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Labor Compensation for Retail Trade: Pharmacies and Drug Stores (NAICS 44611) in the United States (IPUHN44611U110000000)

Observation:

2022: 123.647 (+ more)   Updated: May 25, 2023
2022:  123.647  
2021:  123.405  
2020:  117.732  
2019:  113.746  
2018:  113.300  
View All

Units:

Index 2012=100,
Not Seasonally Adjusted

Frequency:

Annual

NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Industry Productivity  

Units:  Index 2012=100, Not Seasonally Adjusted

Frequency:  Annual

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.

Suggested Citation:

U.S. Bureau of Labor Statistics, Labor Compensation for Retail Trade: Pharmacies and Drug Stores (NAICS 44611) in the United States [IPUHN44611U110000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUHN44611U110000000, June 10, 2023.

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