Federal Reserve Economic Data

Table Data - Labor Compensation for Accommodation and Food Services: Hotels (Except Casino Hotels) and Motels (NAICS 721110) in the United States

Title Labor Compensation for Accommodation and Food Services: Hotels (Except Casino Hotels) and Motels (NAICS 721110) in the United States
Series ID IPUTN721110U110000000
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 9:06 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 25.191
1988-01-01 28.639
1989-01-01 31.310
1990-01-01 33.650
1991-01-01 34.580
1992-01-01 35.130
1993-01-01 36.419
1994-01-01 37.593
1995-01-01 39.397
1996-01-01 42.198
1997-01-01 45.988
1998-01-01 49.217
1999-01-01 51.819
2000-01-01 55.733
2001-01-01 56.011
2002-01-01 54.074
2003-01-01 55.955
2004-01-01 59.957
2005-01-01 63.747
2006-01-01 66.210
2007-01-01 70.638
2008-01-01 72.623
2009-01-01 67.213
2010-01-01 69.473
2011-01-01 73.657
2012-01-01 77.488
2013-01-01 80.780
2014-01-01 85.871
2015-01-01 91.051
2016-01-01 94.601
2017-01-01 100.000
2018-01-01 104.409
2019-01-01 109.018
2020-01-01 71.300
2021-01-01 81.986
2022-01-01 109.335
2023-01-01 123.503

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