Table 9. Wages and salaries (not seasonally adjusted): Employment Cost Index for wages and salaries, for private industry workers, by occupational group and industry

Table 9. Employment Cost Index for wages and salaries, for private industry workers, by occupational group and industry [Not seasonally adjusted]
Occupational group and industry	Index value (Dec. 2005=100)			Percent changes for
	Dec. 2022	Sep. 2023	Dec. 2023	3-months ended-			12-months ended-
	Dec. 2022	Sep. 2023	Dec. 2023	Dec. 2022	Sep. 2023	Dec. 2023	Dec. 2022	Sep. 2023	Dec. 2023
All workers	157.4	162.9	164.1	1.0	1.0	0.7	5.1	4.5	4.3
Excluding incentive paid occupations(1)	156.7	162.3	163.5	0.9	0.9	0.7	5.2	4.5	4.3
Occupational group
Management, professional, and related	152.0	157.6	158.2	0.8	1.2	0.4	4.3	4.5	4.1
Excluding incentive paid occupations(1)	150.5	155.9	156.7	0.8	1.0	0.5	4.4	4.4	4.1
Management, business, and financial	152.8	158.0	158.3	0.7	1.1	0.2	3.9	4.1	3.6
Excluding incentive paid occupations(1)	150.2	155.3	155.8	0.5	0.8	0.3	4.3	3.9	3.7
Professional and related	151.5	157.3	158.4	1.0	1.1	0.7	4.6	4.9	4.6
Sales and office	161.3	166.3	167.8	1.2	0.6	0.9	6.2	4.3	4.0
Excluding incentive paid occupations(1)	162.0	168.1	169.2	1.1	0.8	0.7	5.7	4.9	4.4
Sales and related	160.3	164.5	166.5	1.3	0.2	1.2	6.8	3.9	3.9
Excluding incentive paid occupations(1)	163.4	169.5	170.8	1.0	0.6	0.8	6.0	4.8	4.5
Office and administrative support	160.6	166.4	167.4	1.1	1.0	0.6	5.7	4.8	4.2
Natural resources, construction, and maintenance	153.9	159.7	161.5	0.9	1.1	1.1	4.6	4.7	4.9
Construction, extraction, farming, fishing, and forestry occupations	153.7	159.0	159.9	0.9	1.0	0.6	4.4	4.3	4.0
Installation, maintenance, and repair	154.2	160.6	163.4	0.9	1.3	1.7	4.8	5.0	6.0
Production, transportation, and material moving	161.9	167.2	169.9	0.9	0.8	1.6	5.2	4.2	4.9
Excluding incentive paid occupations(1)	161.6	167.0	169.8	0.9	0.8	1.7	5.2	4.3	5.1
Production	158.3	163.6	165.3	1.0	0.7	1.0	5.5	4.4	4.4
Excluding incentive paid occupations(1)	158.7	164.0	165.7	1.0	0.7	1.0	5.4	4.4	4.4
Transportation and material moving	167.2	172.6	176.0	0.8	1.0	2.0	5.0	4.1	5.3
Service occupations	170.7	177.1	178.2	1.1	1.0	0.6	7.0	4.9	4.4
Industry and occupational group
Goods-producing industries(2)	153.9	158.6	160.2	1.0	0.6	1.0	5.0	4.1	4.1
Excluding incentive paid occupations(1)	153.5	158.2	159.4	0.9	0.6	0.8	4.8	3.9	3.8
Management, professional, and related	148.2	152.4	152.9	0.7	0.3	0.3	3.9	3.5	3.2
Sales and office	163.2	168.6	174.5	2.1	0.2	3.5	7.1	5.4	6.9
Natural resources, construction, and maintenance	153.4	158.7	159.7	0.9	1.0	0.6	4.4	4.3	4.1
Production, transportation, and material moving	157.0	161.7	163.4	1.0	0.6	1.1	5.7	4.0	4.1
Construction	153.6	158.7	160.5	1.1	0.7	1.1	4.8	4.5	4.5
Manufacturing	153.9	158.4	159.7	0.9	0.6	0.8	5.1	3.9	3.8
Management, professional, and related	148.9	153.0	153.8	0.6	0.3	0.5	3.8	3.4	3.3
Sales and office	158.0	162.8	164.0	1.4	0.6	0.7	6.8	4.5	3.8
Natural resources, construction, and maintenance	154.2	159.4	161.1	1.2	0.9	1.1	4.5	4.7	4.5
Production, transportation, and material moving	157.0	161.7	163.4	1.0	0.6	1.1	5.8	4.1	4.1
Aircraft manufacturing	155.9	159.9	159.9	0.4	0.1	0.0	3.8	3.0	2.6
Service-providing industries(3)	158.3	164.0	165.2	0.9	1.0	0.7	5.2	4.5	4.4
Excluding incentive paid occupations(1)	157.5	163.4	164.6	0.9	1.1	0.7	5.1	4.7	4.5
Management, professional, and related	152.6	158.3	159.0	0.8	1.2	0.4	4.3	4.6	4.2
Sales and office	161.1	166.0	167.1	1.1	0.7	0.7	6.1	4.2	3.7
Natural resources, construction, and maintenance	154.5	161.2	164.2	0.8	1.4	1.9	4.7	5.2	6.3
Production, transportation, and material moving	166.9	172.6	176.0	0.8	1.0	2.0	4.8	4.3	5.5
Service occupations	170.7	177.2	178.3	1.1	1.1	0.6	7.0	4.9	4.5
Trade, transportation, and utilities	161.2	166.8	169.0	0.9	0.8	1.3	4.9	4.4	4.8
Excluding incentive paid occupations(1)	160.8	166.9	169.4	0.9	0.9	1.5	5.0	4.7	5.3
Wholesale trade	150.8	155.9	156.5	0.7	0.5	0.4	5.0	4.1	3.8
Excluding incentive paid occupations(1)	152.8	158.5	159.1	0.8	0.8	0.4	5.2	4.6	4.1
Retail trade	167.8	173.9	175.0	1.0	0.9	0.6	5.5	4.7	4.3
Excluding incentive paid occupations(1)	165.2	172.0	173.1	0.8	0.9	0.6	5.7	4.9	4.8
Transportation and warehousing	162.5	167.6	174.0	1.1	1.0	3.8	3.5	4.2	7.1
Utilities	158.6	164.8	166.7	0.6	1.0	1.2	3.4	4.5	5.1
Information	151.4	155.1	156.5	1.4	0.0	0.9	4.9	3.9	3.4
Financial activities	155.2	160.8	160.7	0.7	1.1	-0.1	5.0	4.3	3.5
Excluding incentive paid occupations(1)	153.5	159.0	159.2	0.5	0.5	0.1	5.1	4.1	3.7
Finance and insurance	155.9	161.3	161.3	0.7	0.9	0.0	4.8	4.2	3.5
Credit intermediation and related activities	153.9	160.3	160.6	0.3	1.6	0.2	2.1	4.5	4.4
Excluding incentive paid occupations(1)	156.2	161.8	162.0	0.5	0.6	0.1	5.9	4.1	3.7
Insurance carriers and related activities	153.7	160.0	159.0	0.5	0.8	-0.6	5.1	4.6	3.4
Excluding incentive paid occupations(1)	149.7	155.4	155.7	0.5	0.4	0.2	4.2	4.4	4.0
Real estate and rental and leasing	152.2	158.5	158.0	0.6	1.4	-0.3	5.8	4.8	3.8
Excluding incentive paid occupations(1)	157.1	162.8	162.4	0.8	1.0	-0.2	5.7	4.4	3.4
Professional and business services	157.0	162.4	162.8	0.7	1.1	0.2	5.0	4.2	3.7
Professional, scientific, and technical services	157.5	162.8	163.2	0.4	1.1	0.2	4.7	3.8	3.6
Administrative and support and waste management and remediation services	159.8	165.5	166.2	0.8	1.0	0.4	5.8	4.4	4.0
Education and health services	155.4	161.4	163.0	1.4	1.5	1.0	5.6	5.3	4.9
Educational services	150.3	155.5	156.6	0.9	2.1	0.7	5.1	4.4	4.2
Junior colleges, colleges, universities, and professional schools	148.0	152.7	153.6	0.6	2.0	0.6	3.9	3.8	3.8
Health care and social assistance	156.5	162.7	164.4	1.5	1.4	1.0	5.7	5.5	5.0
Hospitals	156.7	162.8	164.9	1.6	1.1	1.3	5.7	5.5	5.2
Nursing and residential care facilities	159.6	166.4	167.8	1.4	1.7	0.8	7.2	5.7	5.1
Nursing care facilities(1)	158.9	165.9	167.4	1.7	1.8	0.9	7.7	6.2	5.3
Leisure and hospitality	172.3	178.8	179.4	0.7	0.8	0.3	6.6	4.5	4.1
Accommodation and food service	175.8	182.4	183.1	0.6	0.6	0.4	6.5	4.4	4.2
Other services, except public administration	158.4	165.8	167.0	0.3	1.1	0.7	4.3	5.0	5.4
Footnotes (1) The index for this series is not strictly comparable with other series in this table. (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; and other services, except public administration.
SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey

Table of Contents

Last Modified Date: January 31, 2024