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 IPUTN722511U110000000
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 9:11 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 17.617
1988-01-01 18.925
1989-01-01 20.179
1990-01-01 21.344
1991-01-01 22.001
1992-01-01 23.681
1993-01-01 25.294
1994-01-01 27.355
1995-01-01 30.912
1996-01-01 31.757
1997-01-01 34.761
1998-01-01 37.854
1999-01-01 40.606
2000-01-01 43.433
2001-01-01 45.178
2002-01-01 47.449
2003-01-01 49.398
2004-01-01 52.572
2005-01-01 55.478
2006-01-01 59.322
2007-01-01 63.507
2008-01-01 65.135
2009-01-01 64.076
2010-01-01 66.575
2011-01-01 70.164
2012-01-01 75.237
2013-01-01 78.578
2014-01-01 82.541
2015-01-01 88.832
2016-01-01 94.751
2017-01-01 100.000
2018-01-01 103.786
2019-01-01 106.872
2020-01-01 77.364
2021-01-01 103.498
2022-01-01 122.092
2023-01-01 132.442

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