Source: U.S. Bureau of Labor Statistics
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
U.S. Bureau of Labor Statistics, Private Business Sector: Labor Compensation, Current dollars [MPU4900121], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MPU4900121, September 16, 2019.