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

Compensation costs for civilian workers increased by 0.8 percent quarter-on-quarter in the first three month of 2017, following a 0.5 percent rise in the previous period and above market expectations of a 0.6 percent growth. It was the largest increase since Q4 of 2007. Wages and salaries, which make up about 70 percent of compensation costs, increased by 0.8 percent (0.5 percent in Q4); and benefits, which make up the remaining 30 percent, climbed by 0.7 percent (0.5 percent in Q4). 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 Forecast (i)
2016-10-28 12:30 PM Q3 0.6% 0.6% 0.6% 0.6%
2017-01-31 01:30 PM Q4 0.5% 0.6% 0.6% 0.5%
2017-04-28 12:30 PM Q1 0.8% 0.5% 0.6% 0.6%
2017-07-28 12:30 PM Q2 0.64%
2017-10-27 12:30 PM Q3 0.60%




United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.40 10.80 2.50 percent [+]
Non Farm Payrolls 138.00 174.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 147.00 173.00 1089.00 -816.00 Thousand [+]
Government Payrolls -9.00 1.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls -1.00 11.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 241.00 238.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 1944.00 1936.00 6635.00 988.00 Thousand [+]
ADP Employment Change 253.00 174.00 384.00 -846.00 Thousand [+]
Employed Persons 152923.00 153156.00 153156.00 57635.00 Thousand [+]
Unemployed Persons 6861.00 7056.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.20 0.20 0.60 -0.20 percent [+]
Average Weekly Hours 34.40 34.40 34.60 33.70 Hours [+]
Labor Force Participation Rate 62.70 62.90 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.01 1.05 2.80 1.01 percent [+]
Youth Unemployment Rate 8.80 9.40 19.50 7.80 percent [+]
Labour Costs 110.04 109.45 110.75 17.12 Index Points [+]
Productivity 107.50 107.50 107.50 27.60 Index Points [+]
Job Vacancies 6371.00 5684.00 6371.00 2132.00 Thousand [+]
Job Offers 6044.00 5785.00 6044.00 2196.00 Thousands [+]
Challenger Job Cuts 51692.00 36602.00 248475.00 15100.00 Persons [+]
Wages 22.00 21.96 22.00 2.50 USD/Hour [+]
Wage Growth 3.67 4.22 13.77 -5.77 percent [+]
Wages in Manufacturing 20.78 20.76 20.78 1.27 USD/Hour [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Employment Cost Index 0.80 0.50 1.60 0.20 percent [+]
Labor Market Conditions Index 2.30 3.70 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 2680.00 1433.00 USD/Month [+]
Living Wage Individual 1407.76 1399.20 1407.76 1302.75 USD/Month [+]
Part Time Employment 27366.00 27233.00 28134.00 10086.00 Thousand [+]
Full Time Employment 125620.00 125987.00 125987.00 64640.00 Thousand [+]
Employment Rate 60.00 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 Notes

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 June of 2017.

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



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United States 0.80 Mar/17