Economic News Release

Employment Cost Index news release text


TRANSMISSION OF MATERIAL IN THIS RELEASE IS EMBARGOED UNTIL                                USDL-14-0700
8:30 A.M. (EDT) WEDNESDAY, APRIL 30, 2014


Technical information:   (202) 691-6199  NCSinfo@bls.gov  http://www.bls.gov/ect
Media contact:           (202) 691-5902  PressOffice@bls.gov


                          EMPLOYMENT COST INDEX - MARCH 2014


Compensation costs for civilian workers increased 0.3 percent, seasonally adjusted, for the 3-month 
period ending March 2014, the U.S. Bureau of Labor Statistics reported today. Wages and salaries 
(which make up about 70 percent of compensation costs) increased 0.3 percent, and benefits (which 
make up the remaining 30 percent of compensation) increased 0.4 percent.

Civilian Workers

Compensation costs for civilian workers increased 1.8 percent for the 12-month period ending March 
2014. In March 2013, the increase in compensation costs was 1.9 percent. Prior values for this series, 
which began in June 1982, ranged from 1.4 percent to 7.5 percent. Wages and salaries increased 
1.6 percent for the 12-month period ending March 2014, unchanged from March 2013. Benefit costs 
increased 2.1 percent for the 12-month period ending March 2014, compared with a 2.4 percent increase 
for the 12-month period ending March 2013.  

Private Industry Workers

Compensation costs for private industry workers increased 1.7 percent over the year. In March 2013 
the increase was 1.9 percent. Wages and salaries increased 1.7 percent for the current 12-month period 
ending March 2014, unchanged from March 2013. The increase in the cost of benefits was 1.8 percent 
for the 12-month period ending March 2014. In March 2013, the increase in the cost of benefits was 2.0 
percent. Employer costs for health benefits increased 2.4 percent over the year. In March 2013 the 
increase was 3.0 percent.

Among occupational groups, compensation cost increases for private industry workers for the 
12-month period ending March 2014 ranged from 1.1 percent for service occupations to 1.9 percent for 
management, professional, and related; natural resource, construction, and maintenance; and production, 
transportation, and material moving occupations.  

Among industry supersectors, compensation costs for private industry workers for the current 12-
month period ranged from 0.8 percent for information to a 2.3 percent increase for trade, transportation, 
and utilities.  

State and Local Government Workers

Compensation costs for state and local government workers increased 1.9 percent for the 12-month 
period ending March 2014, unchanged from March 2013. Wages and salaries increased 1.2 percent for 
the 12-month period ending March 2014, compared with 1.0 percent in March 2013. Benefit costs 
increased 3.0 percent in March 2014. In March 2013, the increase was 3.5 percent.

________________

The Employment Cost Index for June 2014 is scheduled to be released on 
Thursday, July 31, 2014, at 8:30 A.M. (EDT).

Information in this release will be made available to sensory impaired individuals upon request-Voice 
phone: (202) 691-5200; Federal Relay Service: (800) 877-8339

This release incorporates annual revisions in seasonally adjusted Employment Cost Index (ECI) data 
for total compensation, wages and salaries, and benefit costs. Seasonally adjusted data for 2009-2013 
were revised to reflect updated seasonal factors.  

BLS news releases, including the ECI, are available through an e-mail subscription service at: 
www.bls.gov/bls/list.htm.

                            Corrections to ECI Data Series

Some Employment Cost Index estimates from September 2012 through March 2013 were corrected on 
June 26, 2013. (Seasonally adjusted estimates were subject to corrections back to March 2008.) For 
further information, see: www.bls.gov/bls/eci_corrections_043013.htm.


______________________________________________________________________________________________

Table A.  Major series of the Employment Cost Index
(Percent change)

Category                     3-month,                        12-month,
                       seasonally adjusted             not seasonally adjusted
                         Dec.       Mar.            Mar.    June    Sep.      Dec.     Mar.
                         2013       2014            2013    2013    2013      2013     2014
______________________________________________________________________________________________
   CIVILIAN WORKERS[1]

Compensation[2]          0.5        0.3             1.9     1.9      1.9       2.0      1.8
Wages and salaries       0.5        0.3             1.6     1.7      1.6       1.9      1.6
Benefits                 0.6        0.4             2.4     2.2      2.2       2.2      2.1

   PRIVATE INDUSTRY

Compensation[2]          0.5        0.3             1.9     1.9      1.9       2.0      1.7
Wages and salaries       0.5        0.2             1.7     1.9      1.8       2.1      1.7
Benefits                 0.4        0.3             2.0     1.9      2.0       1.9      1.8

   STATE AND LOCAL
     GOVERNMENT

Compensation[2]          0.7        0.5             1.9     1.8      1.7       1.9      1.9
Wages and salaries       0.3        0.3             1.0     1.0      0.9       1.1      1.2
Benefits                 1.0        1.7             3.5     3.3      2.9       3.3      3.0
______________________________________________________________________________________________

[1] Includes private industry and State and local government.
[2] Includes wages and salaries and benefits.

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Last Modified Date: April 30, 2014
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