Federal Reserve Economic Data: Your trusted data source since 1991

Labor Compensation for Private Nonfarm in Florida (IPUZNL021120000)


2023: 7.6 (+ more)   Updated: May 31, 2024 2:56 PM CDT
2023:  7.6  
2022:  10.2  
2021:  16.0  
2020:  0.5  
2019:  5.8  
View All


Percent Change from Year Ago,
Not Seasonally Adjusted




Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Percent Change from Year Ago, Not Seasonally Adjusted

Frequency:  Annual


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.

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Compensation for Private Nonfarm in Florida [IPUZNL021120000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNL021120000, .


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