Tuesday, April 30, 2024

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_04302024.pdf. Highlights are below.

Compensation costs up 1.2% Dec 2023 to Mar 2024 and up 4.2% over the year ending Mar 2024

04/30/2024

Compensation costs increased 1.2 percent for civilian workers, seasonally adjusted, from December 2023 to March 2024. Over the year, total compensation rose 4.2 percent, wages and salaries rose 4.4 percent, and benefit costs rose 3.7 percent.

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