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

Compensation costs for civilian workers increased by 0.5 percent quarter-on-quarter for the three-month period ending in December 2016, following a 0.6 percent rise in the previous period and missing market expectations of a 0.6 percent growth. Wages and salaries, which make up about 70 percent of compensation costs, increased by 0.5 percent, the same as in the third quarter; and benefits, which make up the remaining 30 percent of compensation, rose by 0.4 percent after a 0.7 percent advance in the previous period. Year-on-year, compensation costs for civilian workers increased by 2.2 percent. Employment Cost Index in the United States averaged 0.81 percent from 1982 until 2016, 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 Reference Actual Previous Consensus Forecast (i)
2016-07-29 12:30 PM Q2 0.6% 0.6% 0.6% 0.6%
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 0.5% 0.6%
2017-07-28 12:30 PM Q2 0.56%
2017-10-27 12:30 PM Q3 0.58%




United States Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.80 4.70 10.80 2.50 percent [+]
Non Farm Payrolls 227.00 157.00 1115.00 -834.00 Thousand [+]
Nonfarm Payrolls Private 237.00 165.00 1089.00 -816.00 Thousand [+]
Government Payrolls -10.00 -8.00 427.00 -260.00 Thousand [+]
Manufacturing Payrolls 5.00 11.00 572.00 -519.00 Thousand [+]
Initial Jobless Claims 239.00 234.00 695.00 162.00 Thousand [+]
Continuing Jobless Claims 2076.00 2079.00 6635.00 988.00 Thousand [+]
ADP Employment Change 246.00 151.00 336.00 -805.00 Thousand [+]
Employed Persons 152081.00 152111.00 152111.00 57635.00 Thousand [+]
Unemployed Persons 7635.00 7529.00 15352.00 1596.00 Thousand [+]
Average Hourly Earnings 0.10 0.20 0.60 -0.30 percent [+]
Average Weekly Hours 34.40 34.40 34.70 33.70 Hours [+]
Labor Force Participation Rate 62.90 62.70 67.30 58.10 percent [+]
Long Term Unemployment Rate 1.16 1.15 2.80 1.15 percent [+]
Youth Unemployment Rate 10.10 10.00 19.50 7.80 percent [+]
Labour Costs 111.10 110.60 111.10 17.12 Index Points [+]
Productivity 107.40 107.00 107.40 27.60 Index Points [+]
Job Vacancies 5040.00 5246.00 6197.00 2132.00 Thousand [+]
Job Offers 5501.00 5505.00 5845.00 2196.00 Thousands [+]
Challenger Job Cuts 45934.00 33627.00 248475.00 15100.00 Persons [+]
Wages 21.84 21.80 21.84 2.50 USD/Hour [+]
Wage Growth 3.57 3.59 13.77 -5.77 percent [+]
Minimum Wages 7.25 7.25 7.25 0.25 USD/Hour [+]
Wages in Manufacturing 20.70 20.67 20.70 1.27 USD/Hour [+]
Employment Cost Index 0.50 0.60 1.60 0.20 percent [+]
Labor Market Conditions Index 1.30 0.60 32.40 -49.00 [+]
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 [+]
Wages High Skilled 4130.00 4150.00 4150.00 4000.00 USD/Month [+]
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 27405.00 27895.00 28134.00 10086.00 Thousand [+]
Full Time Employment 124705.00 124248.00 124705.00 64640.00 Thousand [+]
Employment Rate 59.90 59.70 64.70 55.00 percent [+]
Wages Low Skilled 1780.00 1810.00 1860.00 1450.00 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 February of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
0.50 0.60 1.60 0.20 1982 - 2016 percent Quarterly
SA



Last
United States 0.50 Dec/16