Showing posts with label ECI. Show all posts
Showing posts with label ECI. Show all posts

31 January 2014

• U.S. Employment Cost Index – December 2013


Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending December 2013. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.6 percent, and benefits (which make up the remaining 30 percent of compensation) increased 0.6 percent.

Compensation costs for civilian workers increased 2.0 percent for the 12-month period ending December 2013, essentially unchanged from the December 2012 increase of 1.9 percent. Wages and salaries increased 1.9 percent for the current 12-month period. In December 2012 the increase was 1.7 percent. Benefit costs increased 2.2 percent for the 12-month period ending December 2013. In December 2012 the increase was 2.4 percent.

Compensation costs for private industry workers increased 2.0 percent over the year. In December 2012 the increase was 1.8 percent. Wages and salaries increased 2.1 percent for the current 12-month period. In December 2012 the increase was 1.7 percent. The increase in the cost of benefits was 1.9 percent for the 12-month period ending December 2013, essentially unchanged from the December 2012 increase of 2.0 percent. Employer costs for health benefits increased 3.0 percent over the year. In December 2012 the increase was 2.1 percent.

Compensation costs for state and local government workers increased 1.9 percent for the 12-month period ending December 2013, unchanged from December 2012. Wages and salaries increased 1.1 percent for the 12-month period ending December 2013, unchanged from December 2012. Prior values for this series, which began in June 1982, ranged from 0.9 percent to 8.5 percent. Benefit costs increased 3.3 percent in December 2013. In December 2012, the increase was 3.4 percent.

See the complete report at this link: USDOL-BLS


19 November 2013

• U.S. Employment Cost Index – Q3 2013


Civilian Workers: Compensation costs for civilian workers increased 1.9 percent for the 12-month period ending September 2013, unchanged from the 12-month period ending in September 2012. Wages and salaries increased 1.6 percent for the current 12-month period. In September 2012, the 12-month increase was 1.7 percent. Benefit costs increased 2.2 percent for the 12-month period ending September 2013, compared with the 2.4 percent increase for the 12-month period ending September 2012.

Click on chart to enlarge.

Private Industry Workers: Compensation costs for private industry workers increased 1.9 percent over the 12-month period ending September 2013, the same increase as in September 2012. Wages and salaries increased 1.8 percent for the year ending in September 2013, the same increase as the period one year ago. The increase in the cost of benefits was 2.0 percent for the 12-month period ending September 2013, compared with a 2.2 percent increase in the period ending in September 2012. Health benefit costs increased 2.7 percent. In September 2012, the increase was 2.3 percent.

State and Local Government Workers: Compensation costs for state and local government workers increased 1.7 percent for the 12-month period ending September 2013. In September 2012 the increase was 1.8 percent. Wages and salaries increased 0.9 percent for the 12-month period ending September 2013, compared with a 1.1 percent increase from a year earlier. Prior values for this series, which began in June 1982, ranged from 1.0 percent to 8.5 percent. Benefit costs increased 2.9 percent in September 2013. In September 2012, the increase was 3.2 percent.

See the complete report at this link: USDOL-BLS


31 July 2013

• U.S. Employment Cost Index – Q2 2013


Compensation costs up 0.5 percent for civilian workers, seasonally adjusted, from March- June 2013.

Over the year, compensation rose 1.9 percent, wages and salaries 1.7 percent, and benefits 2.2 percent.

See the complete report at this link: USDOL-BLS