August 02, 2011
Compensation costs for private industry workers increased 2.3 percent for the 12-month period ending June 2011, compared to the 1.9-percent increase for the 12-month period ending June 2010.
Among industry supersectors, compensation cost increases for private industry workers for the current 12-month period ranged from 1.1 percent for leisure and hospitality to 3.3 percent for manufacturing.
Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending June 2011 ranged from 1.8 percent for service occupations to 2.7 percent for production, transportation and material moving occupations.
These data are from the BLS Employment Cost Trends program. To learn more, see "Employment Cost Index — June 2011" (HTML) (PDF), news release USDL-11-1113. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, 12-month private industry compensation costs, June 2011 on the Internet at http://www.bls.gov/opub/ted/2011/ted_20110802.htm (visited May 01, 2016).
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
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.