Compensation costs in June 2010
August 04, 2010
Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending June 2010. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.4 percent while benefits (which make up the remaining 30 percent of compensation) increased 0.6 percent.
Compensation costs for civilian workers increased 1.8 percent for the 12-month period ending June 2010. This was the same as the 12-month period ending in June 2009.
Wages and salaries increased 1.6 percent for the current 12-month period, compared to a 1.8-percent increase for the 12-month period ending in June 2009.
Benefit costs rose 2.5 percent, up from a 1.8-percent increase for the 12-month period ending June 2009.
These data are from the BLS Employment Cost Trends program. To learn more, see "Employment Cost Index — June 2010" (HTML) (PDF), news release USDL-10-1047. The Employment Cost Index (ECI) measures the change in the cost of labor, free from the influence of employment shifts among occupations and industries. Benefits costs include paid leave, supplemental leave, insurance benefits, retirement and savings, and legally required benefits. Paid leave include employer cost for vacations, holidays, sick leave, and personal leave.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs in June 2010 on the Internet at http://www.bls.gov/opub/ted/2010/ted_20100804.htm (visited October 02, 2014).
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.