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The Economics Daily
50 years of the Employment Cost Index
June 18, 2026
The Employment Cost Index (ECI) issued its first news release 50 years ago today, covering wage and salary changes from September 1975 to March 1976. For the first time, the ECI provided a measure of compensation costs unaffected by shifts in relative employment levels in different industries, occupations, and geographic areas. Full Text ยป
Recent TED articles
- Consumer prices up 4.2 percent over the year ended May 2026
- Unemployment rate unchanged at 4.3 percent in May 2026
- Productivity up 0.3 percent in first quarter 2026
- Total nonfarm payroll employment increased by 172,000 in May 2026
Monthly Labor Review
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From typewriters to telecommuting: insights from the National Longitudinal Survey of Youth 1979 on four decades of remote work |
Beyond the Numbers
Career Outlook
Spotlight on Statistics
- A Look at a Thrilling Industry: Amusement and Theme Parks
- Unemployment Duration in the Pandemic: A Look at Jobseeker Demographics
- Economic trends: home and community-based care versus institution-based care
