News Release Information
24-843-CHI
Friday, May 03, 2024
Changing Compensation Costs in the Detroit Metropolitan Area — March 2024
The Employment Cost Index for June 2024 is scheduled to be released on Wednesday, July 31, 2024, at 8:30 a.m. (ET).
Table 1. Employment Cost Index for total compensation and for wages and salaries, private industry workers, United States, Midwest Census region, and the Detroit area, not seasonally adjusted| Area | Total compensation | Wages and salaries |
|---|
| 12-month percent changes for period ended- | 12-month percent changes for period ended- |
|---|
| Mar. | Jun. | Sep. | Dec. | Mar. | Jun. | Sep. | Dec. |
|---|
United States | |
|---|
2020 | 2.8 | 2.7 | 2.4 | 2.6 | 3.3 | 2.9 | 2.7 | 2.8 |
|---|
2021 | 2.8 | 3.1 | 4.1 | 4.4 | 3.0 | 3.5 | 4.6 | 5.0 |
|---|
2022 | 4.8 | 5.5 | 5.2 | 5.1 | 5.0 | 5.7 | 5.2 | 5.1 |
|---|
2023 | 4.8 | 4.5 | 4.3 | 4.1 | 5.1 | 4.6 | 4.5 | 4.3 |
|---|
2024 | 4.1 | | | | 4.3 | | | |
|---|
Midwest | |
|---|
2020 | 3.0 | 2.6 | 2.4 | 2.5 | 3.5 | 2.9 | 2.7 | 2.6 |
|---|
2021 | 2.3 | 3.1 | 3.8 | 4.6 | 2.2 | 3.3 | 4.1 | 5.1 |
|---|
2022 | 5.1 | 5.7 | 5.8 | 5.0 | 5.5 | 6.0 | 6.0 | 5.0 |
|---|
2023 | 4.5 | 4.3 | 3.8 | 3.7 | 4.6 | 4.4 | 3.9 | 4.0 |
|---|
2024 | 3.9 | | | | 4.2 | | | |
|---|
Detroit-Warren-Ann Arbor | |
|---|
2020 | 2.7 | 2.3 | 2.7 | 3.1 | 3.7 | 3.0 | 3.0 | 2.9 |
|---|
2021 | 3.1 | 2.7 | 2.6 | 3.3 | 2.5 | 2.8 | 2.7 | 3.7 |
|---|
2022 | 4.6 | 4.8 | 5.6 | 4.9 | 5.1 | 4.9 | 5.0 | 4.1 |
|---|
2023 | 4.1 | 4.3 | 3.7 | 3.8 | 3.8 | 4.1 | 4.1 | 4.3 |
|---|
2024 | 3.4 | | | | 3.6 | | | |
|---|
Table 2. Employment Cost Index for total compensation and for wages and salaries, private industry workers, United States, Census regions, and localities, not seasonally adjusted| Area | Total compensation | Wages and salaries |
|---|
| 12-month percent changes for period ended- | 12-month percent changes for period ended- |
|---|
| Mar. 2023 | Dec. 2023 | Mar. 2024 | Mar. 2023 | Dec. 2023 | Mar. 2024 |
|---|
United States | 4.8 | 4.1 | 4.1 | 5.1 | 4.3 | 4.3 |
|---|
Northeast | 4.5 | 3.8 | 3.8 | 4.4 | 3.9 | 3.9 |
|---|
Boston-Worcester-Providence | 3.9 | 3.1 | 3.2 | 4.0 | 3.4 | 3.5 |
|---|
New York-Newark | 4.6 | 4.2 | 4.1 | 4.3 | 4.3 | 4.2 |
|---|
Philadelphia-Reading-Camden | 5.7 | 4.4 | 2.8 | 6.5 | 4.7 | 3.0 |
|---|
South | 5.2 | 4.4 | 4.3 | 5.4 | 4.6 | 4.6 |
|---|
Atlanta-Athens-Clarke County-Sandy Springs | 5.1 | 3.8 | 4.4 | 5.6 | 4.4 | 5.1 |
|---|
Dallas-Fort Worth | 5.2 | 3.5 | 3.5 | 5.1 | 3.7 | 3.8 |
|---|
Houston-The Woodlands | 3.5 | 5.2 | 5.7 | 3.4 | 4.9 | 5.3 |
|---|
Miami-Fort Lauderdale-Port St. Lucie | 6.1 | 5.5 | 6.7 | 6.0 | 5.1 | 7.1 |
|---|
Washington-Baltimore-Arlington | 5.5 | 4.4 | 4.5 | 5.7 | 4.9 | 5.1 |
|---|
Midwest | 4.5 | 3.7 | 3.9 | 4.6 | 4.0 | 4.2 |
|---|
Chicago-Naperville | 3.8 | 4.1 | 4.3 | 3.5 | 4.1 | 4.4 |
|---|
Detroit-Warren-Ann Arbor | 4.1 | 3.8 | 3.4 | 3.8 | 4.3 | 3.6 |
|---|
Minneapolis-St. Paul | 4.0 | 3.6 | 3.8 | 4.3 | 3.7 | 4.2 |
|---|
West | 5.1 | 4.1 | 4.1 | 5.6 | 4.4 | 4.3 |
|---|
Los Angeles-Long Beach | 4.7 | 4.5 | 4.4 | 4.9 | 5.0 | 4.5 |
|---|
Phoenix-Mesa-Scottsdale | 4.6 | 4.1 | 2.7 | 5.2 | 4.4 | 2.8 |
|---|
San Jose-San Francisco-Oakland | 4.4 | 2.7 | 4.4 | 4.7 | 2.8 | 4.7 |
|---|
Seattle-Tacoma | 2.6 | 3.8 | 3.5 | 5.9 | 4.3 | 3.9 |
|---|
Last Modified Date: Friday, May 03, 2024
United States Department of Labor
