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 IPUHN45221U110000000
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 9:13 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 66.165
1988-01-01 67.240
1989-01-01 71.704
1990-01-01 76.536
1991-01-01 75.195
1992-01-01 81.796
1993-01-01 82.947
1994-01-01 84.729
1995-01-01 89.194
1996-01-01 91.866
1997-01-01 95.394
1998-01-01 98.801
1999-01-01 103.222
2000-01-01 110.087
2001-01-01 112.654
2002-01-01 113.345
2003-01-01 110.095
2004-01-01 113.368
2005-01-01 114.505
2006-01-01 115.260
2007-01-01 119.527
2008-01-01 115.670
2009-01-01 114.543
2010-01-01 116.802
2011-01-01 120.563
2012-01-01 120.862
2013-01-01 105.599
2014-01-01 106.549
2015-01-01 108.947
2016-01-01 106.647
2017-01-01 100.000
2018-01-01 99.813
2019-01-01 97.062
2020-01-01 85.464
2021-01-01 97.738
2022-01-01 95.815
2023-01-01 96.989

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