Benefit costs for civilian workers in the US increased 0.9 percent on quarter in the three months to September 2021, the most since the second quarter of 2018, compared to a 0.4 percent rise in the previous period. source: U.S. Bureau of Labor Statistics

Employment Cost Index Benefits in the United States averaged 0.97 percent from 1982 until 2021, reaching an all time high of 2.70 percent in the third quarter of 1982 and a record low of 0.10 percent in the first quarter of 1997. This page includes a chart with historical data for the United States Employment Cost Index Benefits QoQ. United States Employment Cost Index Benefits QoQ - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

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United States Employment Cost Index Benefits QoQ

Calendar GMT Actual Previous Consensus TEForecast
2021-07-30 12:30 PM Q2 0.4% 0.6% 0.5%
2021-10-29 12:30 PM Q3 0.9% 0.4%
2022-01-28 01:30 PM Q4

Related Last Previous Unit Reference
Unemployment Rate 4.60 4.80 percent Oct/21
Non Farm Payrolls 531.00 312.00 Thousand Oct/21
Nonfarm Payrolls Private 604.00 365.00 Thousand Oct/21
Government Payrolls -73.00 -53.00 Thousand Oct/21
Manufacturing Payrolls 60.00 31.00 Thousand Oct/21
Unemployed Persons 7419.00 7674.00 Thousand Oct/21
Employed Persons 154039.00 153680.00 Thousand Oct/21
Average Hourly Earnings 0.40 0.60 percent Oct/21
Average Weekly Hours 34.70 34.80 Hours Oct/21
Labor Force Participation Rate 61.60 61.60 percent Oct/21
Long Term Unemployment Rate 1.44 1.66 percent Oct/21
Youth Unemployment Rate 8.70 9.00 percent Oct/21
Labour Costs 120.92 118.55 points Sep/21
Productivity 111.33 112.76 points Sep/21
Job Vacancies 10507.00 10679.00 Thousand Sep/21
Job Offers 10438.00 10629.00 Thousand Sep/21
Wages 26.26 26.16 USD/Hour Oct/21
Wages in Manufacturing 24.24 24.19 USD/Hour Oct/21
Employment Cost Index 1.30 0.70 percent Sep/21
Average Hourly Earnings YoY 4.90 4.60 percent Oct/21
Employment Cost Index Wages 1.50 0.90 percent Sep/21
Employment Cost Index Benefits 0.90 0.40 percent Sep/21
Part Time Employment 25906.00 25747.00 Thousand Oct/21
Employment Rate 58.80 58.70 percent Oct/21
Full Time Employment 128306.00 128027.00 Thousand Oct/21
United States Employment Cost Index Benefits QoQ
The Employment Cost Index (ECI) is a measure of the change in the cost of labor, independent of the influence of employment shifts among occupations and industry categories. The total compensation series includes changes in wages and salaries and in employer costs for employee benefits. The ECI calculates indexes of total compensation, wages and salaries, and benefits separately for all civilian workers in the United States, for private industry workers, and for workers in state and local government.