Federal Reserve Economic Data

Private Business Sector: Labor Compensation (MPU4900121)

2024: 12,260.180
Updated: Dec 19, 2025 4:27 PM CST
Next Release Date: Not Available
2024:  12,260.180  
2023:  11,625.480  
2022:  10,985.180  
2021:  9,981.615  
2020:  9,099.444  
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Units:

Billions of Current Dollars,
Not Seasonally Adjusted

Frequency:

Annual

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Notes

Source: U.S. Bureau of Labor Statistics  

Release: Total Factor Productivity for Major Industries  

Units:  Billions of Current Dollars, Not Seasonally Adjusted

Frequency:  Annual

Notes:

Monetary and non-monetary payments to or on behalf of individuals for labor services used to produce output. Compensation may include salaries, wages, bonuses, contributions to benefits plans, and other forms of payment.

For more information, please go to https://www.bls.gov/mfp/

Source Indicator: MPU4900121

Suggested Citation:

U.S. Bureau of Labor Statistics, Private Business Sector: Labor Compensation [MPU4900121], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900121, .

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