<H3>• U.S. Employment Cost Index – June 2014</H3>

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Civilian Workers: Compensation costs for civilian workers increased 2.0 percent for the 12-month period ending June 2014. In June 2013, the increase in compensation costs was 1.9 percent. Prior values for this series, which began in June 1982, ranged from 1.4 percent to 7.5 percent. Wages and salaries increased 1.8 percent for the 12-month period ending June 2014, compared with 1.7 percent in June 2013. Benefit costs increased 2.5 percent for the 12-month period ending June 2014, compared with a 2.2 percent increase for the 12-month period ending June 2013. Private Industry Workers: Compensation costs for private industry workers increased 2.0 percent over the year. In June 2013 the increase was 1.9 percent. Wages and salaries increased 1.9 percent for the current 12-month period ending June 2014, the same as June 2013. The increase in the cost of benefits was 2.4 percent for the 12-month period ending June 2014, primarily due to increases in the cost of retirement plans. In June 2013, the increase in the cost of benefits was 1.9 percent. Employer costs for health benefits increased 2.7 percent over the year. In June 2013 the increase was 2.6 percent. State and Local Government Workers: Compensation costs for state and local government workers increased 2.0 percent for the 12-month period ending June 2014, compared with 1.8 percent for June 2013. Wages and salaries increased 1.3 percent for the 12-month period ending June 2014, compared with 1.0 percent in June 2013. Benefit costs increased 3.2 percent in June 2014. In June 2013, the increase was 3.3 percent. See the complete report at this link: USDOL-BLS

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