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

Civilian workers

All workers(1)

166.7 168.2 1.2 1.2 1.0 1.1 1.1 1.1 0.9 0.8 0.9

Industry

Goods-producing industries(2)

164.5 165.8 1.0 1.2 0.8 0.9 1.1 1.2 0.3 1.0 0.8

Manufacturing

164.9 166.2 1.0 1.1 0.9 0.8 1.0 1.3 0.7 0.9 0.8

Service-providing industries(3)

167.1 168.7 1.2 1.1 1.1 1.1 1.0 1.2 1.0 0.7 1.0

Education and health services

162.0 163.3 1.4 1.2 1.1 1.3 1.0 1.1 1.0 1.1 0.8

Educational services

154.9 156.0 1.2 1.0 1.0 1.2 0.9 1.4 1.0 1.0 0.7

Elementary and secondary schools

153.1 154.3 1.1 0.9 1.1 1.2 1.0 1.3 1.1 0.9 0.8

Junior colleges, colleges, universities, and professional schools

156.1 157.5 1.0 1.0 0.8 1.2 1.0 1.3 0.9 1.2 0.9

Health care and social assistance

169.3 170.7 1.5 1.3 1.2 1.4 1.0 1.0 0.9 1.3 0.8

Hospitals

169.2 170.9 1.4 1.4 1.3 1.2 1.2 1.1 1.0 1.1 1.0

Public administration

161.9 163.7 1.1 1.1 1.1 1.7 1.3 1.7 1.3 0.7 1.1

Private industry workers

All workers

168.9 170.4 1.2 1.1 1.1 1.0 1.0 1.1 0.8 0.8 0.9

Occupational group

Management, professional, and related

162.7 164.1 1.1 1.1 1.1 1.0 0.8 1.0 0.9 0.7 0.9

Professional and related

163.1 164.5 1.3 1.3 1.2 1.0 1.0 0.9 1.1 0.8 0.9

Management, business, and financial

162.4 163.8 1.1 0.8 1.1 1.0 0.6 1.1 0.7 0.5 0.9

Sales and office

171.0 172.6 1.4 1.2 1.1 0.6 1.1 1.5 0.4 0.3 0.9

Office and administrative support

173.0 174.1 1.4 1.2 1.0 1.0 0.8 1.2 1.2 0.8 0.6

Natural resources, construction, and maintenance

166.7 168.5 1.0 1.4 1.0 1.2 1.3 0.9 1.0 1.2 1.1

Construction, extraction, farming, fishing, and forestry occupations

164.8 166.7 1.1 1.1 1.0 1.0 0.8 0.9 0.9 1.0 1.2

Installation, maintenance, and repair

168.9 170.7 0.9 1.6 1.0 1.4 1.8 0.9 1.1 1.3 1.1

Production, transportation, and material moving

176.6 177.6 0.9 1.2 1.0 0.9 1.7 1.5 1.2 0.9 0.6

Production

171.0 172.4 1.1 1.4 0.9 0.9 1.1 1.4 0.8 1.0 0.8

Transportation and material moving

182.6 183.3 0.8 1.1 1.1 0.9 1.9 1.6 1.3 0.8 0.4

Service occupations

184.5 186.3 1.3 1.3 1.2 1.0 0.8 1.2 1.3 0.9 1.0

Industry

Goods-producing industries(2)

164.6 165.8 1.0 1.2 0.8 0.9 1.1 1.2 0.2 1.1 0.7

Construction

163.6 164.6 1.2 1.5 0.6 1.1 1.1 1.2 -0.8 1.5 0.6

Manufacturing

164.9 166.2 1.0 1.1 0.9 0.8 1.0 1.3 0.7 0.9 0.8

Aircraft manufacturing

164.2 167.2 1.0 0.5 0.9 0.6 0.6 1.2 0.2 0.6 1.8

Service-providing industries(4)

170.0 171.6 1.2 1.1 1.1 1.0 1.0 1.1 1.0 0.7 0.9

Trade, transportation, and utilities

173.9 175.0 1.1 1.1 1.2 1.0 1.5 1.0 0.9 0.8 0.6

Wholesale trade

159.9 161.5 1.2 0.7 1.3 0.8 0.9 1.6 -0.3 0.4 1.0

Retail trade

179.2 180.5 1.1 1.2 1.1 1.1 0.9 0.0 1.4 0.8 0.7

Transportation and warehousing

181.7 181.6 0.8 1.0 1.5 0.8 3.5 2.3 1.5 0.9 0.0

Utilities

171.2 172.8 0.8 1.0 1.3 1.3 1.4 0.4 0.8 1.1 0.9

Information

160.7 161.5 1.6 1.1 0.8 0.3 1.1 0.6 0.1 1.7 0.5

Financial activities

163.6 166.1 1.4 0.1 1.7 1.1 0.6 0.1 1.1 0.3 1.5

Finance and insurance

163.8 166.6 1.4 -0.1 1.9 1.1 0.6 0.0 1.2 0.0 1.7

Credit intermediation and related activities

162.9 166.3 1.4 1.0 0.5 1.5 1.3 1.4 0.1 -0.4 2.1

Insurance carriers and related activities

163.2 165.1 1.2 1.2 1.0 1.2 0.1 0.5 1.7 -0.2 1.2

Real estate and rental and leasing

163.6 164.4 1.1 1.1 1.1 1.4 0.2 0.5 0.8 1.7 0.5

Professional and business services

167.8 169.8 1.1 1.3 0.8 0.9 0.7 1.7 1.0 0.1 1.2

Professional, scientific, and technical services

167.4 169.5 0.9 1.2 0.9 0.7 0.9 1.4 1.0 -0.2 1.3

Administrative and support and waste management and remediation services

171.5 173.6 1.1 1.3 0.9 1.0 0.8 1.3 0.9 0.7 1.2

Education and health services

168.3 169.5 1.4 1.3 1.1 1.4 1.0 1.1 0.9 1.3 0.7

Educational services

162.2 162.8 1.3 1.2 0.7 1.2 1.0 1.6 0.9 1.2 0.4

Junior colleges, colleges, universities, and professional schools

158.4 160.0 1.0 0.9 0.8 1.0 1.0 1.2 0.6 1.4 1.0

Health care and social assistance

169.6 171.0 1.4 1.3 1.2 1.4 1.0 1.0 1.0 1.3 0.8

Hospitals

170.1 171.8 1.6 1.4 1.3 1.2 1.2 1.0 0.9 1.1 1.0

Leisure and hospitality

184.9 187.0 1.3 1.3 1.1 0.8 1.0 0.5 1.4 0.7 1.1

Accommodation and food services

188.7 190.9 1.2 1.4 1.1 0.7 1.0 0.5 1.5 0.6 1.2

Other services, except public administration

173.5 175.9 0.7 1.7 1.4 1.2 1.1 1.8 1.0 0.6 1.4

State and local government workers

All workers

157.3 158.8 1.2 1.0 1.1 1.4 1.1 1.4 1.1 1.0 1.0

Industry

Education and health services

154.7 156.0 1.2 1.0 1.0 1.3 0.9 1.3 1.1 1.0 0.8

Educational services

153.3 154.6 1.1 1.0 1.0 1.2 1.0 1.3 1.0 1.0 0.8

Schools

153.3 154.6 1.1 1.0 1.0 1.2 1.0 1.3 1.0 1.0 0.8

Elementary and secondary schools

152.7 154.0 1.2 0.9 1.1 1.2 1.0 1.3 1.1 0.9 0.8

Health care and social assistance

166.2 168.0 1.4 1.2 1.0 1.5 0.8 1.6 1.0 0.9 1.1

Hospitals

164.8 166.6 1.3 1.3 1.0 1.5 0.7 1.5 1.1 0.9 1.1

Public administration

161.9 163.7 1.1 1.1 1.1 1.7 1.3 1.7 1.3 0.7 1.1

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: January 31, 2025