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Wages and salaries increased for retail trade workers for the year ending in December 2020

February 02, 2021

Wages and salaries for private retail trade workers, excluding incentive paid occupations, increased 4.4 percent for the year ended in December 2020. This was higher than the 2.8 percent increase in wages and salaries for all private industry workers.

12-month percent change in wages and salaries for private industry workers in selected industries from March 2010 to December 2020
Month Retail trade, excluding incentive paid occupations Service-providing industries Goods-producing industries Wholesale trade, excluding incentive paid occupations

Mar 2010

1.8% 1.5% 1.2% 1.2%

Jun 2010

1.8 1.8 1.3 1.3

Sep 2010

1.5 1.7 1.5 0.3

Dec 2010

1.4 1.8 1.5 0.3

Mar 2011

1.3 1.6 1.5 0.2

Jun 2011

1.2 1.6 1.6 0.3

Sep 2011

1.2 1.7 1.5 1.6

Dec 2011

1.5 1.6 1.7 1.6

Mar 2012

1.4 1.9 1.6 2.0

Jun 2012

1.7 1.9 1.6 1.7

Sep 2012

1.1 1.8 1.7 1.3

Dec 2012

0.9 1.8 1.7 1.4

Mar 2013

1.2 1.8 1.8 1.3

Jun 2013

1.3 1.8 2.0 1.8

Sep 2013

1.8 1.9 2.0 2.1

Dec 2013

1.8 2.1 1.9 2.1

Mar 2014

1.5 1.7 1.8 2.1

Jun 2014

1.5 1.9 1.9 2.3

Sep 2014

1.6 2.3 1.9 2.0

Dec 2014

2.0 2.3 2.1 1.8

Mar 2015

2.0 2.8 2.2 2.0

Jun 2015

2.4 2.2 2.4 1.9

Sep 2015

2.7 2.1 2.4 2.3

Dec 2015

2.8 2.0 2.6 2.6

Mar 2016

3.2 1.9 2.6 2.6

Jun 2016

3.5 2.6 2.5 2.6

Sep 2016

3.2 2.4 2.4 2.4

Dec 2016

3.4 2.3 2.4 2.1

Mar 2017

3.9 2.5 2.6 2.4

Jun 2017

3.3 2.4 2.4 2.6

Sep 2017

3.4 2.6 2.6 2.7

Dec 2017

3.1 2.8 2.5 2.9

Mar 2018

2.7 3.0 2.6 2.9

Jun 2018

3.2 2.9 2.7 2.9

Sep 2018

3.4 3.1 2.6 3.1

Dec 2018

3.4 3.2 2.9 2.8

Mar 2019

3.7 2.9 2.9 2.9

Jun 2019

3.7 3.0 3.0 2.5

Sep 2019

3.6 2.9 3.3 2.4

Dec 2019

3.8 2.9 3.4 2.9

Mar 2020

3.7 3.3 3.2 2.9

Jun 2020

3.8 2.9 3.2 2.8

Sep 2020

3.4 2.7 2.7 2.3

Dec 2020

4.4 2.9 2.5 2.4

For the year ended in December 2020, wages and salaries also increased for workers in service-providing industries (2.9 percent), goods-producing industries (2.5 percent), and wholesale trade, excluding incentive paid occupations, (2.4 percent).

Incentive-paid workers are those who receive some portion of their earnings based on sales or output, rather than a unit of time such as an hourly rate or monthly salary. Examples of incentive-paid work include piece-rate systems found in manufacturing environments and commissions paid to certain sales workers

These data are from the Employment Cost Trends program and are not seasonally adjusted. To learn more, see “Employment Cost Index — December 2020.” We also have more charts on the Employment Cost Index. Historical data are available from our database tools. Private industry workers exclude employees of state and local government.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Wages and salaries increased for retail trade workers for the year ending in December 2020 at https://www.bls.gov/opub/ted/2021/wages-and-salaries-increased-for-retail-trade-workers-for-the-year-ending-in-december-2020.htm (visited July 29, 2021).

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