Table 5. Compensation (not seasonally adjusted): Employment Cost Index for total compensation, for private industry workers, by occupational group and industry

Table 5. Employment Cost Index for total compensation(1), for private industry workers, by occupational group and industry [Not seasonally adjusted]
Occupational group and industry	Indexes (Dec. 2005=100)			Percent changes for
	Dec. 2022	Sep. 2023	Dec. 2023	3-months ended-			12-months ended-
	Dec. 2022	Sep. 2023	Dec. 2023	Dec. 2022	Sep. 2023	Dec. 2023	Dec. 2022	Sep. 2023	Dec. 2023
All workers	155.3	160.6	161.6	0.8	0.9	0.6	5.1	4.3	4.1
Excluding incentive paid occupations(2)	155.0	160.4	161.4	0.8	0.9	0.6	5.0	4.4	4.1
Occupational group
Management, professional, and related	150.8	156.2	156.8	0.8	1.0	0.4	4.4	4.4	4.0
Excluding incentive paid occupations(2)	149.8	155.2	155.9	0.7	0.9	0.5	4.5	4.4	4.1
Management, business, and financial	151.8	157.2	157.5	0.6	0.9	0.2	4.1	4.2	3.8
Excluding incentive paid occupations(2)	150.4	155.8	156.2	0.6	0.8	0.3	4.4	4.2	3.9
Professional and related	150.1	155.5	156.4	0.9	1.0	0.6	4.7	4.6	4.2
Sales and office	159.1	164.0	165.2	1.1	0.6	0.7	6.1	4.2	3.8
Excluding incentive paid occupations(2)	160.3	166.0	166.9	0.9	0.7	0.5	5.7	4.5	4.1
Sales and related	156.9	161.2	162.9	1.2	0.2	1.1	6.7	3.9	3.8
Excluding incentive paid occupations(2)	160.6	166.5	167.6	0.9	0.5	0.7	6.0	4.6	4.4
Office and administrative support	159.6	165.1	165.8	0.9	0.9	0.4	5.6	4.4	3.9
Natural resources, construction, and maintenance	152.9	158.2	159.7	0.7	1.0	0.9	4.2	4.2	4.4
Construction, extraction, farming, fishing, and forestry occupations	152.5	157.3	158.1	0.7	1.0	0.5	4.0	3.9	3.7
Installation, maintenance, and repair	153.3	159.2	161.5	0.7	1.2	1.4	4.4	4.6	5.3
Production, transportation, and material moving	158.2	163.2	165.5	0.8	0.8	1.4	4.8	3.9	4.6
Excluding incentive paid occupations(2)	157.9	162.9	165.3	0.8	0.7	1.5	4.8	4.0	4.7
Production	154.9	159.8	161.3	0.9	0.7	0.9	5.2	4.1	4.1
Excluding incentive paid occupations(2)	155.3	160.2	161.8	0.8	0.7	1.0	5.0	4.0	4.2
Transportation and material moving	163.4	168.5	171.5	0.7	0.8	1.8	4.7	3.9	5.0
Service occupations	166.6	172.3	173.2	1.0	0.9	0.5	6.9	4.5	4.0
Industry and occupational group
Goods-producing industries(3)	150.6	155.1	156.3	0.8	0.6	0.8	4.6	3.8	3.8
Excluding incentive paid occupations(2)	150.3	154.8	155.9	0.7	0.7	0.7	4.4	3.7	3.7
Management, professional, and related	144.3	148.4	148.9	0.6	0.4	0.3	3.6	3.5	3.2
Sales and office	158.0	163.0	167.1	1.7	0.2	2.5	6.5	4.9	5.8
Natural resources, construction, and maintenance	151.8	156.6	157.5	0.7	0.9	0.6	4.0	3.8	3.8
Production, transportation, and material moving	153.2	157.7	159.2	0.8	0.6	1.0	5.2	3.7	3.9
Construction	151.4	156.3	157.7	0.8	0.8	0.9	4.3	4.1	4.2
Manufacturing	150.3	154.6	155.8	0.8	0.6	0.8	4.7	3.7	3.7
Management, professional, and related	145.5	149.5	150.1	0.6	0.4	0.4	3.6	3.3	3.2
Sales and office occupations	155.0	159.4	160.4	1.2	0.6	0.6	6.4	4.0	3.5
Natural resources, construction, and maintenance	150.1	154.4	156.0	1.1	0.7	1.0	4.1	4.0	3.9
Production, transportation, and material moving	153.0	157.4	159.0	0.9	0.6	1.0	5.4	3.8	3.9
Aircraft manufacturing	131.3	134.6	134.7	0.4	0.0	0.1	-4.1	2.9	2.6
Service-providing industries(4)	156.6	162.1	163.1	0.8	0.9	0.6	5.2	4.4	4.2
Excluding incentive paid occupations(2)	156.4	162.0	163.0	0.9	0.9	0.6	5.2	4.5	4.2
Management, professional, and related	151.9	157.5	158.1	0.8	1.0	0.4	4.5	4.5	4.1
Sales and office	159.2	164.1	164.9	1.0	0.6	0.5	6.1	4.1	3.6
Natural resources, construction, and maintenance	154.5	160.6	163.0	0.8	1.3	1.5	4.5	4.8	5.5
Production, transportation, and material moving	163.8	169.2	172.1	0.7	0.9	1.7	4.5	4.1	5.1
Service occupations	166.6	172.4	173.3	1.0	1.0	0.5	6.9	4.5	4.0
Trade, transportation, and utilities	160.1	165.6	167.5	0.8	0.7	1.1	4.9	4.3	4.6
Excluding incentive paid occupations(2)	160.1	166.0	168.1	0.8	0.8	1.3	4.9	4.5	5.0
Wholesale trade	153.2	158.5	159.1	0.7	0.4	0.4	5.2	4.1	3.9
Excluding incentive paid occupations(2)	155.9	161.8	162.2	0.8	0.7	0.2	5.2	4.6	4.0
Retail trade	164.7	170.6	171.5	0.9	0.8	0.5	5.6	4.5	4.1
Excluding incentive paid occupations(2)	162.8	169.2	170.1	0.7	0.8	0.5	5.8	4.7	4.5
Transportation and warehousing	159.8	164.5	169.8	0.9	0.9	3.2	3.3	3.9	6.3
Utilities	164.2	170.9	171.9	0.7	1.0	0.6	3.6	4.8	4.7
Information	152.3	156.4	157.5	1.1	0.1	0.7	5.3	3.9	3.4
Financial activities	153.8	159.1	159.0	0.6	0.8	-0.1	5.3	4.1	3.4
Excluding incentive paid occupations(2)	154.0	159.2	159.3	0.5	0.4	0.1	5.5	3.9	3.4
Finance and insurance	154.3	159.5	159.5	0.7	0.7	0.0	5.3	4.0	3.4
Credit intermediation and related activities	154.1	160.4	160.5	0.3	1.3	0.1	3.6	4.4	4.2
Excluding incentive paid occupations(2)	157.6	163.4	163.5	0.4	0.6	0.1	6.2	4.1	3.7
Insurance carriers and related activities	155.1	160.6	159.9	0.5	0.4	-0.4	5.4	4.0	3.1
Excluding incentive paid occupations(2)	152.9	157.9	158.2	0.5	0.1	0.2	4.9	3.8	3.5
Real estate and rental and leasing	151.9	157.4	156.9	0.5	1.2	-0.3	5.6	4.2	3.3
Excluding incentive paid occupations(2)	156.0	161.2	160.8	0.6	0.7	-0.2	5.3	3.9	3.1
Professional and business services	155.2	160.7	161.0	0.7	0.9	0.2	4.9	4.3	3.7
Professional, scientific, and technical services	156.1	161.7	161.9	0.4	0.9	0.1	4.6	4.0	3.7
Administrative and support and waste management and remediation services	155.5	161.0	161.6	0.9	0.9	0.4	5.4	4.5	3.9
Education and health services	154.1	159.7	161.1	1.2	1.4	0.9	5.5	4.9	4.5
Educational services	151.4	156.5	157.7	1.0	2.0	0.8	5.1	4.4	4.2
Junior colleges, colleges, universities, and professional schools	150.8	155.6	156.5	0.7	2.0	0.6	4.1	3.9	3.8
Health care and social assistance	154.7	160.4	161.8	1.3	1.3	0.9	5.5	5.0	4.6
Hospitals	155.4	160.9	162.5	1.3	0.9	1.0	5.4	4.9	4.6
Nursing and residential care facilities	154.5	160.4	161.6	1.2	1.5	0.7	6.6	5.0	4.6
Nursing care facilities(2)	154.2	160.2	161.6	1.4	1.5	0.9	7.0	5.3	4.8
Leisure and hospitality	166.3	172.5	173.0	0.7	0.8	0.3	6.4	4.4	4.0
Accommodation and food service	169.8	176.1	176.7	0.6	0.5	0.3	6.4	4.3	4.1
Other services, except public administration	156.3	163.4	164.3	0.3	1.1	0.6	4.1	4.9	5.1
Footnotes (1) Includes wages, salaries, and employer costs for employee benefits. (2) The index for this series is not strictly comparable with other series in this table. (3) Includes mining, construction, and manufacturing. (4) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration.
SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey

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Last Modified Date: January 31, 2024