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== Employment compensation index == | == Employment compensation index == | ||
[[File:Screenshot 2023-07-28 104610.png|center|thumb|880x880px|https://fred.stlouisfed.org/series/ECIWAG]] | [[File:Screenshot 2023-07-28 104610.png|center|thumb|880x880px|https://fred.stlouisfed.org/series/ECIWAG]] | ||
{| class="wikitable" | |||
! rowspan="2" |Date | |||
! colspan="3" |Employment Cost Index: Total compensation: All Civilian<ref>https://fred.stlouisfed.org/series/ECIALLCIV</ref> | |||
! colspan="3" |Employment Cost Index: Wages and salaries for All Civilian <ref>https://fred.stlouisfed.org/series/CIS1020000000000I</ref> | |||
! colspan="3" |Employment Cost Index: Total benefits for All Civilian<ref>https://fred.stlouisfed.org/series/CIU1030000000000I</ref> | |||
|- | |||
!Index Dec 2005=100 SA | |||
!Q/Q | |||
!Y/Y | |||
!Index Dec 2005=100 SA | |||
!Q/Q | |||
!Y/Y | |||
!Index Dec 2005=100 SA | |||
!Q/Q | |||
!Y/Y | |||
|- | |||
|2023-07-01 | |||
|161 | |||
|1.07 | |||
|4.42 | |||
|161 | |||
|1.20 | |||
|4.56 | |||
|161 | |||
|0.88 | |||
|4.07 | |||
|- | |||
|2023-04-01 | |||
|159 | |||
|1.02 | |||
|4.54 | |||
|159 | |||
|0.95 | |||
|4.62 | |||
|160 | |||
|0.88 | |||
|4.24 | |||
|- | |||
|2023-01-01 | |||
|157 | |||
|1.16 | |||
|4.86 | |||
|157 | |||
|1.16 | |||
|5.01 | |||
|158 | |||
|1.54 | |||
|4.49 | |||
|- | |||
|2022-10-01 | |||
|156 | |||
|1.10 | |||
|5.06 | |||
|155 | |||
|1.17 | |||
|5.07 | |||
|156 | |||
|0.71 | |||
|4.91 | |||
|- | |||
|2022-07-01 | |||
|154 | |||
|1.18 | |||
|5.05 | |||
|154 | |||
|1.25 | |||
|5.07 | |||
|155 | |||
|1.04 | |||
|4.95 | |||
|- | |||
|2022-04-01 | |||
|152 | |||
|1.33 | |||
|5.11 | |||
|152 | |||
|1.34 | |||
|5.20 | |||
|153 | |||
|1.12 | |||
|4.79 | |||
|- | |||
|2022-01-01 | |||
|150 | |||
|1.35 | |||
|4.45 | |||
|150 | |||
|1.22 | |||
|4.69 | |||
|152 | |||
|1.95 | |||
|4.05 | |||
|- | |||
|2021-10-01 | |||
|148 | |||
|1.09 | |||
|4.00 | |||
|148 | |||
|1.16 | |||
|4.53 | |||
|149 | |||
|0.75 | |||
|2.84 | |||
|- | |||
|2021-07-01 | |||
|147 | |||
|1.24 | |||
|3.61 | |||
|146 | |||
|1.39 | |||
|4.13 | |||
|148 | |||
|0.89 | |||
|2.50 | |||
|- | |||
|2021-04-01 | |||
|145 | |||
|0.70 | |||
|2.92 | |||
|144 | |||
|0.84 | |||
|3.22 | |||
|146 | |||
|0.41 | |||
|2.24 | |||
|- | |||
|2021-01-01 | |||
|144 | |||
|0.91 | |||
|2.64 | |||
|143 | |||
|1.06 | |||
|2.73 | |||
|146 | |||
|0.76 | |||
|2.46 | |||
|- | |||
|2020-10-01 | |||
|142 | |||
|0.71 | |||
|2.52 | |||
|141 | |||
|0.78 | |||
|2.61 | |||
|145 | |||
|0.42 | |||
|2.34 | |||
|- | |||
|2020-07-01 | |||
|141 | |||
|0.57 | |||
|2.46 | |||
|140 | |||
|0.50 | |||
|2.56 | |||
|144 | |||
|0.63 | |||
|2.27 | |||
|- | |||
|2020-04-01 | |||
|141 | |||
|0.43 | |||
|2.63 | |||
|140 | |||
|0.36 | |||
|2.87 | |||
|143 | |||
|0.63 | |||
|2.22 | |||
|- | |||
|2020-01-01 | |||
|140 | |||
|0.79 | |||
|2.87 | |||
|139 | |||
|0.94 | |||
|3.19 | |||
|142 | |||
|0.64 | |||
|2.08 | |||
|- | |||
|2019-10-01 | |||
|139 | |||
|0.65 | |||
|2.66 | |||
|138 | |||
|0.73 | |||
|2.91 | |||
|141 | |||
|0.36 | |||
|2.24 | |||
|} | |||
=== Q3 2023 === | |||
The Employment Cost Index (ECI), the broadest measure of labor costs, rose 1.1% last quarter after increasing 1.0% in the April-June period, the Labor Department's Bureau of Labor Statistics reported. Economists polled by Reuters had forecast the ECI would rise 1.0%.<ref>https://www.bls.gov/news.release/pdf/eci.pdf</ref> | |||
[[File:Screenshot 2023-10-31 132116.png|center|thumb|809x809px]] | |||
=== Q2 2023 === | |||
[[File:Screenshot 2023-07-28 105235.png|center|thumb|498x498px|https://www.bls.gov/news.release/pdf/eci.pdf]] | |||
Compensation costs for civilian workers in the United States increased by 1.0 percent during the second quarter of 2023, easing from a 1.2 percent rise in the previous three-month period and slightly missing market expectations of a 1.1 percent advance. | |||
* Compensation costs for civilian workers increased 4.5 percent for the 12-month period ending in June 2023 and increased 5.1 percent in June 2022 | |||
* Wages and salaries increased 4.6 percent for the 12-month period ending in June 2023 and increased 5.3 percent for the 12-month period ending in June 2022 | |||
* Benefit costs increased 4.2 percent over the year and increased 4.8 percent for the 12- month period ending in June 2022. | |||
=== Q1 2023 === | === Q1 2023 === | ||
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* Compensation costs for civilian workers increased 4.8 percent for the 12-month period ending in March 2023. Wages and salaries increased 5.0 percent for the 12-month period ending in March 2023, and nenefit costs increased 4.5 percent over the year. | * Compensation costs for civilian workers increased 4.8 percent for the 12-month period ending in March 2023. Wages and salaries increased 5.0 percent for the 12-month period ending in March 2023, and nenefit costs increased 4.5 percent over the year. | ||
* Private wages and salaries increased 5.1 percent | * Private wages and salaries increased 5.1 percent | ||
* | * | ||