Federal Reserve Economic Data

Table Data - Labor Compensation for Retail Trade: Used Merchandise Stores (NAICS 453310) in the United States

Title Labor Compensation for Retail Trade: Used Merchandise Stores (NAICS 453310) in the United States
Series ID IPUHN453310L020000000
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 2024-12-02 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 1837.970
1988-01-01 2036.062
1989-01-01 2257.551
1990-01-01 2254.632
1991-01-01 2446.077
1992-01-01 2392.713
1993-01-01 2712.042
1994-01-01 2666.159
1995-01-01 2926.666
1996-01-01 3145.663
1997-01-01 3436.775
1998-01-01 3475.406
1999-01-01 3891.042
2000-01-01 4232.643
2001-01-01 3957.553
2002-01-01 3548.145
2003-01-01 3312.325
2004-01-01 3503.909
2005-01-01 3708.928
2006-01-01 4088.423
2007-01-01 3739.601
2008-01-01 3675.606
2009-01-01 4051.261
2010-01-01 4096.670
2011-01-01 4208.652
2012-01-01 5046.330
2013-01-01 4860.659
2014-01-01 5095.414
2015-01-01 5333.744
2016-01-01 5426.234
2017-01-01 5618.706
2018-01-01 5692.505
2019-01-01 5981.777
2020-01-01 5478.034
2021-01-01 6920.898
2022-01-01 7262.334
2023-01-01 7676.955

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