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Labor Compensation for Private Nonfarm in New Jersey (IPUZNU110340000)

Observation:

2023: 135.227 (+ more)  Updated: May 31, 2024 2:54 PM CDT
2023:  135.227  
2022:  129.000  
2021:  119.212  
2020:  108.780  
2019:  108.361  

Units:

Index 2017=100,
Not Seasonally Adjusted

Frequency:

Annual
1Y | 5Y | 10Y | Max
to
Date:
  EDIT BAR 1
(a) Labor Compensation for Private Nonfarm in New Jersey, Index 2017=100, Not Seasonally Adjusted (IPUZNU110340000)
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.

Select a date that will equal 100 for your custom index:
  Enter date as YYYY-MM-DD

to

Write a custom formula to transform one or more series or combine two or more series.

You can begin by adding a series to combine with your existing series.

Select...

    Now create a custom formula to combine or transform the series.
    Need help? []

    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

    Finally, you can change the units of your new series.

    Select a date that will equal 100 for your custom index:
        Enter date as YYYY-MM-DD

      EDIT BAR 2
    (a) Labor Compensation for Private Nonfarm in New Jersey, Index 2017=100, Not Seasonally Adjusted (IPUZNU110340000)
    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.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD

    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Select...

      Now create a custom formula to combine or transform the series.
      Need help? []

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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       BAR 1: Labor Compensation for Private Nonfarm in New Jersey Vintage: 2024-04-25
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       BAR 2: Labor Compensation for Private Nonfarm in New Jersey Vintage: 2024-05-30
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      NOTES

      Title Release Dates

      2021-05-27 2024-05-30
       
      Source    

      2021-05-27 2024-05-30
       
      Release    

      2021-05-27 2024-05-30
       
      Units    

      2021-05-27 2022-01-26
      2022-01-27 2024-04-24
      2024-04-25 2024-05-30
       
      Frequency    

      2021-05-27 2024-05-30
       
      Seasonal Adjustment    

      2021-05-27 2024-05-30
       
      Notes    

      2021-05-27 2024-05-30

      RELEASE TABLES