Federal Reserve Economic Data

Table Data - Labor Compensation for Retail Trade: Department Stores (NAICS 45221) in the United States

Title Labor Compensation for Retail Trade: Department Stores (NAICS 45221) in the United States
Series ID IPUHN45221L020000000
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 9:13 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 20548.616
1988-01-01 20882.509
1989-01-01 22268.595
1990-01-01 23769.445
1991-01-01 23352.977
1992-01-01 25402.879
1993-01-01 25760.278
1994-01-01 26313.744
1995-01-01 27700.372
1996-01-01 28530.477
1997-01-01 29626.076
1998-01-01 30684.045
1999-01-01 32057.033
2000-01-01 34189.285
2001-01-01 34986.286
2002-01-01 35200.925
2003-01-01 34191.698
2004-01-01 35207.982
2005-01-01 35561.382
2006-01-01 35795.588
2007-01-01 37120.841
2008-01-01 35923.157
2009-01-01 35573.177
2010-01-01 36274.466
2011-01-01 37442.678
2012-01-01 37535.412
2013-01-01 32795.193
2014-01-01 33090.395
2015-01-01 33835.213
2016-01-01 33120.937
2017-01-01 31056.489
2018-01-01 30998.294
2019-01-01 30143.998
2020-01-01 26542.177
2021-01-01 30353.912
2022-01-01 29756.710
2023-01-01 30121.412

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