Federal Reserve Economic Data

Table Data - Labor Compensation for Private Nonfarm in Rhode Island

Title Labor Compensation for Private Nonfarm in Rhode Island
Series ID IPUZNU110440000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
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 80.901
2008-01-01 81.837
2009-01-01 77.861
2010-01-01 80.638
2011-01-01 81.827
2012-01-01 84.166
2013-01-01 87.361
2014-01-01 92.502
2015-01-01 96.305
2016-01-01 97.299
2017-01-01 100.000
2018-01-01 103.453
2019-01-01 106.853
2020-01-01 105.236
2021-01-01 115.013
2022-01-01 125.247
2023-01-01 132.065
2024-01-01 134.989

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