Employment costs advanced 0.7 percent from September to December
January 31, 2003
Compensation costs for private sector workers advanced 0.7 percent from September 2002 to December 2002 (seasonally adjusted), after rising 0.6 percent in the prior quarter.
Wages and salaries in the private sector inched up 0.4 percent for the second consecutive quarter, after larger gains earlier in the year.
Benefit costs for private industry workers were up 1.2 percent for the December quarter, compared with a 1.0-percent advance in the June-September period.
These data are from the BLS Compensation Cost Trends program. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits. Learn more in "Employment Cost Index—December 2002" (PDF) (TXT), news release USDL 03-32.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment costs advanced 0.7 percent from September to December on the Internet at http://www.bls.gov/opub/ted/2003/jan/wk4/art05.htm (visited July 02, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
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.