Tuesday, October 31, 2023

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_10312023.pdf. Highlights are below.

Compensation costs up 1.1% Jun 2023 to Sep 2023 and up 4.3% over the year ending Sep 2023

10/31/2023

Compensation costs increased 1.1 percent for civilian workers, seasonally adjusted, from June 2023 to September 2023. Over the year, total compensation rose 4.3 percent, wages and salaries rose 4.6 percent, and benefit costs rose 4.1 percent.

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