Smaller rise in benefit costs for State and local government workers at end of 2001
February 06, 2002
Benefit costs for State and local government workers rose 0.6 percent during the December 2001 quarter, dropping sharply from the 2.4 percent gain in the September quarter. The slower increase in benefit costs was largely due to smaller increases in employer costs for health insurance and retirement benefits.
Wages and salaries for State and local government employees rose 0.5 percent in the quarter ended in December, following a 1.0 percent increase the previous quarter.
The December 2001 over-the-year increase in benefit costs for State and local government workers for December 2001 was 5.5 percent, more than double the gain of 2.4 percent for December 2000.The 12-month gain in wages and salaries was 3.6 percent, compared with a gain of 3.3 percent for December 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—December 2001," news release USDL 02-46.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Smaller rise in benefit costs for State and local government workers at end of 2001 on the Internet at http://www.bls.gov/opub/ted/2002/feb/wk1/art03.htm (visited May 04, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.