May 01, 2001
In State and local government, compensation costs increased 3.3 percent for the year ended March 2001; over-the-year increases were 3.6 percent in March 2000 and 2.9 percent in March 1999.
The March 2001 over-the-year increase in wages and salaries was 3.5 percent in State and local government, compared with a 3.8-percent increase recorded for March 2000.
The 12-month gain in benefit costs for March 2001 was 2.8 percent; in March 2000, the gain was 3.2 percent.
These data are from the BLS Employment Cost Trends program. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits. Learn more in "Employment Cost Index—March 2001," news release USDL 01-113.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, State and local government employment costs up 3.3 percent over the year on the Internet at http://www.bls.gov/opub/ted/2001/apr/wk5/art02.htm (visited November 29, 2015).
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.