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 IPUHN4445U110000000
Source U.S. Bureau of Labor Statistics
Release Industry Productivity
Seasonal Adjustment Not Seasonally Adjusted
Frequency Annual
Units Index 2017=100
Date Range 1987-01-01 to 2023-01-01
Last Updated 2024-04-26 9:14 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 37.931
1988-01-01 40.230
1989-01-01 42.625
1990-01-01 44.261
1991-01-01 44.152
1992-01-01 45.639
1993-01-01 47.324
1994-01-01 49.291
1995-01-01 51.339
1996-01-01 54.036
1997-01-01 56.911
1998-01-01 60.417
1999-01-01 64.248
2000-01-01 68.085
2001-01-01 69.589
2002-01-01 70.363
2003-01-01 72.452
2004-01-01 74.726
2005-01-01 77.978
2006-01-01 80.098
2007-01-01 82.787
2008-01-01 81.923
2009-01-01 77.897
2010-01-01 79.016
2011-01-01 81.570
2012-01-01 84.388
2013-01-01 85.780
2014-01-01 89.769
2015-01-01 94.588
2016-01-01 97.233
2017-01-01 100.000
2018-01-01 103.028
2019-01-01 105.518
2020-01-01 108.663
2021-01-01 122.203
2022-01-01 126.376
2023-01-01 129.021

Subscribe to the FRED newsletter


Follow us

Back to Top