Federal Reserve Economic Data

Table Data - Labor Compensation for Accommodation and Food Services: Accommodation and Food Services (NAICS 72) in the United States

Title Labor Compensation for Accommodation and Food Services: Accommodation and Food Services (NAICS 72) in the United States
Series ID IPUTN72L020000000
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 76896.119
1988-01-01 83815.074
1989-01-01 89938.508
1990-01-01 95461.190
1991-01-01 98731.891
1992-01-01 103539.988
1993-01-01 108302.047
1994-01-01 113704.438
1995-01-01 120936.192
1996-01-01 127004.509
1997-01-01 136741.811
1998-01-01 146371.990
1999-01-01 155980.894
2000-01-01 165827.453
2001-01-01 169288.111
2002-01-01 173297.547
2003-01-01 179343.229
2004-01-01 189987.069
2005-01-01 200224.621
2006-01-01 212698.146
2007-01-01 226307.468
2008-01-01 232614.009
2009-01-01 225312.791
2010-01-01 232811.033
2011-01-01 244933.417
2012-01-01 260357.000
2013-01-01 269752.738
2014-01-01 282946.373
2015-01-01 303870.185
2016-01-01 321561.622
2017-01-01 342423.270
2018-01-01 356597.854
2019-01-01 371809.889
2020-01-01 292993.414
2021-01-01 360340.984
2022-01-01 422053.285
2023-01-01 463179.858

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