Federal Reserve Economic Data

Table Data - Labor Compensation for Accommodation and Food Services: Restaurants and Other Eating Places (NAICS 72251) in the United States

Title Labor Compensation for Accommodation and Food Services: Restaurants and Other Eating Places (NAICS 72251) in the United States
Series ID IPUTN72251L020000000
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 9:05 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 44274.022
1988-01-01 47546.576
1989-01-01 50688.857
1990-01-01 53556.679
1991-01-01 55555.301
1992-01-01 59639.660
1993-01-01 63074.429
1994-01-01 67372.660
1995-01-01 73683.944
1996-01-01 76537.470
1997-01-01 82750.085
1998-01-01 89004.225
1999-01-01 94666.395
2000-01-01 100365.959
2001-01-01 104075.418
2002-01-01 108816.354
2003-01-01 112793.222
2004-01-01 119792.674
2005-01-01 126329.421
2006-01-01 134910.066
2007-01-01 144024.329
2008-01-01 148337.489
2009-01-01 146998.466
2010-01-01 152032.450
2011-01-01 159359.377
2012-01-01 170249.681
2013-01-01 176781.600
2014-01-01 185665.594
2015-01-01 199763.967
2016-01-01 214249.272
2017-01-01 227884.198
2018-01-01 237354.359
2019-01-01 246318.861
2020-01-01 202743.124
2021-01-01 253039.292
2022-01-01 290920.921
2023-01-01 315568.702

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