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Economic News Release
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Table 1. Seasonally adjusted: Employment Cost Index for total compensation, by ownership, occupational group, and industry

Table 1. Employment Cost Index for total compensation(1), by occupational group and industry [Seasonally adjusted]
Occupational group and industry Indexes (Dec.2005=100) Percent changes for 3-months ended-
Dec.
2023
Mar.
2024
Mar.
2022
Jun.
2022
Sep.
2022
Dec.
2022
Mar.
2023
Jun.
2023
Sep.
2023
Dec.
2023
Mar.
2024

Civilian workers

All workers(2)

162.1 164.0 1.4 1.3 1.2 1.1 1.2 1.0 1.0 0.9 1.2

Industry

Goods-producing industries(3)

156.7 158.4 1.3 1.2 1.0 0.9 1.1 0.9 0.9 1.0 1.1

Manufacturing

156.1 158.0 1.6 1.1 1.0 0.9 1.0 0.9 0.8 0.9 1.2

Service-providing industries(4)

163.3 165.2 1.3 1.4 1.2 1.2 1.1 1.1 1.0 0.9 1.2

Education and health services

161.0 162.8 1.2 1.1 1.4 1.3 1.2 1.0 1.3 0.9 1.1

Educational services

159.5 161.3 1.0 1.1 1.4 1.2 1.2 0.9 1.2 0.9 1.1

Elementary and secondary schools

160.0 161.5 1.0 0.9 1.5 1.1 1.2 1.0 1.1 0.9 0.9

Junior colleges, colleges, universities, and professional schools

157.8 159.8 1.0 1.0 1.4 1.1 1.3 0.8 1.2 1.0 1.3

Health care and social assistance

162.5 164.4 1.4 1.3 1.4 1.4 1.2 1.1 1.3 0.9 1.2

Hospitals

162.9 165.1 1.3 1.3 1.4 1.4 1.2 1.1 1.1 1.0 1.4

Nursing and residential care facilities

163.2 165.0 1.6 1.5 2.0 1.2 1.2 1.0 1.5 0.9 1.1

Public administration

166.8 169.6 1.5 1.2 1.4 1.0 1.0 1.2 1.4 1.3 1.7

Private industry workers

All workers

161.9 163.7 1.4 1.5 1.1 1.1 1.2 1.0 0.9 0.9 1.1

Occupational group

Management, professional, and related

157.2 158.8 1.2 1.2 0.8 1.1 1.1 1.0 1.0 0.7 1.0

Management, business, and financial

157.9 159.6 1.2 1.4 0.5 1.0 1.1 1.1 1.0 0.6 1.1

Professional and related

156.8 158.4 1.2 1.2 1.0 1.2 1.2 1.1 1.0 0.9 1.0

Sales and office

165.1 167.4 1.6 2.0 1.1 1.2 1.2 1.1 0.7 0.9 1.4

Sales and related

163.1 165.7 1.8 2.5 0.9 1.3 1.2 1.1 0.4 1.1 1.6

Office and administrative support

166.2 168.1 1.4 1.6 1.2 1.3 1.2 1.0 1.0 0.7 1.1

Natural resources, construction, and maintenance

159.9 161.3 1.1 1.1 0.9 1.0 1.1 1.0 1.2 1.1 0.9

Construction, extraction, farming, fishing, and forestry occupations

158.3 159.7 1.1 0.9 0.9 1.0 0.9 1.0 1.0 0.8 0.9

Installation, maintenance, and repair

161.7 163.2 1.1 1.4 1.0 0.9 1.4 1.0 1.3 1.6 0.9

Production, transportation, and material moving

166.1 168.2 1.5 1.2 1.3 0.8 1.2 1.0 0.9 1.5 1.3

Production

161.6 163.5 1.5 1.3 1.3 1.0 1.2 1.0 0.9 1.1 1.2

Transportation and material moving

171.3 173.6 1.5 1.3 1.2 0.7 1.1 1.1 0.8 1.8 1.3

Service occupations

173.5 175.4 1.9 1.8 1.7 1.2 1.3 1.1 0.9 0.8 1.1

Industry

Goods-producing industries(3)

156.6 158.3 1.3 1.2 1.0 0.9 1.1 0.8 0.9 1.0 1.1

Construction

157.9 159.4 0.7 1.5 1.1 1.0 1.3 0.7 1.1 1.0 0.9

Manufacturing

156.1 158.0 1.6 1.1 1.0 0.9 1.0 0.9 0.8 0.9 1.2

Aircraft manufacturing

135.5 136.9 1.8 0.1 -5.2 1.1 0.8 0.2 0.8 0.7 1.0

Service-providing industries(5)

163.4 165.2 1.4 1.5 1.1 1.2 1.1 1.1 1.0 0.9 1.1

Trade, transportation, and utilities

167.8 169.2 1.4 1.4 1.0 1.0 1.1 1.2 0.9 1.4 0.8

Wholesale trade

159.8 162.1 1.7 1.4 0.8 1.3 0.8 1.3 0.8 0.9 1.4

Retail trade

172.0 171.8 1.4 1.7 1.2 1.1 1.3 1.0 1.1 0.8 -0.1

Transportation and warehousing

169.3 172.5 1.1 0.6 0.8 0.6 1.0 1.4 0.7 3.0 1.9

Utilities

172.6 173.3 0.9 0.7 1.0 1.0 1.1 1.4 1.3 0.9 0.4

Information

158.0 159.4 1.2 1.3 1.2 1.4 1.0 1.0 0.3 1.0 0.9

Financial activities

159.7 160.5 1.4 2.2 0.5 1.2 0.5 1.4 1.0 0.6 0.5

Finance and insurance

160.3 161.1 1.3 2.3 0.4 1.3 0.3 1.4 0.9 0.7 0.5

Credit intermediation and related activities

161.3 163.9 -0.3 3.0 -0.4 1.3 1.4 0.4 1.3 1.1 1.6

Insurance carriers and related activities

160.9 162.1 1.4 1.7 1.1 1.2 1.0 0.9 0.9 0.2 0.7

Real estate and rental and leasing

157.3 158.3 1.7 1.9 0.9 0.9 1.0 1.0 1.2 0.1 0.6

Professional and business services

161.4 163.9 1.1 1.5 1.1 1.0 1.4 0.9 0.9 0.6 1.5

Professional, scientific, and technical services

162.5 164.7 0.9 1.7 1.2 0.9 1.3 0.9 0.7 0.7 1.4

Administrative and support and waste management and remediation services

162.1 163.9 1.6 1.6 1.0 1.2 1.3 0.9 1.0 0.7 1.1

Education and health services

161.1 162.9 1.4 1.3 1.3 1.4 1.2 1.1 1.2 1.0 1.1

Educational services

157.6 159.9 1.3 1.6 0.9 1.3 1.2 0.7 1.2 1.1 1.5

Junior colleges, colleges, universities, and professional schools

156.4 158.3 0.8 1.2 1.0 1.0 0.9 0.7 1.2 0.9 1.2

Health care and social assistance

161.8 163.6 1.4 1.2 1.4 1.4 1.2 1.2 1.3 0.9 1.1

Hospitals

162.7 164.9 1.4 1.3 1.4 1.3 1.3 1.1 1.1 1.1 1.4

Nursing and residential care facilities

161.7 163.5 1.8 1.5 1.9 1.2 1.3 1.0 1.5 0.8 1.1

Leisure and hospitality

173.9 174.7 1.8 1.6 1.7 1.2 1.3 1.0 0.8 0.9 0.5

Accommodation and food services

177.6 178.3 1.9 1.6 1.7 1.2 1.3 1.2 0.6 1.0 0.4

Other services, except public administration

164.9 167.9 1.3 1.0 1.2 0.8 1.6 1.3 1.2 1.0 1.8

State and local government workers

All workers

163.1 165.3 1.1 1.0 1.5 1.1 1.2 1.1 1.3 1.0 1.3

Industry

Education and health services

160.8 162.7 1.0 0.9 1.5 1.2 1.2 1.0 1.2 0.9 1.2

Educational services

160.0 161.7 1.0 0.9 1.5 1.2 1.2 1.0 1.1 0.9 1.1

Schools

159.9 161.6 1.0 0.9 1.5 1.1 1.2 1.0 1.1 0.9 1.1

Elementary and secondary schools

160.4 161.9 1.0 0.9 1.5 1.1 1.2 1.0 1.1 0.9 0.9

Health care and social assistance

167.3 170.2 1.1 1.2 1.7 1.3 1.1 1.0 1.3 0.7 1.7

Hospitals

163.4 166.1 1.1 1.1 1.5 1.2 1.1 1.1 1.4 0.6 1.7

Public administration

166.8 169.6 1.5 1.2 1.4 1.0 1.0 1.2 1.4 1.3 1.7

Footnotes
(1) Includes wages, salaries, and employer costs for employee benefits.
(2) Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government.
(3) Includes mining, construction, and manufacturing.
(4) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; other services, except public administration; and public administration.
(5) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration.

SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey

Last Modified Date: April 30, 2024