Friday, July 31, 2020

Employment Cost Index News Release

Bureau of Labor Statistics
The latest Employment Cost Index news release has been posted on the BLS website at https://www.bls.gov/news.release/pdf/eci.pdf and also archived at https://www.bls.gov/news.release/archives/eci_07312020.pdf. Highlights are below.

Compensation costs up 0.5% Mar 2020 to Jun 2020 and up 2.7% over the year ending Jun 2020

07/31/2020

Compensation costs rose 0.5 percent for civilian workers, seasonally adjusted, from March 2020 to June 2020. Over the year, compensation rose 2.7 percent, with wages and salaries rising 2.9 percent and benefit costs increasing 2.2 percent.

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