United States Employment Cost Index QoQ  1982-2018 | Data | Chart

Compensation costs for civilian workers increased 0.6 percent in the fourth quarter of 2017, following a 0.7 percent rise in the previous period and matching market expectations. Wages and salaries, which make up about 70 percent of compensation costs, went up 0.5 percent (vs 0.7 percent in Q3) and benefits, which make up the remaining 30 percent of compensation, rose 0.5 percent (vs 0.8 percent in Q3). Year-on-year, compensation costs for civilian workers increased 2.6 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
2017-07-28 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 0.6% 0.7% 0.6% 0.70%
2018-04-28 12:30 PM Employment Cost Index QoQ 0.6% 0.7%
2018-07-28 12:30 PM Employment Cost Index QoQ 0.66%
2018-10-31 12:30 PM Employment Cost Index QoQ 0.65%


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.10 4.10 10.80 2.50 percent [+]
Non Farm Payrolls 200.00 160.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 196.00 166.00 1089.00 -821.00 Thousand [+]
Government Payrolls 4.00 -6.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 15.00 21.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 222.00 229.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1875.00 1948.00 6635.00 988.00 Thousand [+]
ADP Employment Change 234.00 242.00 384.00 -846.00 Thousand [+]
Employed Persons 154430.00 154021.00 154430.00 57635.00 Thousand [+]
Unemployed Persons 6684.00 6576.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.30 0.40 0.60 -0.20 percent [+]
Average Weekly Hours 34.30 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.70 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 0.88 0.94 2.80 0.88 percent [+]
Youth Unemployment Rate 9.20 8.90 19.50 7.80 percent [+]
Labour Costs 108.93 108.40 109.07 17.12 Index Points [+]
Productivity 108.77 108.80 108.80 27.60 Index Points [+]
Job Vacancies 5359.00 5661.00 6502.00 2132.00 Thousand [+]
Job Offers 5811.00 5978.00 6177.00 2196.00 Thousand [+]
Challenger Job Cuts 44653.00 32423.00 248475.00 15100.00 Persons [+]
Wages 22.34 22.31 22.34 2.50 USD/Hour [+]
Wages in Manufacturing 21.37 21.20 21.37 1.27 USD/Hour [+]
Wage Growth 4.47 3.61 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.60 0.70 1.60 0.20 percent [+]
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 60.10 64.70 55.00 percent [+]
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 [+]
Part Time Employment 27271.00 27257.00 28134.00 10086.00 Thousand [+]
Full Time Employment 127016.00 126723.00 127016.00 64640.00 Thousand [+]
Wages Low Skilled 2090.00 1830.00 2100.00 1650.00 USD/Month [+]
Wages High Skilled 4290.00 4120.00 4320.00 3640.00 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 February of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
0.60 0.70 1.60 0.20 1982 - 2017 percent Quarterly
SA




employment cost index by Country
Country Last
United States 0.60 Dec/17


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