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

Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, in the second quarter of 2017 below 0.8 percent reported in Q1 and below market expectations of 0.6 percent. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.5 percent vs 0.8 percent in Q1 and benefits (which make up the remaining 30 percent of compensation) increased 0.6 percent vs 0.7 percent in Q1. 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
2017-01-31 01:30 PM Employment Cost Index QoQ 0.5% 0.6% 0.6% 0.5%
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%
2017-10-27 12:30 PM Employment Cost Index QoQ 0.56%


United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.40 4.30 10.80 2.50 percent [+]
Non Farm Payrolls 156.00 189.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 165.00 202.00 1089.00 -816.00 Thousand [+]
Government Payrolls -9.00 -13.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 36.00 26.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 259.00 284.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1980.00 1936.00 6635.00 988.00 Thousand [+]
ADP Employment Change 237.00 201.00 384.00 -846.00 Thousand [+]
Employed Persons 153439.00 153513.00 153513.00 57635.00 Thousand [+]
Unemployed Persons 7132.00 6981.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.10 0.30 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.50 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.90 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.08 1.11 2.80 1.01 percent [+]
Youth Unemployment Rate 8.90 9.00 19.50 7.80 percent [+]
Labour Costs 108.81 108.75 109.07 17.12 Index Points [+]
Productivity 108.08 107.66 108.08 27.60 Index Points [+]
Job Vacancies 6502.00 6138.00 6502.00 2132.00 Thousand [+]
Job Offers 6170.00 6116.00 6170.00 2196.00 Thousands [+]
Challenger Job Cuts 33825.00 28307.00 248475.00 15100.00 Persons [+]
Wages 22.12 22.08 22.12 2.50 USD/Hour [+]
Wages in Manufacturing 20.85 20.96 20.96 1.27 USD/Hour [+]
Wage Growth 2.95 3.49 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.50 0.80 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 [+]
Living Wage Family 1496.20 1497.50 1497.50 1433.00 USD/Month [+]
Living Wage Individual 1407.76 1399.20 1407.76 1302.75 USD/Month [+]
Part Time Employment 27569.00 27535.00 28134.00 10086.00 Thousand [+]
Full Time Employment 125755.00 125921.00 125987.00 64640.00 Thousand [+]
Employment Rate 60.10 60.20 64.70 55.00 percent [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 USD/Month [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.80 1.60 0.20 1982 - 2017 percent Quarterly
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