Federal Reserve Economic Data

Table Data - Labor Compensation for Accommodation and Food Services: Special Food Services (NAICS 7223) in the United States

Title Labor Compensation for Accommodation and Food Services: Special Food Services (NAICS 7223) in the United States
Series ID IPUTN7223L020000000
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 2024-04-26 9:11 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 8289.571
1988-01-01 8772.723
1989-01-01 9297.004
1990-01-01 9762.711
1991-01-01 10223.512
1992-01-01 10313.217
1993-01-01 10216.313
1994-01-01 9775.198
1995-01-01 9211.209
1996-01-01 9874.999
1997-01-01 10438.978
1998-01-01 11154.803
1999-01-01 12201.370
2000-01-01 12922.639
2001-01-01 13197.572
2002-01-01 13545.061
2003-01-01 14331.618
2004-01-01 15122.114
2005-01-01 15226.427
2006-01-01 17011.755
2007-01-01 18081.702
2008-01-01 18947.021
2009-01-01 17525.397
2010-01-01 17936.677
2011-01-01 19236.203
2012-01-01 20595.616
2013-01-01 20660.881
2014-01-01 21210.510
2015-01-01 23956.705
2016-01-01 24124.503
2017-01-01 26347.534
2018-01-01 27355.816
2019-01-01 28601.893
2020-01-01 21081.647
2021-01-01 25615.111
2022-01-01 32620.020
2023-01-01 38081.741

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