Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in Connecticut

Title Labor Compensation for Private Nonfarm in Connecticut
Series ID IPUZNL020090000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 2007-01-01 to 2024-01-01
Last Updated 2025-06-03 3:13 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
2007-01-01 113321.933
2008-01-01 113128.999
2009-01-01 107692.287
2010-01-01 110005.321
2011-01-01 113748.527
2012-01-01 117446.596
2013-01-01 117107.918
2014-01-01 121574.773
2015-01-01 125097.250
2016-01-01 128267.083
2017-01-01 126825.262
2018-01-01 131215.205
2019-01-01 134687.826
2020-01-01 136073.174
2021-01-01 145348.949
2022-01-01 155629.763
2023-01-01 162209.813
2024-01-01 171384.835

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