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Employment Cost Index

People are asking...

Is the ECI adjusted for inflation?

Answer: The ECI data found in the news releases are not inflation-adjusted. However, constant dollar ECI data are available. See Historical Listings under Tables Created by BLS.

What is the Employment Cost index for individual occupations in the U.S.?

Answer: The Employment Cost Index (ECI) is not produced by local area, or by individual occupation. We have occupational pay data by local area and region as a part of our National Compensation Survey.  The Occupational Employment Statistics program also has data by local area.

How can I get annualized ECI data?

Answer: The Employment Cost Index does not provide annualized data. The 12-month changes for each quarter are the closest alternative. For example, the 12-month change for the December quarter includes data for the period including the 12th of the month (December 12th).

What's the average raise?

Answer: We don't have data on average raises. But we do produce the Employment Cost Index (ECI) , which measures the changes in the cost of labor, free from the influence of employment shifts among occupations and industries.

 

Last Modified Date: July 2, 2008