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Economic News Release
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Table 2. Seasonally adjusted: Employment Cost Index for wages and salaries, by ownership, occupational group, and industry

Table 2. Employment Cost Index for wages and salaries, 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(1)

 163.9 165.4 1.4 1.2 1.2 1.2 1.0 1.1 1.1 1.1 0.9

Industry

Goods-producing industries(2)

 162.3 162.8 1.3 1.4 1.0 1.2 0.8 0.9 1.1 1.2 0.3

Manufacturing

 162.2 163.4 1.3 1.4 1.0 1.1 0.9 0.8 1.0 1.3 0.7

Service-providing industries(3)

 164.3 165.9 1.4 1.2 1.2 1.1 1.1 1.1 1.0 1.2 1.0

Education and health services

 158.6 160.2 1.1 1.4 1.4 1.2 1.1 1.3 1.0 1.1 1.0

Educational services

 151.8 153.3 1.0 1.4 1.2 1.0 1.0 1.2 0.9 1.4 1.0

Elementary and secondary schools

 150.2 151.8 0.9 1.4 1.1 0.9 1.1 1.2 1.0 1.3 1.1

Junior colleges, colleges, universities, and professional schools

 152.8 154.2 1.0 1.3 1.0 1.0 0.8 1.2 1.0 1.3 0.9

Health care and social assistance

 165.7 167.2 1.3 1.5 1.5 1.3 1.2 1.4 1.0 1.0 0.9

Hospitals

 165.8 167.4 1.3 1.5 1.4 1.4 1.3 1.2 1.2 1.1 1.0

Public administration

 158.7 160.8 1.4 1.3 1.1 1.1 1.1 1.7 1.3 1.7 1.3

Private industry workers

All workers

 166.2 167.6 1.5 1.2 1.2 1.1 1.1 1.0 1.0 1.1 0.8

Occupational group

Management, professional, and related

 160.1 161.6 1.2 0.8 1.1 1.1 1.1 1.0 0.8 1.0 0.9

Professional and related

 160.1 161.9 1.2 1.1 1.3 1.3 1.2 1.0 1.0 0.9 1.1

Management, business, and financial

 160.4 161.6 1.4 0.4 1.1 0.8 1.1 1.0 0.6 1.1 0.7

Sales and office

 169.9 170.5 2.1 1.1 1.4 1.2 1.1 0.6 1.1 1.5 0.4

Office and administrative support

 169.7 171.7 1.6 1.3 1.4 1.2 1.0 1.0 0.8 1.2 1.2

Natural resources, construction, and maintenance

 163.2 164.8 1.1 1.1 1.0 1.4 1.0 1.2 1.3 0.9 1.0

Construction, extraction, farming, fishing, and forestry occupations

 161.6 163.1 0.9 1.2 1.1 1.1 1.0 1.0 0.8 0.9 0.9

Installation, maintenance, and repair

 165.0 166.8 1.3 1.1 0.9 1.6 1.0 1.4 1.8 0.9 1.1

Production, transportation, and material moving

 173.0 175.0 1.3 1.5 0.9 1.2 1.0 0.9 1.7 1.5 1.2

Production

 167.9 169.2 1.4 1.8 1.1 1.4 0.9 0.9 1.1 1.4 0.8

Transportation and material moving

 178.7 181.1 1.3 1.3 0.8 1.1 1.1 0.9 1.9 1.6 1.3

Service occupations

 180.6 182.9 1.9 1.7 1.3 1.3 1.2 1.0 0.8 1.2 1.3

Industry

Goods-producing industries(2)

 162.4 162.8 1.3 1.4 1.0 1.2 0.8 0.9 1.1 1.2 0.2

Construction

 162.5 161.2 1.7 1.2 1.2 1.5 0.6 1.1 1.1 1.2 -0.8

Manufacturing

 162.2 163.4 1.3 1.4 1.0 1.1 0.9 0.8 1.0 1.3 0.7

Aircraft manufacturing

 162.8 163.2 0.6 1.0 1.0 0.5 0.9 0.6 0.6 1.2 0.2

Service-providing industries(4)

 167.2 168.8 1.5 1.1 1.2 1.1 1.1 1.0 1.0 1.1 1.0

Trade, transportation, and utilities

 171.0 172.6 1.5 1.0 1.1 1.1 1.2 1.0 1.5 1.0 0.9

Wholesale trade

 159.7 159.2 1.6 0.5 1.2 0.7 1.3 0.8 0.9 1.6 -0.3

Retail trade

 175.3 177.8 1.7 1.3 1.1 1.2 1.1 1.1 0.9 0.0 1.4

Transportation and warehousing

 177.5 180.2 0.9 0.8 0.8 1.0 1.5 0.8 3.5 2.3 1.5

Utilities

 167.9 169.3 0.7 1.0 0.8 1.0 1.3 1.3 1.4 0.4 0.8

Information

 157.8 158.0 0.6 1.4 1.6 1.1 0.8 0.3 1.1 0.6 0.1

Financial activities

 161.3 163.1 2.2 0.3 1.4 0.1 1.7 1.1 0.6 0.1 1.1

Finance and insurance

 161.9 163.8 2.3 0.1 1.4 -0.1 1.9 1.1 0.6 0.0 1.2

Credit intermediation and related activities

 163.5 163.6 3.1 -1.0 1.4 1.0 0.5 1.5 1.3 1.4 0.1

Insurance carriers and related activities

 160.7 163.5 1.5 1.1 1.2 1.2 1.0 1.2 0.1 0.5 1.7

Real estate and rental and leasing

 159.5 160.8 1.8 0.9 1.1 1.1 1.1 1.4 0.2 0.5 0.8

Professional and business services

 166.0 167.7 1.6 1.1 1.1 1.3 0.8 0.9 0.7 1.7 1.0

Professional, scientific, and technical services

 166.0 167.7 1.7 1.1 0.9 1.2 0.9 0.7 0.9 1.4 1.0

Administrative and support and waste management and remediation services

 168.8 170.3 1.7 1.3 1.1 1.3 0.9 1.0 0.8 1.3 0.9

Education and health services

 164.7 166.2 1.3 1.4 1.4 1.3 1.1 1.4 1.0 1.1 0.9

Educational services

 158.9 160.3 1.7 0.9 1.3 1.2 0.7 1.2 1.0 1.6 0.9

Junior colleges, colleges, universities, and professional schools

 155.2 156.2 1.1 1.0 1.0 0.9 0.8 1.0 1.0 1.2 0.6

Health care and social assistance

 165.9 167.5 1.3 1.5 1.4 1.3 1.2 1.4 1.0 1.0 1.0

Hospitals

 166.7 168.2 1.3 1.4 1.6 1.4 1.3 1.2 1.2 1.0 0.9

Leisure and hospitality

 181.1 183.7 1.6 1.7 1.3 1.3 1.1 0.8 1.0 0.5 1.4

Accommodation and food services

 184.8 187.5 1.6 1.7 1.2 1.4 1.1 0.7 1.0 0.5 1.5

Other services, except public administration

 170.7 172.4 1.0 1.3 0.7 1.7 1.4 1.2 1.1 1.8 1.0

State and local government workers

All workers

 154.1 155.8 1.1 1.4 1.2 1.0 1.1 1.4 1.1 1.4 1.1

Industry

Education and health services

 151.6 153.2 0.9 1.4 1.2 1.0 1.0 1.3 0.9 1.3 1.1

Educational services

 150.3 151.8 0.9 1.4 1.1 1.0 1.0 1.2 1.0 1.3 1.0

Schools

 150.3 151.8 0.9 1.4 1.1 1.0 1.0 1.2 1.0 1.3 1.0

Elementary and secondary schools

 149.7 151.3 0.9 1.4 1.2 0.9 1.1 1.2 1.0 1.3 1.1

Health care and social assistance

 163.0 164.7 1.4 1.8 1.4 1.2 1.0 1.5 0.8 1.6 1.0

Hospitals

 161.5 163.3 1.4 1.6 1.3 1.3 1.0 1.5 0.7 1.5 1.1

Public administration

 158.7 160.8 1.4 1.3 1.1 1.1 1.1 1.7 1.3 1.7 1.3

Footnotes
(1) Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government.
(2) Includes mining, construction, and manufacturing.
(3) 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.
(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; and other services, except public administration.

SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey
Table of Contents
Last Modified Date: July 31, 2024