Benefit costs for State and local government workers up sharply in past 3 months
October 30, 2001
Benefit costs for State and local government workers rose 2.4 percent during the June-September 2001 period, greatly exceeding the 1.1-percent increase in the previous 3-month period. The increase in benefit costs was largely due to increases in employment costs for health insurance and retirement benefits.
Wages and salaries for State and local government workers rose 1.0 percent in the quarter ended in September, following a 1.1-percent increase the previous quarter. Increases in wages and salaries have ranged between 0.8 and 1.1 percent since December 1999.
The 12-month gain in benefit costs for September 2001 was 5.6 percent, double the gain of 2.8 percent in September 2000 and the highest yearly increase in nearly a decade. The increase in wages and salaries was 3.9 percent, compared with a gain of 3.5 percent recorded for September 2000.
These data are from the BLS Employment Cost Trends program. The 3-month changes in this article are seasonally adjusted, while the 12-months changes are not seasonally adjusted. Learn more in "Employment Cost Index—September 2001," news release USDL 01-369.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Benefit costs for State and local government workers up sharply in past 3 months on the Internet at http://www.bls.gov/opub/ted/2001/oct/wk5/art02.htm (visited March 05, 2015).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.