Federal Reserve Economic Data: Your trusted data source since 1991

Labor Compensation for Private Nonfarm in Montana (IPUZNU110300000)

Observation:

2023: 157.383 (+ more)   Updated: May 31, 2024 2:56 PM CDT
2023:  157.383  
2022:  144.588  
2021:  130.916  
2020:  115.610  
2019:  109.940  
View All

Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2017=100, Not Seasonally Adjusted

Frequency:  Annual

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.

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Compensation for Private Nonfarm in Montana [IPUZNU110300000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUZNU110300000, July 11, 2024.

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