Federal Reserve Economic Data

Table Data - Labor Compensation for Professional, Scientific, and Technical Services: Tax Preparation Services (NAICS 541213) in the United States

Title Labor Compensation for Professional, Scientific, and Technical Services: Tax Preparation Services (NAICS 541213) in the United States
Series ID IPUMN541213L020000000
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 1504.510
1988-01-01 1843.396
1989-01-01 1790.215
1990-01-01 2052.546
1991-01-01 2364.085
1992-01-01 3257.403
1993-01-01 3287.431
1994-01-01 2255.776
1995-01-01 2170.346
1996-01-01 2115.239
1997-01-01 2422.562
1998-01-01 2607.631
1999-01-01 2487.052
2000-01-01 2613.079
2001-01-01 2489.670
2002-01-01 2746.006
2003-01-01 2757.510
2004-01-01 3136.722
2005-01-01 3152.065
2006-01-01 3398.711
2007-01-01 3955.463
2008-01-01 4091.311
2009-01-01 3962.437
2010-01-01 3961.619
2011-01-01 4205.330
2012-01-01 4597.310
2013-01-01 4627.880
2014-01-01 4612.524
2015-01-01 4850.249
2016-01-01 5301.384
2017-01-01 5390.835
2018-01-01 5608.020
2019-01-01 6000.481
2020-01-01 6199.092
2021-01-01 6638.715
2022-01-01 7511.360
2023-01-01 7837.901

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