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Compensation costs for service workers increased 7.8 percent from March 2021 to March 2022

May 05, 2022

Compensation costs for private industry workers in service occupations increased 7.8 percent from March 2021 to March 2022 after increasing 3.9 percent in the year ended March 2021. Over the same period, compensation costs for private industry workers in all industries and occupations increased 4.8 percent after increasing 2.8 percent for the year ended March 2021. Home health aides, waiters and waitress, childcare workers, and travel guides are a few examples of service occupations.

12-month changes in compensation costs for private industry service workers March 2012–22
Month Service occupations, total compensation Service occupations, wages and salaries Service occupations, total benefits All private industries, total compensation All Private industries, wages and salaries All private industries, total benefits

March 2012

1.3% 1.1% 2.3% 2.1% 1.9% 2.8%

June 2012

1.5 1.4 1.9 1.8 1.8 1.9

September 2012

1.6 1.4 2.4 1.9 1.8 2.2

December 2012

1.7 1.5 2.4 1.8 1.7 2.0

March 2013

1.6 1.6 1.6 1.9 1.7 2.0

June 2013

1.6 1.6 1.8 1.9 1.9 1.9

September 2013

1.4 1.2 1.7 1.9 1.8 2.0

December 2013

1.4 1.3 1.5 2.0 2.1 1.9

March 2014

1.1 1.1 0.9 1.7 1.7 1.8

June 2014

1.1 1.2 0.6 2.0 1.9 2.4

September 2014

1.8 2.1 0.7 2.3 2.3 2.3

December 2014

1.8 2.0 1.0 2.3 2.2 2.5

March 2015

2.3 2.6 1.7 2.8 2.8 2.6

June 2015

2.1 2.2 1.8 1.9 2.2 1.4

September 2015

1.7 1.7 1.8 1.9 2.1 1.4

December 2015

1.7 1.7 1.7 1.9 2.1 1.3

March 2016

2.0 2.0 1.9 1.8 2.0 1.2

June 2016

2.8 3.0 2.2 2.4 2.6 1.7

September 2016

3.2 3.4 2.3 2.3 2.4 1.8

December 2016

3.2 3.5 2.3 2.2 2.3 1.8

March 2017

3.4 3.7 2.3 2.3 2.6 1.9

June 2017

2.9 3.3 2.1 2.4 2.4 2.2

September 2017

2.8 3.0 2.1 2.5 2.6 2.4

December 2017

2.9 3.3 2.0 2.6 2.8 2.3

March 2018

3.2 3.4 2.3 2.8 2.9 2.5

June 2018

3.3 3.6 2.3 2.9 2.9 2.8

September 2018

3.5 3.8 2.4 2.9 3.1 2.5

December 2018

3.6 3.9 2.4 3.0 3.1 2.6

March 2019

3.4 4.0 1.8 2.8 3.0 2.4

June 2019

3.7 4.3 2.3 2.6 3.0 1.8

September 2019

3.5 3.9 1.9 2.7 3.0 2.0

December 2019

3.7 4.3 2.0 2.7 3.0 1.9

March 2020

3.6 4.0 2.0 2.8 3.3 1.6

June 2020

3.4 3.7 2.2 2.7 2.9 2.0

September 2020

3.7 4.1 2.4 2.4 2.7 2.0

December 2020

3.6 3.8 2.4 2.6 2.8 2.1

March 2021

3.9 4.3 2.8 2.8 3.0 2.5

June 2021

4.8 5.5 2.5 3.1 3.5 2.0

September 2021

6.1 6.8 3.3 4.1 4.6 2.6

December 2021

7.1 8.1 3.7 4.4 5.0 2.9

March 2022

7.8 8.6 5.1 4.8 5.0 4.1

The strong growth in service occupations was driven by an increase in wages and salaries which grew 8.6 percent in the year ended March 2022 compared to 4.3 percent for the prior year. Total benefits cost increased by 5.1 percent over the year and increased 2.8 percent for the year ended March 2021.

For private industry workers in all industries and occupations, wages and salaries increased 5.0 percent from March 2021 to March 2022 after increasing 3.0 percent in the prior year. The cost of benefits increased 4.1 percent for the year ended March 2022 and increased 2.5 percent in March 2021..

These data are from the Employment Cost Trends program and are not seasonally adjusted. To learn more, see "Employment Cost Index — March 2022." We also have more charts on the Employment Cost Index.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs for service workers increased 7.8 percent from March 2021 to March 2022 at https://www.bls.gov/opub/ted/2022/compensation-costs-for-service-workers-increased-7-8-percent-from-march-2021-to-march-2022.htm (visited November 29, 2022).

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