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EMPLOYER COMPENSATION COSTS ROSE 4.1 PERCENT IN THE WEST FOR THE YEAR ENDING MARCH 1992

 EMPLOYER COMPENSATION COSTS ROSE 4.1 PERCENT IN THE WEST
 FOR THE YEAR ENDING MARCH 1992
 SAN FRANCISCO, May 7 /PRNewswire/ -- The Employment Cost Index (ECI) for private industry workers rose 4.1 percent in the West from March 1991 to March 1992, according to Sam Hirabayashi, Regional Commissioner of the U.S. Department of Labor's Bureau of Labor Statistics. He said that a 3.6 percent increase in wages and salaries accounted for most of the 4.1 percent rise in compensation. Wages and salaries in the West had increased 3.8 percent in the year ending March 1991.
 The 4.1 percent rise in compensation was slightly less than the 4.2 percent increase for private industry workers in the Nation during this period. It was also less than the 4.9 percent advance in the Midwest, but was the same as the 4.1 percent increase in the Northeast, and greater than the 3.8 percent gain in the South. The 4.1 percent rise in compensation in the West was less than the 4.3 percent increase for the year ending December 1991 but the same as the 4.1 percent rise in compensation for the 12 months ending March 1991.
 Employer costs for total compensation rose 0.9 percent in the first quarter of 1992 in the West, compared to a 1.3 percent increase in the nation. The 0.9 percent advance in the West was under the 1.4 percent increase in the Midwest and the 1.2 percent advances in both the Northeast and the South in the latest quarterly period. The ECI for the West is not seasonally adjusted.
 In the five-year span from March 1987 to March 1992, total compensation in the West increased 21.0 percent, below the 24.3 percent increase in the Nation and advances in the other regions where increases ranged from 22.7 percent in the South to 28.8 percent in the Northeast.
 For wages and salaries alone, (exclusive of fringe benefits), the ECI for private industry workers in the West rose 0.7 percent in the first quarter of 1992. This was slightly under the 0.8 percent increase in the Nation during this period and less than the 1.1 percent hike in the South, but the same as the 0.7 percent advances in both the Northeast and the Midwest.
 In the year ending March 1992, Western wages and salaries rose 3.6 percent, compared to 3.8 percent hikes for both the years ending December 1991 and March 1991. The over-the-year increase in the West was the same as the 3.6 percent advance in the Midwest, but greater than the 3.4 percent rise in the nation and the 3.1 percent and 3.2 percent increases in the Northeast and South respectively.
 The 3.6 percent advance in wage and salary costs from March 1991 to March 1992 was less than the 3.9 percent increase in the Consumer Price Index (CPI-U) for the West during this period. During the past five years, the 18.2 percent rise in wage and salary costs was well under the 24.9 percent increase in the CPI in the region during this span.
 -0- 5/7/92
 /CONTACT: Sam Hirabayashi, 415-744-7166 or Leon Bornstein, 415-744-7163, both of U.S. Department of Labor Bureau of Labor Statistics/ CO: U.S. Department of Labor Bureau of Labor Statistics ST: IN: SU:


RM -- SF003 -- 7538 05/07/92 10:42 EDT
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Publication:PR Newswire
Date:May 7, 1992
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