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Economic News Release
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Table 2. Seasonally adjusted: Employment Cost Index for wages and salaries, by ownership, occupational group, and industry

Table 2. Employment Cost Index for wages and salaries, by occupational group and industry [Seasonally adjusted]
Occupational group and industry Indexes (Dec. 2005=100) Percent changes for 3-months ended-
Dec.
2023		 Mar.
2024		 Mar.
2022		 Jun.
2022		 Sep.
2022		 Dec.
2022		 Mar.
2023		 Jun.
2023		 Sep.
2023		 Dec.
2023		 Mar.
2024

Civilian workers

All workers(1)

 162.1 163.9 1.2 1.4 1.2 1.2 1.2 1.0 1.1 1.1 1.1

Industry

Goods-producing industries(2)

 160.3 162.3 1.1 1.3 1.4 1.0 1.2 0.8 0.9 1.1 1.2

Manufacturing

 160.1 162.2 1.3 1.3 1.4 1.0 1.1 0.9 0.8 1.0 1.3

Service-providing industries(3)

 162.4 164.3 1.3 1.4 1.2 1.2 1.1 1.1 1.1 1.0 1.2

Education and health services

 156.8 158.6 1.2 1.1 1.4 1.4 1.2 1.1 1.3 1.0 1.1

Educational services

 149.7 151.8 0.9 1.0 1.4 1.2 1.0 1.0 1.2 0.9 1.4

Elementary and secondary schools

 148.3 150.2 1.0 0.9 1.4 1.1 0.9 1.1 1.2 1.0 1.3

Junior colleges, colleges, universities, and professional schools

 150.9 152.8 0.9 1.0 1.3 1.0 1.0 0.8 1.2 1.0 1.3

Health care and social assistance

 164.0 165.7 1.4 1.3 1.5 1.5 1.3 1.2 1.4 1.0 1.0

Hospitals

 164.0 165.8 1.2 1.3 1.5 1.4 1.4 1.3 1.2 1.2 1.1

Public administration

 156.0 158.7 1.5 1.4 1.3 1.1 1.1 1.1 1.7 1.3 1.7

Private industry workers

All workers

 164.4 166.2 1.2 1.5 1.2 1.2 1.1 1.1 1.0 1.0 1.1

Occupational group

Management, professional, and related

 158.5 160.1 1.1 1.2 0.8 1.1 1.1 1.1 1.0 0.8 1.0

Professional and related

 158.7 160.1 1.0 1.2 1.1 1.3 1.3 1.2 1.0 1.0 0.9

Management, business, and financial

 158.6 160.4 0.9 1.4 0.4 1.1 0.8 1.1 1.0 0.6 1.1

Sales and office

 167.4 169.9 1.5 2.1 1.1 1.4 1.2 1.1 0.6 1.1 1.5

Office and administrative support

 167.7 169.7 1.2 1.6 1.3 1.4 1.2 1.0 1.0 0.8 1.2

Natural resources, construction, and maintenance

 161.7 163.2 1.2 1.1 1.1 1.0 1.4 1.0 1.2 1.3 0.9

Construction, extraction, farming, fishing, and forestry occupations

 160.2 161.6 1.2 0.9 1.2 1.1 1.1 1.0 1.0 0.8 0.9

Installation, maintenance, and repair

 163.5 165.0 1.3 1.3 1.1 0.9 1.6 1.0 1.4 1.8 0.9

Production, transportation, and material moving

 170.5 173.0 1.3 1.3 1.5 0.9 1.2 1.0 0.9 1.7 1.5

Production

 165.5 167.9 1.2 1.4 1.8 1.1 1.4 0.9 0.9 1.1 1.4

Transportation and material moving

 175.9 178.7 1.4 1.3 1.3 0.8 1.1 1.1 0.9 1.9 1.6

Service occupations

 178.5 180.6 1.9 1.9 1.7 1.3 1.3 1.2 1.0 0.8 1.2

Industry

Goods-producing industries(2)

 160.4 162.4 1.1 1.3 1.4 1.0 1.2 0.8 0.9 1.1 1.2

Construction

 160.6 162.5 0.6 1.7 1.2 1.2 1.5 0.6 1.1 1.1 1.2

Manufacturing

 160.1 162.2 1.3 1.3 1.4 1.0 1.1 0.9 0.8 1.0 1.3

Aircraft manufacturing

 160.9 162.8 1.3 0.6 1.0 1.0 0.5 0.9 0.6 0.6 1.2

Service-providing industries(4)

 165.4 167.2 1.3 1.5 1.1 1.2 1.1 1.1 1.0 1.0 1.1

Trade, transportation, and utilities

 169.3 171.0 1.2 1.5 1.0 1.1 1.1 1.2 1.0 1.5 1.0

Wholesale trade

 157.2 159.7 1.6 1.6 0.5 1.2 0.7 1.3 0.8 0.9 1.6

Retail trade

 175.4 175.3 1.3 1.7 1.3 1.1 1.2 1.1 1.1 0.9 0.0

Transportation and warehousing

 173.6 177.5 0.9 0.9 0.8 0.8 1.0 1.5 0.8 3.5 2.3

Utilities

 167.2 167.9 0.8 0.7 1.0 0.8 1.0 1.3 1.3 1.4 0.4

Information

 156.9 157.8 1.2 0.6 1.4 1.6 1.1 0.8 0.3 1.1 0.6

Financial activities

 161.2 161.3 1.1 2.2 0.3 1.4 0.1 1.7 1.1 0.6 0.1

Finance and insurance

 161.9 161.9 0.9 2.3 0.1 1.4 -0.1 1.9 1.1 0.6 0.0

Credit intermediation and related activities

 161.3 163.5 -1.4 3.1 -1.0 1.4 1.0 0.5 1.5 1.3 1.4

Insurance carriers and related activities

 160.0 160.7 1.2 1.5 1.1 1.2 1.2 1.0 1.2 0.1 0.5

Real estate and rental and leasing

 158.6 159.5 1.9 1.8 0.9 1.1 1.1 1.1 1.4 0.2 0.5

Professional and business services

 163.2 166.0 1.1 1.6 1.1 1.1 1.3 0.8 0.9 0.7 1.7

Professional, scientific, and technical services

 163.7 166.0 0.9 1.7 1.1 0.9 1.2 0.9 0.7 0.9 1.4

Administrative and support and waste management and remediation services

 166.7 168.8 1.6 1.7 1.3 1.1 1.3 0.9 1.0 0.8 1.3

Education and health services

 162.9 164.7 1.4 1.3 1.4 1.4 1.3 1.1 1.4 1.0 1.1

Educational services

 156.4 158.9 1.1 1.7 0.9 1.3 1.2 0.7 1.2 1.0 1.6

Junior colleges, colleges, universities, and professional schools

 153.4 155.2 0.8 1.1 1.0 1.0 0.9 0.8 1.0 1.0 1.2

Health care and social assistance

 164.3 165.9 1.4 1.3 1.5 1.4 1.3 1.2 1.4 1.0 1.0

Hospitals

 165.0 166.7 1.2 1.3 1.4 1.6 1.4 1.3 1.2 1.2 1.0

Leisure and hospitality

 180.2 181.1 1.8 1.6 1.7 1.3 1.3 1.1 0.8 1.0 0.5

Accommodation and food services

 183.9 184.8 1.9 1.6 1.7 1.2 1.4 1.1 0.7 1.0 0.5

Other services, except public administration

 167.6 170.7 1.3 1.0 1.3 0.7 1.7 1.4 1.2 1.1 1.8

State and local government workers

All workers

 152.0 154.1 1.0 1.1 1.4 1.2 1.0 1.1 1.4 1.1 1.4

Industry

Education and health services

 149.6 151.6 0.9 0.9 1.4 1.2 1.0 1.0 1.3 0.9 1.3

Educational services

 148.3 150.3 0.8 0.9 1.4 1.1 1.0 1.0 1.2 1.0 1.3

Schools

 148.3 150.3 0.9 0.9 1.4 1.1 1.0 1.0 1.2 1.0 1.3

Elementary and secondary schools

 147.8 149.7 0.8 0.9 1.4 1.2 0.9 1.1 1.2 1.0 1.3

Health care and social assistance

 160.5 163.0 1.0 1.4 1.8 1.4 1.2 1.0 1.5 0.8 1.6

Hospitals

 159.1 161.5 1.0 1.4 1.6 1.3 1.3 1.0 1.5 0.7 1.5

Public administration

 156.0 158.7 1.5 1.4 1.3 1.1 1.1 1.1 1.7 1.3 1.7

Footnotes
(1) Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government.
(2) Includes mining, construction, and manufacturing.
(3) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; other services, except public administration; and public administration.
(4) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration.

SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey
Table of Contents
Last Modified Date: April 30, 2024