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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-
Jun.
2024
Sep.
2024
Sep.
2022
Dec.
2022
Mar.
2023
Jun.
2023
Sep.
2023
Dec.
2023
Mar.
2024
Jun.
2024
Sep.
2024

Civilian workers

All workers(1)

165.4 166.7 1.2 1.2 1.2 1.0 1.1 1.1 1.1 0.9 0.8

Industry

Goods-producing industries(2)

162.8 164.5 1.4 1.0 1.2 0.8 0.9 1.1 1.2 0.3 1.0

Manufacturing

163.4 164.9 1.4 1.0 1.1 0.9 0.8 1.0 1.3 0.7 0.9

Service-providing industries(3)

165.9 167.1 1.2 1.2 1.1 1.1 1.1 1.0 1.2 1.0 0.7

Education and health services

160.2 162.0 1.4 1.4 1.2 1.1 1.3 1.0 1.1 1.0 1.1

Educational services

153.3 154.9 1.4 1.2 1.0 1.0 1.2 0.9 1.4 1.0 1.0

Elementary and secondary schools

151.8 153.1 1.4 1.1 0.9 1.1 1.2 1.0 1.3 1.1 0.9

Junior colleges, colleges, universities, and professional schools

154.2 156.1 1.3 1.0 1.0 0.8 1.2 1.0 1.3 0.9 1.2

Health care and social assistance

167.2 169.3 1.5 1.5 1.3 1.2 1.4 1.0 1.0 0.9 1.3

Hospitals

167.4 169.2 1.5 1.4 1.4 1.3 1.2 1.2 1.1 1.0 1.1

Public administration

160.8 161.9 1.3 1.1 1.1 1.1 1.7 1.3 1.7 1.3 0.7

Private industry workers

All workers

167.6 168.9 1.2 1.2 1.1 1.1 1.0 1.0 1.1 0.8 0.8

Occupational group

Management, professional, and related

161.6 162.7 0.8 1.1 1.1 1.1 1.0 0.8 1.0 0.9 0.7

Professional and related

161.9 163.1 1.1 1.3 1.3 1.2 1.0 1.0 0.9 1.1 0.8

Management, business, and financial

161.6 162.4 0.4 1.1 0.8 1.1 1.0 0.6 1.1 0.7 0.5

Sales and office

170.5 171.0 1.1 1.4 1.2 1.1 0.6 1.1 1.5 0.4 0.3

Office and administrative support

171.7 173.0 1.3 1.4 1.2 1.0 1.0 0.8 1.2 1.2 0.8

Natural resources, construction, and maintenance

164.8 166.7 1.1 1.0 1.4 1.0 1.2 1.3 0.9 1.0 1.2

Construction, extraction, farming, fishing, and forestry occupations

163.1 164.8 1.2 1.1 1.1 1.0 1.0 0.8 0.9 0.9 1.0

Installation, maintenance, and repair

166.8 168.9 1.1 0.9 1.6 1.0 1.4 1.8 0.9 1.1 1.3

Production, transportation, and material moving

175.0 176.6 1.5 0.9 1.2 1.0 0.9 1.7 1.5 1.2 0.9

Production

169.2 171.0 1.8 1.1 1.4 0.9 0.9 1.1 1.4 0.8 1.0

Transportation and material moving

181.1 182.6 1.3 0.8 1.1 1.1 0.9 1.9 1.6 1.3 0.8

Service occupations

182.9 184.5 1.7 1.3 1.3 1.2 1.0 0.8 1.2 1.3 0.9

Industry

Goods-producing industries(2)

162.8 164.6 1.4 1.0 1.2 0.8 0.9 1.1 1.2 0.2 1.1

Construction

161.2 163.6 1.2 1.2 1.5 0.6 1.1 1.1 1.2 -0.8 1.5

Manufacturing

163.4 164.9 1.4 1.0 1.1 0.9 0.8 1.0 1.3 0.7 0.9

Aircraft manufacturing

163.2 164.2 1.0 1.0 0.5 0.9 0.6 0.6 1.2 0.2 0.6

Service-providing industries(4)

168.8 170.0 1.1 1.2 1.1 1.1 1.0 1.0 1.1 1.0 0.7

Trade, transportation, and utilities

172.6 173.9 1.0 1.1 1.1 1.2 1.0 1.5 1.0 0.9 0.8

Wholesale trade

159.2 159.9 0.5 1.2 0.7 1.3 0.8 0.9 1.6 -0.3 0.4

Retail trade

177.8 179.2 1.3 1.1 1.2 1.1 1.1 0.9 0.0 1.4 0.8

Transportation and warehousing

180.2 181.7 0.8 0.8 1.0 1.5 0.8 3.5 2.3 1.5 0.9

Utilities

169.3 171.2 1.0 0.8 1.0 1.3 1.3 1.4 0.4 0.8 1.1

Information

158.0 160.7 1.4 1.6 1.1 0.8 0.3 1.1 0.6 0.1 1.7

Financial activities

163.1 163.6 0.3 1.4 0.1 1.7 1.1 0.6 0.1 1.1 0.3

Finance and insurance

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

Credit intermediation and related activities

163.6 162.9 -1.0 1.4 1.0 0.5 1.5 1.3 1.4 0.1 -0.4

Insurance carriers and related activities

163.5 163.2 1.1 1.2 1.2 1.0 1.2 0.1 0.5 1.7 -0.2

Real estate and rental and leasing

160.8 163.6 0.9 1.1 1.1 1.1 1.4 0.2 0.5 0.8 1.7

Professional and business services

167.7 167.8 1.1 1.1 1.3 0.8 0.9 0.7 1.7 1.0 0.1

Professional, scientific, and technical services

167.7 167.4 1.1 0.9 1.2 0.9 0.7 0.9 1.4 1.0 -0.2

Administrative and support and waste management and remediation services

170.3 171.5 1.3 1.1 1.3 0.9 1.0 0.8 1.3 0.9 0.7

Education and health services

166.2 168.3 1.4 1.4 1.3 1.1 1.4 1.0 1.1 0.9 1.3

Educational services

160.3 162.2 0.9 1.3 1.2 0.7 1.2 1.0 1.6 0.9 1.2

Junior colleges, colleges, universities, and professional schools

156.2 158.4 1.0 1.0 0.9 0.8 1.0 1.0 1.2 0.6 1.4

Health care and social assistance

167.5 169.6 1.5 1.4 1.3 1.2 1.4 1.0 1.0 1.0 1.3

Hospitals

168.2 170.1 1.4 1.6 1.4 1.3 1.2 1.2 1.0 0.9 1.1

Leisure and hospitality

183.7 184.9 1.7 1.3 1.3 1.1 0.8 1.0 0.5 1.4 0.7

Accommodation and food services

187.5 188.7 1.7 1.2 1.4 1.1 0.7 1.0 0.5 1.5 0.6

Other services, except public administration

172.4 173.5 1.3 0.7 1.7 1.4 1.2 1.1 1.8 1.0 0.6

State and local government workers

All workers

155.8 157.3 1.4 1.2 1.0 1.1 1.4 1.1 1.4 1.1 1.0

Industry

Education and health services

153.2 154.7 1.4 1.2 1.0 1.0 1.3 0.9 1.3 1.1 1.0

Educational services

151.8 153.3 1.4 1.1 1.0 1.0 1.2 1.0 1.3 1.0 1.0

Schools

151.8 153.3 1.4 1.1 1.0 1.0 1.2 1.0 1.3 1.0 1.0

Elementary and secondary schools

151.3 152.7 1.4 1.2 0.9 1.1 1.2 1.0 1.3 1.1 0.9

Health care and social assistance

164.7 166.2 1.8 1.4 1.2 1.0 1.5 0.8 1.6 1.0 0.9

Hospitals

163.3 164.8 1.6 1.3 1.3 1.0 1.5 0.7 1.5 1.1 0.9

Public administration

160.8 161.9 1.3 1.1 1.1 1.1 1.7 1.3 1.7 1.3 0.7

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

Last Modified Date: October 31, 2024