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Compensation costs for private industry workers increased 2.6 percent from June 2018 to June 2019. Compensation costs for service occupations rose 3.7 percent, the largest increase of any private industry occupational group. The smallest increase in compensation costs was 2.1 percent in natural resources, construction, and maintenance occupations.
Occupational Group | 12-month percent change |
---|---|
All private industry workers |
2.6% |
Management, professional, and related |
2.3 |
Management, business, and financial |
2.5 |
Professional and related |
2.1 |
Sales and office |
2.9 |
Sales and related |
3.0 |
Office and administrative support |
2.9 |
Natural resources, construction, and maintenance |
2.1 |
Construction, extraction, farming, fishing, and forestry occupations |
2.5 |
Installation, maintenance, and repair |
1.6 |
Production, transportation, and material moving |
3.0 |
Production |
2.5 |
Transportation and material moving |
3.5 |
Service occupations |
3.7 |
These data are from the Employment Cost Trends program and are not seasonally adjusted. To learn more, see “Employment Cost Index — June 2019.” We also have more charts on the Employment Cost Index. Compensation cost includes wages and salaries and benefits. Private industry workers excludes employees of state and local government.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs for service occupations increased 3.7 percent from June 2018 to June 2019 at https://www.bls.gov/opub/ted/2019/compensation-costs-for-service-occupations-increased-3-point-7-percent-from-june-2018-to-june-2019.htm (visited December 08, 2024).