Federal Reserve Economic Data

Table Data - Labor Compensation for Retail Trade: Convenience Stores (NAICS 445120) in the United States

Title Labor Compensation for Retail Trade: Convenience Stores (NAICS 445120) in the United States
Series ID IPUHN445120L020000000
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 9:14 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 3237.292
1988-01-01 3168.272
1989-01-01 3536.911
1990-01-01 3608.261
1991-01-01 3586.524
1992-01-01 3466.116
1993-01-01 3301.810
1994-01-01 3166.678
1995-01-01 3058.398
1996-01-01 3102.615
1997-01-01 3068.581
1998-01-01 3086.763
1999-01-01 2994.338
2000-01-01 3338.310
2001-01-01 3472.378
2002-01-01 3799.235
2003-01-01 3729.098
2004-01-01 3450.728
2005-01-01 3796.751
2006-01-01 3825.775
2007-01-01 3873.322
2008-01-01 4057.250
2009-01-01 3854.812
2010-01-01 4003.518
2011-01-01 3941.328
2012-01-01 4089.797
2013-01-01 4007.681
2014-01-01 4399.182
2015-01-01 4723.997
2016-01-01 4782.327
2017-01-01 4946.188
2018-01-01 4555.980
2019-01-01 5111.309
2020-01-01 5062.539
2021-01-01 5442.769
2022-01-01 5747.738
2023-01-01 5763.758

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