Printer Friendly

Employment cost index--private industry.

EMPLOYMENT COST INDEX--PRIVATE INDUSTRY

                  Index (December 2005 = 100)

Period         Total
             compensa-   Wages and
               tion      salaries    Benefits (1)

                    Not seasonally adjusted

1999: Dec        80.2        83.5           72.6
2000: Dec        83.6        86.7           76.7
2001: Dec        87.3        89.9           81.3
2002: Dec        90.0        92.2           84.7
2003: Dec        93.6        95.1           90.2
2004: Dec        97.2        97.6           96.2
2005: Dec       100.0       100.0          100.0
2006: Dec       103.2       103.2          103.1
2007: Dec       106.3       106.6          105.6
2008: Dec       108.9       109.4          107.7

                     Seasonally adjusted

2006: Mar       100.8       100.8          100.8
      June      101.6       101.6          101.6
      Sept      102.5       102.5          102.5
      Dec       103.3       103.3          103.4

2007: Mar       104.0       104.3          103.1
      June      104.8       105.0          104.2
      Sept      105.6       105.9          104.9
      Dec       106.5       106.7          105.9

2008: Mar       107.2       107.6          106.5
      June      107.9       108.4          106.9
      Sept      108.6       109.1          107.5
      Dec       109.1       109.6          107.9

2009: Mar       109.3       109.8          108.1
      June      109.5       110.0          108.3

                      Percent change from

                       3 months earlier

Period         Total
             compensa-   Wages and
               tion      salaries    Benefits (1)

                    Not seasonally adjusted

1999: Dec         ...         ...            ...
2000: Dec         ...         ...            ...
2001: Dec         ...         ...            ...
2002: Dec         ...         ...            ...
2003: Dec         ...         ...            ...
2004: Dec         ...         ...            ...
2005: Dec         ...         ...            ...
2006: Dec         ...         ...            ...
2007: Dec         ...         ...            ...
2008: Dec         ...         ...            ...

                     Seasonally adjusted

2006: Mar         0.6         0.7            0.5
      June         .8          .8             .8
      Sept         .9          .9             .9
      Dec          .8          .8             .9

2007: Mar          .7         1.0            -.3
      June         .8          .7            1.1
      Sept         .8          .9             .7
      Dec          .9          .8            1.0

2008: Mar          .7          .8             .6
      June         .7          .7             .4
      Sept         .6          .6             .6
      Dec          .5          .5             .4

2009: Mar          .2          .2             .2
      June         .2          .2             .2

                     Percent change from

                      12 months earlier

Period         Total
             compensa-   Wages and
               tion      salaries    Benefits (1)

                    Seasonally adjusted

1999: Dec         3.5         3.6            3.4
2000: Dec         4.2         3.8            5.6
2001: Dec         4.1         3.8            5.2
2002: Dec         3.1         2.6            4.2
2003: Dec         4.0         3.1            6.5
2004: Dec         3.8         2.6            6.7
2005: Dec         2.9         2.5            4.0
2006: Dec         3.2         3.2            3.1
2007: Dec         3.0         3.3            2.4
2008: Dec         2.4         2.6            2.0

                    Not seasonally adjusted

2006: Mar         2.6         2.4            3.0
      June        2.8         2.8            2.7
      Sept        3.0         3.0            2.8
      Dec         3.2         3.2            3.1

2007: Mar         3.2         3.6            2.2
      June        3.1         3.3            2.6
      Sept        3.1         3.4            2.4
      Dec         3.0         3.3            2.4

2008: Mar         3.2         3.2            3.2
      June        3.0         3.1            2.6
      Sept        2.8         2.9            2.4
      Dec         2.4         2.6            2.0

2009: Mar         1.9         2.0            1.6
      June        1.5         1.6            1.3

(1) Employer costs for employee benefits.

NOTE.--The employment cost index is a measure of the change in the
cost of labor, free from the influence of employment shifts among
occupations and industries.

Data exclude farm and household workers.

Data beginning 2001 are based on the 2002 North American Industry
Classification (NAICS); data prior to 2001 are based on the Standard
Industrial Classification (SIC). For details on industry
classification and other details see Employment Cost Index, release
dated April 28, 2006.

Source: Department of Labor, Bureau of Labor Statistics.
COPYRIGHT 2009 Superintendent of Documents
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2009 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:EMPLOYMENT, UNEMPLOYMENT, AND WAGES
Publication:Economic Indicators
Date:Jul 1, 2009
Words:601
Previous Article:Average weekly hours, hourly earnings, and weekly earnings: private nonagricultural industries.
Next Article:Productivity and related data, business sector.
Topics:


Related Articles
Employment Cost Index series to replace Hourly Earnings Index.
The Employment Cost Index.
Comparative indicators.
Comparative indicators.
Notes on current labor statistics.
Employment cost index--private industry.
Employment cost index--private industry.
Notes on current labor statistics.
Notes on current labor statistics.
Comparative indicators.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters