Federal Reserve Economic Data

FRED Economic Data, St. Louis FED

Labor Compensation for Accommodation and Food Services: Hotels (Except Casino Hotels) and Motels (NAICS 72111) in the United States (IPUTN72111L020000000)

Observations

2023: 76,026.696
Updated: Dec 2, 2024 2:15 PM CST
Next Release Date: Not Available
2023:  76,026.696  
2022:  68,282.276  
2021:  51,202.580  
2020:  44,528.565  
2019:  68,084.425  
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Units:

Millions of Dollars,
Not Seasonally Adjusted

Frequency:

Annual
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(a) Labor Compensation for Accommodation and Food Services: Hotels (Except Casino Hotels) and Motels (NAICS 72111) in the United States, Millions of Dollars, Not Seasonally Adjusted (IPUTN72111L020000000)

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    Labor Compensation for Accommodation and Food Services: Hotels (Except Casino Hotels) and Motels (NAICS 72111) in the United States
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    Notes

    Source: U.S. Bureau of Labor Statistics  

    Release: Industry Productivity  

    Units:  Millions of Dollars, 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 Accommodation and Food Services: Hotels (Except Casino Hotels) and Motels (NAICS 72111) in the United States [IPUTN72111L020000000], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/IPUTN72111L020000000, March 12, 2025.

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    Index 2017=100, Annual, Not Seasonally Adjusted Percent Change from Year Ago, Annual, Not Seasonally Adjusted

    Related Categories

    Accommodation and Food Services Productivity & Costs Population, Employment, & Labor Markets

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    Tags

    Hotel Accommodation Compensation Industry Productivity North American Industry Classification System Industrial Production Food Labor Services Bureau of Labor Statistics Annual Nation Public Domain: Citation Requested Not Seasonally Adjusted United States of America

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