Federal Reserve Economic Data

Table Data - Labor Compensation for Retail Trade: General Merchandise Stores (NAICS 452) in the United States

Title Labor Compensation for Retail Trade: General Merchandise Stores (NAICS 452) in the United States
Series ID IPUHN452U110000000
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 2024-12-02 2:17 PM CST
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 35.976
1988-01-01 37.667
1989-01-01 39.885
1990-01-01 41.726
1991-01-01 41.914
1992-01-01 42.924
1993-01-01 42.913
1994-01-01 44.030
1995-01-01 45.981
1996-01-01 47.183
1997-01-01 49.583
1998-01-01 52.058
1999-01-01 54.631
2000-01-01 59.146
2001-01-01 62.152
2002-01-01 64.738
2003-01-01 67.426
2004-01-01 70.202
2005-01-01 74.112
2006-01-01 77.163
2007-01-01 81.273
2008-01-01 82.689
2009-01-01 83.769
2010-01-01 84.818
2011-01-01 88.051
2012-01-01 90.388
2013-01-01 90.378
2014-01-01 92.909
2015-01-01 95.523
2016-01-01 98.720
2017-01-01 100.000
2018-01-01 102.516
2019-01-01 102.616
2020-01-01 106.545
2021-01-01 116.819
2022-01-01 118.181
2023-01-01 122.145

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