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Employment Cost Index

The National Compensation Survey produces quarterly indexes measuring change over time in labor costs, Employment Cost Index (ECI), and quarterly data measuring level of average costs per hour worked, Employer Costs for Employee Compensation (ECEC).


Notices

  • 2023 Seasonal factors and seasonal revision scheduled for release with March 2023 ECI Read More »
  • Introducing 2021 fixed employment weights and 2018 SOC codes for the Employment Cost Index Read More »
  • Redesign of Employment Cost Webpages Read More »

Charts

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Latest Numbers

RSS
EMPLOYMENT COST INDEX (ECI) News Release
TOTAL COMPENSATION: 3-month % change (SA)

Civilian workers 1.0% in 4th Qtr of 2022 Historical Data

Private industry workers 1.0% in 4th Qtr of 2022 Historical Data

State and local government workers 1.0% in 4th Qtr of 2022 Historical Data

TOTAL COMPENSATION: 12-month % change (NSA)

Civilian workers 5.1% in 4th Qtr of 2022 Historical Data

Private industry workers 5.1% in 4th Qtr of 2022 Historical Data

State and local government workers 4.8% in 4th Qtr of 2022 Historical Data

EMPLOYER COSTS FOR EMPLOYEE COMPENSATION (ECEC) News Release
Total compensation: per hour worked

Civilian workers $41.86 in 3rd Qtr of 2022 Historical Data

Private industry workers $39.61 in 3rd Qtr of 2022 Historical Data

State and local government workers $57.02 in 3rd Qtr of 2022 Historical Data

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Videos

How the Employment Cost Index Is Used?

The Employment Cost Index, or ECI, measures changes in the cost of employees to employers over time. In the private sector, business owners and human resources professionals can use the ECI to make decisions about pay adjustments to help them stay competitive. In the public sector, the Federal Reserve and others use the ECI to gauge the health of the labor market, adjust contracts, and research the labor market. read more »

News Releases

Compensation costs up 1.0% Sep 2022 to Dec 2022 and up 5.1% over the year ending Dec 2022

01/31/2023

Compensation costs increased 1.0 percent for civilian workers, seasonally adjusted, from September 2022 to December 2022. Over the year, total compensation rose 5.1 percent, wages and salaries rose 5.1 percent, and benefit costs rose 4.9 percent.
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Private industry union benefit costs average $21.24 per hour worked in September 2022

12/15/2022

Employer costs for private industry union workers averaged $31.95 per hour worked for wages and salaries and $21.24 for benefits in September 2022. Nonunion wage and salary costs averaged $27.56 per hour worked while benefit costs averaged $10.81.
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Next Release

The Employment Cost Index (ECI) for March 2023 is scheduled to be released on April 28, 2023 at 8:30 A.M. Eastern Time.

The Employer Costs for Employee Compensation (ECEC) December 2022 is scheduled to be released on March 17, 2023 at 10:00 A.M. Eastern Time.

Publications

Monthly Labor Review

Monthly Labor Review article image

The Linked Employment Cost Index: a first look and estimation methodology

This article provides a first look at the Linked Employment Cost Index, an index the U.S. Bureau of Labor Statistics is evaluating for potential publication. read more »

The Economics Daily

The Economics Daily article image

Private compensation costs down 2.8 percent in constant dollars for year ending September 2022

Employer costs for total compensation in private industry rose 5.2 percent from September 2021 to September 2022. After adjusting for consumer price inflation, constant-dollar total compensation declined 2.8 percent in the private sector from September 2021 to September 2022. read more »