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Employment Cost Index
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The Employment Cost Index (ECI) measures the change in the hourly labor cost to employers over time. The ECI uses a fixed “basket” of labor to produce a pure cost change, free from the effects of workers moving between occupations and industries and includes both the cost of wages and salaries and the cost of benefits.
Charts
Compensation in private industry and state and local government, 12-month percent change, not seasonally adjusted
Month
Private industry
Government
Mar 2006
2.6%
3.7%
June 2006
2.8%
3.8%
Sept 2006
3.0%
4.1%
Dec 2006
3.2%
4.1%
Mar 2007
3.2%
4.6%
June 2007
3.1%
4.8%
Sept 2007
3.1%
4.3%
Dec 2007
3.0%
4.1%
Mar 2008
3.2%
3.6%
June 2008
3.0%
3.5%
Sept 2008
2.8%
3.4%
Dec 2008
2.4%
3.0%
Mar 2009
1.9%
3.1%
June 2009
1.5%
3.1%
Sept 2009
1.2%
2.3%
Dec 2009
1.2%
2.3%
Mar 2010
1.6%
2.0%
June 2010
1.9%
1.7%
Sept 2010
2.0%
1.8%
Dec 2010
2.1%
1.8%
Mar 2011
2.0%
1.8%
June 2011
2.3%
1.7%
Sept 2011
2.1%
1.5%
Dec 2011
2.2%
1.3%
Mar 2012
2.1%
1.5%
June 2012
1.8%
1.6%
Sept 2012
1.9%
1.8%
Dec 2012
1.8%
1.9%
Mar 2013
1.9%
1.9%
June 2013
1.9%
1.8%
Sept 2013
1.9%
1.7%
Dec 2013
2.0%
1.9%
Mar 2014
1.7%
1.9%
June 2014
2.0%
2.0%
Sept 2014
2.3%
2.1%
Dec 2014
2.3%
2.0%
Mar 2015
2.8%
2.1%
June 2015
1.9%
2.2%
Sept 2015
1.9%
2.3%
Dec 2015
1.9%
2.5%
Mar 2016
1.8%
2.4%
June 2016
2.4%
2.3%
Sept 2016
2.3%
2.6%
Dec 2016
2.2%
2.4%
Mar 2017
2.3%
2.6%
June 2017
2.4%
2.6%
Sept 2017
2.5%
2.4%
Dec 2017
2.6%
2.5%
Mar 2018
2.8%
2.2%
June 2018
2.9%
2.3%
Sept 2018
2.9%
2.5%
Dec 2018
3.0%
2.6%
Mar 2019
2.8%
3.0%
June 2019
2.6%
3.0%
Sept 2019
2.7%
3.1%
Dec 2019
2.7%
2.9%
Mar 2020
2.8%
2.8%
June 2020
2.7%
2.7%
Sept 2020
2.4%
2.3%
Dec 2020
2.6%
2.3%
Mar 2021
2.8%
2.0%
June 2021
3.1%
2.0%
Sept 2021
4.1%
2.3%
Dec 2021
4.4%
2.6%
Mar 2022
4.8%
3.2%
June 2022
5.5%
3.4%
Sept 2022
5.2%
4.6%
Dec 2022
5.1%
4.8%
Mar 2023
4.8%
4.9%
June 2023
4.5%
4.9%
Latest Numbers
EMPLOYMENT COST INDEX (ECI) 
TOTAL COMPENSATION: 3-month % change (SA)
Civilian workers
1.0% in 2nd Qtr of 2023
Private industry workers
1.0% in 2nd Qtr of 2023
State and local government workers
1.0% in 2nd Qtr of 2023
TOTAL COMPENSATION: 12-month % change (NSA)
Civilian workers
4.5% in 2nd Qtr of 2023
Private industry workers
4.5% in 2nd Qtr of 2023
State and local government workers
4.9% in 2nd Qtr of 2023
Historical Data
News Release
SA - Seasonally Adjusted
NSA - Not Seasonally Adjusted
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% Mar 2023 to June 2023 and up 4.5% over the year ending Jun 2023
read more »
07/28/2023
Compensation costs increased 1.0 percent for civilian workers, seasonally adjusted, from March 2023 to June 2023. Over the year, total compensation rose 4.5 percent, wages and salaries rose 4.6 percent, and benefit costs rose 4.2 percent.
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Charts
Next Release
The Employment Cost Index (ECI) for
September 2023
is scheduled to be released on
October 31, 2023
at 8:30 A.M. Eastern Time.
Publications
The Economics Daily
Compensation costs for civilian workers averaged $42.48 per hour worked in December 2022
Total employer compensation costs for civilian workers averaged $42.48 per hour worked in December 2022. Wages and salaries cost employers $29.32 and accounted for 69.0 percent of total costs, while benefits cost $13.17 and accounted for the remaining 31.0 percent. read more »
Monthly Labor Review
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 »