Federal Reserve Economic Data

Table Data - Labor Compensation for Accommodation and Food Services: Full-Service Restaurants (NAICS 722511) in the United States

Title Labor Compensation for Accommodation and Food Services: Full-Service Restaurants (NAICS 722511) in the United States
Series ID IPUTN722511L020000000
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 23266.195
1988-01-01 24993.355
1989-01-01 26649.392
1990-01-01 28187.683
1991-01-01 29055.989
1992-01-01 31274.103
1993-01-01 33405.088
1994-01-01 36127.083
1995-01-01 40825.022
1996-01-01 41940.899
1997-01-01 45907.903
1998-01-01 49993.103
1999-01-01 53627.574
2000-01-01 57360.727
2001-01-01 59665.523
2002-01-01 62663.840
2003-01-01 65237.824
2004-01-01 69430.655
2005-01-01 73268.082
2006-01-01 78344.035
2007-01-01 83872.153
2008-01-01 86021.982
2009-01-01 84623.043
2010-01-01 87923.964
2011-01-01 92662.779
2012-01-01 99362.455
2013-01-01 103775.068
2014-01-01 109008.920
2015-01-01 117317.510
2016-01-01 125134.698
2017-01-01 132066.784
2018-01-01 137067.381
2019-01-01 141142.932
2020-01-01 102171.648
2021-01-01 136686.837
2022-01-01 161242.509
2023-01-01 174912.171

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