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 December 02, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.