Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in North Dakota

Title Labor Compensation for Private Nonfarm in North Dakota
Series ID IPUZNL020380000
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 12385.562
2008-01-01 13664.955
2009-01-01 13691.245
2010-01-01 14896.540
2011-01-01 17550.141
2012-01-01 20988.771
2013-01-01 22668.100
2014-01-01 25186.461
2015-01-01 24385.019
2016-01-01 22389.722
2017-01-01 23066.079
2018-01-01 24258.361
2019-01-01 25117.867
2020-01-01 23879.314
2021-01-01 24720.222
2022-01-01 26915.196
2023-01-01 29435.552
2024-01-01 30673.911

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