Federal Reserve Economic Data

Table Data - Labor Compensation for Retail Trade: Retail Trade (NAICS 44,45) in the United States

Title Labor Compensation for Retail Trade: Retail Trade (NAICS 44,45) in the United States
Series ID IPUHN4445L020000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Millions of Dollars
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-04-26 9:08 AM CDT
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.
DATE VALUE
1987-01-01 235920.009
1988-01-01 250216.454
1989-01-01 265113.979
1990-01-01 275288.452
1991-01-01 274610.816
1992-01-01 283858.609
1993-01-01 294340.542
1994-01-01 306576.195
1995-01-01 319310.578
1996-01-01 336090.889
1997-01-01 353971.033
1998-01-01 375774.697
1999-01-01 399605.724
2000-01-01 423471.469
2001-01-01 432822.255
2002-01-01 437639.214
2003-01-01 450632.807
2004-01-01 464775.976
2005-01-01 485002.821
2006-01-01 498188.059
2007-01-01 514910.361
2008-01-01 509537.940
2009-01-01 484494.018
2010-01-01 491453.829
2011-01-01 507338.436
2012-01-01 524869.726
2013-01-01 533528.595
2014-01-01 558337.119
2015-01-01 588308.869
2016-01-01 604759.312
2017-01-01 621970.560
2018-01-01 640803.540
2019-01-01 656292.121
2020-01-01 675854.343
2021-01-01 760065.795
2022-01-01 786020.155
2023-01-01 802471.299

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