Estimates of Year‐to‐Year Change in Costs Per Hour Worked From the Employer Costs for Employee Compensation Survey

Martha Walker


The Bureau of Labor Statistics (BLS) annually publishes cost level estimates for employee pay and benefits, known as the Employer Costs for Employee Compensation (ECEC). These cost levels are derived from the Employment Cost Index (ECI), a quarterly measure of the rate of change in employee compensation. Unlike the ECI, which is a Laspeyres, fixed-weight index that eliminates the effects of employment shifts over time among major occupational groups and industries, the ECEC cost level estimates reflect current employment distributions.