Employment Cost Index news release text


TRANSMISSION OF MATERIAL IN THIS RELEASE IS EMBARGOED UNTIL                                USDL-14-1390
8:30 A.M. (EDT) THURSDAY, JULY 31, 2014


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                                EMPLOYMENT COST INDEX - JUNE 2014


Compensation costs for civilian workers increased 0.7 percent, seasonally adjusted, for the 3-month 
period ending June 2014, the U.S. Bureau of Labor Statistics reported today. 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 1.0 percent.

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.

Among occupational groups, compensation cost increases for private industry workers for the 
12-month period ending June 2014 ranged from 1.1 percent for service occupations to 2.4 percent for 
natural resources, construction, and maintenance occupations.  

Among industry supersectors, compensation cost increases for private industry workers for the current
12-month period ranged from 1.1 percent for leisure and hospitality to 4.6 percent for information. 

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 tables A, 7,
11, and 12.)

________________

The Employment Cost Index for September 2014 is scheduled to be released on 
Friday, October 31, 2014, at 8:30 A.M. (EDT).

Information in this release will be made available to sensory impaired individuals upon request-Voice 
phone: (202) 691-5200; Federal Relay Service: (800) 877-8339
 
BLS news releases, including the ECI, are available through an e-mail subscription service at: 
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Table A.  Major series of the Employment Cost Index
(Percent change)

Category                     3-month,                               12-month,
                       seasonally adjusted                   not seasonally adjusted
                         Mar.       June            June      Sep.      Dec.     Mar.     June
                         2014       2014            2013      2013      2013     2014     2014
______________________________________________________________________________________________
   CIVILIAN WORKERS[1]

Compensation[2]          0.3        0.7             1.9       1.9       2.0      1.8      2.0
Wages and salaries       0.3        0.6             1.7       1.6       1.9      1.6      1.8
Benefits                 0.4        1.0             2.2       2.2       2.2      2.1      2.5

   PRIVATE INDUSTRY

Compensation[2]          0.3        0.8             1.9       1.9       2.0      1.7      2.0
Wages and salaries       0.2        0.8             1.9       1.8       2.1      1.7      1.9
Benefits                 0.3        1.1             1.9       2.0       1.9      1.8      2.4

   STATE AND LOCAL
     GOVERNMENT

Compensation[2]          0.5        0.5             1.8       1.7       1.9      1.9      2.0
Wages and salaries       0.3        0.3             1.0       0.9       1.1      1.2      1.3
Benefits                 0.7        0.9             3.3       2.9       3.3      3.0      3.2
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[1] Includes private industry and State and local government.
[2] Includes wages and salaries and benefits.

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Last Modified Date: July 31, 2014