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Economic News Release
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Table 1. Seasonally adjusted: Employment Cost Index for total compensation, by ownership, occupational group, and industry

Table 1. Employment Cost Index for total compensation(1), by occupational group and industry [Seasonally adjusted]
Occupational group and industry Indexes (Dec.2005=100) Percent changes for 3-months ended-
Mar.
2024
Jun.
2024
Jun.
2022
Sep.
2022
Dec.
2022
Mar.
2023
Jun.
2023
Sep.
2023
Dec.
2023
Mar.
2024
Jun.
2024

Civilian workers

All workers(2)

164.0 165.5 1.3 1.2 1.1 1.2 1.0 1.0 0.9 1.2 0.9

Industry

Goods-producing industries(3)

158.4 159.2 1.2 1.0 0.9 1.1 0.9 0.9 1.0 1.1 0.5

Manufacturing

158.0 159.4 1.1 1.0 0.9 1.0 0.9 0.8 0.9 1.2 0.9

Service-providing industries(4)

165.2 166.8 1.4 1.2 1.2 1.1 1.1 1.0 0.9 1.2 1.0

Education and health services

162.8 164.5 1.1 1.4 1.3 1.2 1.0 1.3 0.9 1.1 1.0

Educational services

161.3 163.0 1.1 1.4 1.2 1.2 0.9 1.2 0.9 1.1 1.1

Elementary and secondary schools

161.5 163.3 0.9 1.5 1.1 1.2 1.0 1.1 0.9 0.9 1.1

Junior colleges, colleges, universities, and professional schools

159.8 161.4 1.0 1.4 1.1 1.3 0.8 1.2 1.0 1.3 1.0

Health care and social assistance

164.4 166.1 1.3 1.4 1.4 1.2 1.1 1.3 0.9 1.2 1.0

Hospitals

165.1 166.8 1.3 1.4 1.4 1.2 1.1 1.1 1.0 1.4 1.0

Nursing and residential care facilities

165.0 166.6 1.5 2.0 1.2 1.2 1.0 1.5 0.9 1.1 1.0

Public administration

169.6 172.2 1.2 1.4 1.0 1.0 1.2 1.4 1.3 1.7 1.5

Private industry workers

All workers

163.7 165.1 1.5 1.1 1.1 1.2 1.0 0.9 0.9 1.1 0.9

Occupational group

Management, professional, and related

158.8 160.2 1.2 0.8 1.1 1.1 1.0 1.0 0.7 1.0 0.9

Management, business, and financial

159.6 160.7 1.4 0.5 1.0 1.1 1.1 1.0 0.6 1.1 0.7

Professional and related

158.4 160.0 1.2 1.0 1.2 1.2 1.1 1.0 0.9 1.0 1.0

Sales and office

167.4 168.0 2.0 1.1 1.2 1.2 1.1 0.7 0.9 1.4 0.4

Sales and related

165.7 165.1 2.5 0.9 1.3 1.2 1.1 0.4 1.1 1.6 -0.4

Office and administrative support

168.1 169.9 1.6 1.2 1.3 1.2 1.0 1.0 0.7 1.1 1.1

Natural resources, construction, and maintenance

161.3 162.6 1.1 0.9 1.0 1.1 1.0 1.2 1.1 0.9 0.8

Construction, extraction, farming, fishing, and forestry occupations

159.7 161.1 0.9 0.9 1.0 0.9 1.0 1.0 0.8 0.9 0.9

Installation, maintenance, and repair

163.2 164.2 1.4 1.0 0.9 1.4 1.0 1.3 1.6 0.9 0.6

Production, transportation, and material moving

168.2 170.6 1.2 1.3 0.8 1.2 1.0 0.9 1.5 1.3 1.4

Production

163.5 165.3 1.3 1.3 1.0 1.2 1.0 0.9 1.1 1.2 1.1

Transportation and material moving

173.6 176.5 1.3 1.2 0.7 1.1 1.1 0.8 1.8 1.3 1.7

Service occupations

175.4 177.7 1.8 1.7 1.2 1.3 1.1 0.9 0.8 1.1 1.3

Industry

Goods-producing industries(3)

158.3 159.1 1.2 1.0 0.9 1.1 0.8 0.9 1.0 1.1 0.5

Construction

159.4 158.9 1.5 1.1 1.0 1.3 0.7 1.1 1.0 0.9 -0.3

Manufacturing

158.0 159.4 1.1 1.0 0.9 1.0 0.9 0.8 0.9 1.2 0.9

Aircraft manufacturing

136.9 136.1 0.1 -5.2 1.1 0.8 0.2 0.8 0.7 1.0 -0.6

Service-providing industries(5)

165.2 166.7 1.5 1.1 1.2 1.1 1.1 1.0 0.9 1.1 0.9

Trade, transportation, and utilities

169.2 171.1 1.4 1.0 1.0 1.1 1.2 0.9 1.4 0.8 1.1

Wholesale trade

162.1 162.0 1.4 0.8 1.3 0.8 1.3 0.8 0.9 1.4 -0.1

Retail trade

171.8 174.2 1.7 1.2 1.1 1.3 1.0 1.1 0.8 -0.1 1.4

Transportation and warehousing

172.5 175.8 0.6 0.8 0.6 1.0 1.4 0.7 3.0 1.9 1.9

Utilities

173.3 174.9 0.7 1.0 1.0 1.1 1.4 1.3 0.9 0.4 0.9

Information

159.4 159.1 1.3 1.2 1.4 1.0 1.0 0.3 1.0 0.9 -0.2

Financial activities

160.5 162.1 2.2 0.5 1.2 0.5 1.4 1.0 0.6 0.5 1.0

Finance and insurance

161.1 162.6 2.3 0.4 1.3 0.3 1.4 0.9 0.7 0.5 0.9

Credit intermediation and related activities

163.9 164.5 3.0 -0.4 1.3 1.4 0.4 1.3 1.1 1.6 0.4

Insurance carriers and related activities

162.1 164.1 1.7 1.1 1.2 1.0 0.9 0.9 0.2 0.7 1.2

Real estate and rental and leasing

158.3 159.6 1.9 0.9 0.9 1.0 1.0 1.2 0.1 0.6 0.8

Professional and business services

163.9 165.2 1.5 1.1 1.0 1.4 0.9 0.9 0.6 1.5 0.8

Professional, scientific, and technical services

164.7 166.0 1.7 1.2 0.9 1.3 0.9 0.7 0.7 1.4 0.8

Administrative and support and waste management and remediation services

163.9 165.3 1.6 1.0 1.2 1.3 0.9 1.0 0.7 1.1 0.9

Education and health services

162.9 164.6 1.3 1.3 1.4 1.2 1.1 1.2 1.0 1.1 1.0

Educational services

159.9 161.2 1.6 0.9 1.3 1.2 0.7 1.2 1.1 1.5 0.8

Junior colleges, colleges, universities, and professional schools

158.3 159.4 1.2 1.0 1.0 0.9 0.7 1.2 0.9 1.2 0.7

Health care and social assistance

163.6 165.3 1.2 1.4 1.4 1.2 1.2 1.3 0.9 1.1 1.0

Hospitals

164.9 166.5 1.3 1.4 1.3 1.3 1.1 1.1 1.1 1.4 1.0

Nursing and residential care facilities

163.5 165.0 1.5 1.9 1.2 1.3 1.0 1.5 0.8 1.1 0.9

Leisure and hospitality

174.7 177.1 1.6 1.7 1.2 1.3 1.0 0.8 0.9 0.5 1.4

Accommodation and food services

178.3 180.9 1.6 1.7 1.2 1.3 1.2 0.6 1.0 0.4 1.5

Other services, except public administration

167.9 169.5 1.0 1.2 0.8 1.6 1.3 1.2 1.0 1.8 1.0

State and local government workers

All workers

165.3 167.3 1.0 1.5 1.1 1.2 1.1 1.3 1.0 1.3 1.2

Industry

Education and health services

162.7 164.5 0.9 1.5 1.2 1.2 1.0 1.2 0.9 1.2 1.1

Educational services

161.7 163.5 0.9 1.5 1.2 1.2 1.0 1.1 0.9 1.1 1.1

Schools

161.6 163.4 0.9 1.5 1.1 1.2 1.0 1.1 0.9 1.1 1.1

Elementary and secondary schools

161.9 163.7 0.9 1.5 1.1 1.2 1.0 1.1 0.9 0.9 1.1

Health care and social assistance

170.2 172.1 1.2 1.7 1.3 1.1 1.0 1.3 0.7 1.7 1.1

Hospitals

166.1 168.1 1.1 1.5 1.2 1.1 1.1 1.4 0.6 1.7 1.2

Public administration

169.6 172.2 1.2 1.4 1.0 1.0 1.2 1.4 1.3 1.7 1.5

Footnotes
(1) Includes wages, salaries, and employer costs for employee benefits.
(2) Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government.
(3) Includes mining, construction, and manufacturing.
(4) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; other services, except public administration; and public administration.
(5) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration.

SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey

Last Modified Date: July 31, 2024