Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in Illinois

Title Labor Compensation for Private Nonfarm in Illinois
Series ID IPUZNL020170000
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 3:09 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 329026.870
2008-01-01 330703.252
2009-01-01 311345.361
2010-01-01 315040.992
2011-01-01 329211.561
2012-01-01 344020.692
2013-01-01 349741.485
2014-01-01 362645.777
2015-01-01 382527.132
2016-01-01 387233.955
2017-01-01 402656.584
2018-01-01 422645.357
2019-01-01 433895.258
2020-01-01 428074.626
2021-01-01 462545.424
2022-01-01 496665.261
2023-01-01 520559.263
2024-01-01 540161.907

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