Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in the Northeast Census Region

Title Labor Compensation for Private Nonfarm in the Northeast Census Region
Series ID IPUZNL020981000
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 3:10 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 1508192.064
2008-01-01 1537688.545
2009-01-01 1455324.232
2010-01-01 1493964.937
2011-01-01 1552500.428
2012-01-01 1609711.810
2013-01-01 1638998.399
2014-01-01 1716117.604
2015-01-01 1800468.961
2016-01-01 1836202.452
2017-01-01 1913098.087
2018-01-01 1996330.157
2019-01-01 2085080.985
2020-01-01 2068334.603
2021-01-01 2250869.041
2022-01-01 2415256.986
2023-01-01 2526006.371
2024-01-01 2663257.923

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