Key data points
Last release
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Observation period
Q2 2024
Next release
—
Forecast
—
Highest
1.60% on Sep 30, 1982
Lowest
0.20% on Jun 30, 2015
About United States Employment Cost Index Wages
The Employment Cost Index (ECI) is a measure of the change in the cost of labor, independent of the influence of employment shifts among occupations and industry categories. The total compensation series includes changes in wages and salaries and in employer costs for employee benefits. The ECI calculates indexes of total compensation, wages and salaries, and benefits separately for all civilian workers in the United States, for private industry workers, and for workers in state and local government.