997-01-01 31.444
1998-01-01 32.638
1999-01-01 35.118
2000-01-01 38.025
2001-01-01 41.773
2002-01-01 43.841
2003-01-01 45.240
2004-01-01 50.094
2005-01-01 51.038
2006-01-01 54.490
2007-01-01 58.511
2008-01-01 61.346
2009-01-01 64.463
2010-01-01 70.178
2011-01-01 72.950
2012-01-01 78.317
2013-01-01 84.305
2014-01-01 87.248
2015-01-01 93.236
2016-01-01 95.127
2017-01-01 100.000
2018-01-01 104.085
2019-01-01 111.374
2020-01-01 114.587
2021-01-01 151.377
2022-01-01 148.983
2023-01-01 148.723
2024-01-01 150.462

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