United States Employment Cost Index QoQ  1982-2017 | Data | Chart

Compensation costs for civilian workers increased 0.7 percent in the third quarter of 2017, following a 0.5 percent rise in the previous period and beating market expectations of 0.6 percent. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.7 percent (vs 0.5 percent in Q2) and benefits, which make up the remaining 30 percent of compensation, rose 0.8 percent (vs 0.6 percent in Q2). Year-on-year, compensation costs for civilian workers increased 2.5 percent. Employment Cost Index in the United States averaged 0.81 percent from 1982 until 2017, reaching an all time high of 1.60 percent in the third quarter of 1982 and a record low of 0.20 percent in the second quarter of 2015.

United States Employment Cost Index QoQ
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Calendar GMT Actual Previous Consensus TEForecast
2017-04-28 12:30 PM Employment Cost Index QoQ 0.8% 0.5% 0.6% 0.6%
2017-07-28 12:30 PM Employment Cost Index QoQ 0.5% 0.8% 0.6% 0.6%
2017-10-31 12:30 PM Employment Cost Index QoQ 0.7% 0.5% 0.6% 0.6%
2018-01-31 01:30 PM Employment Cost Index QoQ
2018-04-28 12:30 PM Employment Cost Index QoQ
2018-07-28 12:30 PM Employment Cost Index QoQ


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.10 10.80 2.50 percent [+]
Non Farm Payrolls 228.00 244.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 221.00 247.00 1089.00 -816.00 Thousand [+]
Government Payrolls 7.00 -3.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 31.00 23.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 236.00 238.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1908.00 1960.00 6635.00 988.00 Thousand [+]
ADP Employment Change 190.00 235.00 384.00 -846.00 Thousand [+]
Employed Persons 153918.00 153861.00 154345.00 57635.00 Thousand [+]
Unemployed Persons 6610.00 6520.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 -0.10 0.60 -0.20 percent [+]
Average Weekly Hours 34.50 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.70 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.08 1.08 2.80 1.01 percent [+]
Youth Unemployment Rate 9.00 9.10 19.50 7.80 percent [+]
Labour Costs 108.36 108.42 109.07 17.12 Index Points [+]
Productivity 108.87 108.07 108.87 27.60 Index Points [+]
Job Vacancies 6114.00 6200.00 6502.00 2132.00 Thousand [+]
Job Offers 5996.00 6177.00 6177.00 2196.00 Thousand [+]
Challenger Job Cuts 35038.00 29831.00 248475.00 15100.00 Persons [+]
Wages 22.24 22.22 22.24 2.50 USD/Hour [+]
Wage Growth 3.22 2.75 13.77 -5.77 percent [+]
Wages in Manufacturing 21.10 21.07 21.10 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.70 0.50 1.60 0.20 percent [+]
Labor Market Conditions Index 1.50 3.30 32.00 -48.40 Index Points [+]
Population 324.30 322.06 324.30 76.09 Million [+]
Retirement Age Women 66.00 66.00 66.00 66.00 [+]
Retirement Age Men 66.00 66.00 66.00 66.00 [+]
Employment Rate 60.10 60.20 64.70 55.00 percent [+]
Part Time Employment 27110.00 27235.00 28134.00 10086.00 Thousand [+]
Living Wage Family 2240.00 2150.00 2240.00 2120.00 USD/Month [+]
Living Wage Individual 1540.00 1460.00 1540.00 1420.00 USD/Month [+]
Full Time Employment 126827.00 126667.00 126827.00 64640.00 Thousand [+]
Wages High Skilled 4290.00 4120.00 4320.00 3640.00 USD/Month [+]
Wages Low Skilled 2090.00 1830.00 2100.00 1650.00 USD/Month [+]


United States Employment Cost Index QoQ

Employment Cost Index measures the growth of employee compensation (wages and benefits). The ECI is based on a survey of employer payrolls in the final month of each quarter. The index tracks movement in the cost of labor, including wages, fringe benefits and bonuses for employees at all levels of a company. This page provides - United States Employment Cost Index- actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Employment Cost Index QoQ - actual data, historical chart and calendar of releases - was last updated on December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.70 0.50 1.60 0.20 1982 - 2017 percent Quarterly
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employment cost index by Country
Country Last
United States 0.70 Sep/17