Employment Cost Index Summary

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                                  EMPLOYMENT COST INDEX – DECEMBER 2024

Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period
ending in December 2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 
0.9 percent and benefit costs increased 0.8 percent from September 2024. 
(See tables A, 1, 2, and 3.)

Compensation costs for civilian workers increased 3.8 percent for the 12-month period ending in December 
2024 and increased 4.2 percent in December 2023. Wages and salaries increased 3.8 percent for the 12-month
period ending in December 2024 and increased 4.3 percent for the 12-month period ending in December 2023. 
Benefit costs increased 3.6 percent over the year and increased 3.8 percent for the 12-month period ending
in December 2023. (See tables A, 4, 8, and 12.)

Compensation costs for private industry workers increased 3.6 percent over the year. In December 2023, the
increase was 4.1 percent. Wages and salaries increased 3.7 percent for the 12-month period ending in 
December 2024 and increased 4.3 percent in December 2023. The cost of benefits increased 3.3 percent for 
the 12-month period ending in December 2024 and increased 3.6 percent in December 2023. Inflation-adjusted
(constant dollar) wages and salaries increased 0.8 percent for the 12 months ending December 2024. 
(See tables A, 5, 9, and 12.)

Within private industry by bargaining status, compensation costs increased 5.1 percent for union workers 
and 3.4 percent for non-union workers for the 12-month period ending in December 2024. Wages and salaries
increased 5.5 percent for union workers and 3.5 percent for non-union workers for the 12-month period 
ending in December 2024. Benefit costs increased 4.6 percent for union workers and 3.1 percent for non-
union workers for the period ending in December 2024.(See tables 6, 10, and 12.)

Compensation costs for state and local government workers increased 4.7 percent for the 12-month period 
ending in December 2024 and increased 4.6 percent in December 2023. Wages and salaries increased 4.5 
percent for the 12-month period ending in December 2024 and 4.7 percent in December 2023. Benefit costs 
increased 4.9 percent for the 12-month period ending in December 2024. The prior year’s increase was 4.6
percent. (See tables A, 7, 11, and 12.)

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                      Rounding Changes to Employment Cost Index (ECI) Estimates

Effective with the release of June 2025 ECI data on July 31, 2025, BLS will publish index levels to three
decimal places. Percent changes based on these more precise indexes will continue to be published to one 
decimal place. For more information, see www.bls.gov/eci/notices/2024/changes-to-index-rounding.htm.
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