Wednesday, July 31, 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_07312024.pdf. Highlights are below.

Compensation costs up 0.9% Mar 2024 to Jun 2024 and up 4.1% over the year ending Jun 2024

07/31/2024

Compensation costs increased 0.9 percent for civilian workers, seasonally adjusted, from March 2024 to June 2024. Over the year, total compensation rose 4.1 percent, wages and salaries rose 4.2 percent, and benefit costs rose 3.8 percent.

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