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Compensation costs up 0.9% Sep 2024 to Dec 2024 and up 3.8% over the year ending Dec 2024
Compensation costs up 0.9% Sep 2024 to Dec 2024 and up 3.8% over the year ending Dec 2024
Compensation costs increased 0.9 percent for civilian workers, seasonally adjusted, from September 2024 to December 2024. Over the year, total compensation rose 3.8 percent, wages and salaries rose 3.8 percent, and benefit costs rose 3.6 percent.
Compensation costs increased 0.9 percent for civilian workers, seasonally adjusted, from September 2024 to December 2024. Over the year, total compensation rose 3.8 percent, wages and salaries rose 3.8 percent, and benefit costs rose 3.6 percent.
Economic News USDL-25-0107
Employment Cost Index Summary
Transmission of material in this release is embargoed until 8:30 a.m. (ET) Friday, January 31, 2025
Technical information: (202) 691-6199 • ncsinfo@bls.gov • www.bls.gov/eci
Media contact: (202) 691-5902 • pressoffice@bls.gov
EMPLOYMENT COST INDEX – DECEMBER 2024
Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in December 2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.9 percent and benefit costs increased 0.8 percent from September 2024. (See tables A, 1, 2, and 3.)
Compensation costs for civilian workers increased 3.8 percent for the 12-month period ending in December 2024 and increased 4.2 percent in December 2023. Wages and salaries increased 3.8 percent for the 12-month period ending in December 2024 and increased 4.3 percent for the 12-month period ending in December 2023. Benefit costs increased 3.6 percent over the year and increased 3.8 percent for the 12-month period ending in December 2023. (See tables A, 4, 8, and 12.)
Compensation costs for private industry workers increased 3.6 percent over the year. In December 2023, the increase was 4.1 percent. Wages and salaries increased 3.7 percent for the 12-month period ending in December 2024 and increased 4.3 percent in December 2023. The cost of benefits increased 3.3 percent for the 12-month period ending in December 2024 and increased 3.6 percent in December 2023. Inflation-adjusted (constant dollar) wages and salaries increased 0.8 percent for the 12 months ending December 2024. (See tables A, 5, 9, and 12.)
Within private industry by bargaining status, compensation costs increased 5.1 percent for union workers and 3.4 percent for non-union workers for the 12-month period ending in December 2024. Wages and salaries increased 5.5 percent for union workers and 3.5 percent for non-union workers for the 12-month period ending in December 2024. Benefit costs increased 4.6 percent for union workers and 3.1 percent for non-union workers for the period ending in December 2024.(See tables 6, 10, and 12.)
Compensation costs for state and local government workers increased 4.7 percent for the 12-month period ending in December 2024 and increased 4.6 percent in December 2023. Wages and salaries increased 4.5 percent for the 12-month period ending in December 2024 and 4.7 percent in December 2023. Benefit costs increased 4.9 percent for the 12-month period ending in December 2024. The prior year’s increase was 4.6 percent. (See tables A, 7, 11, and 12.)
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Rounding Changes to Employment Cost Index (ECI) Estimates
Effective with the release of June 2025 ECI data on July 31, 2025, BLS will publish index levels to three
decimal places. Percent changes based on these more precise indexes will continue to be published to one
decimal place. For more information, see www.bls.gov/eci/notices/2024/changes-to-index-rounding.htm.
---------------------------------------------------------------------------------------------------------
Employment Cost Index Summary
Transmission of material in this release is embargoed until 8:30 a.m. (ET) Friday, January 31, 2025
Technical information: (202) 691-6199 • ncsinfo@bls.gov • www.bls.gov/eci
Media contact: (202) 691-5902 • pressoffice@bls.gov
EMPLOYMENT COST INDEX – DECEMBER 2024
Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in December 2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.9 percent and benefit costs increased 0.8 percent from September 2024. (See tables A, 1, 2, and 3.)
Compensation costs for civilian workers increased 3.8 percent for the 12-month period ending in December 2024 and increased 4.2 percent in December 2023. Wages and salaries increased 3.8 percent for the 12-month period ending in December 2024 and increased 4.3 percent for the 12-month period ending in December 2023. Benefit costs increased 3.6 percent over the year and increased 3.8 percent for the 12-month period ending in December 2023. (See tables A, 4, 8, and 12.)
Compensation costs for private industry workers increased 3.6 percent over the year. In December 2023, the increase was 4.1 percent. Wages and salaries increased 3.7 percent for the 12-month period ending in December 2024 and increased 4.3 percent in December 2023. The cost of benefits increased 3.3 percent for the 12-month period ending in December 2024 and increased 3.6 percent in December 2023. Inflation-adjusted (constant dollar) wages and salaries increased 0.8 percent for the 12 months ending December 2024. (See tables A, 5, 9, and 12.)
Within private industry by bargaining status, compensation costs increased 5.1 percent for union workers and 3.4 percent for non-union workers for the 12-month period ending in December 2024. Wages and salaries increased 5.5 percent for union workers and 3.5 percent for non-union workers for the 12-month period ending in December 2024. Benefit costs increased 4.6 percent for union workers and 3.1 percent for non-union workers for the period ending in December 2024.(See tables 6, 10, and 12.)
Compensation costs for state and local government workers increased 4.7 percent for the 12-month period ending in December 2024 and increased 4.6 percent in December 2023. Wages and salaries increased 4.5 percent for the 12-month period ending in December 2024 and 4.7 percent in December 2023. Benefit costs increased 4.9 percent for the 12-month period ending in December 2024. The prior year’s increase was 4.6 percent. (See tables A, 7, 11, and 12.)
---------------------------------------------------------------------------------------------------------
Rounding Changes to Employment Cost Index (ECI) Estimates
Effective with the release of June 2025 ECI data on July 31, 2025, BLS will publish index levels to three
decimal places. Percent changes based on these more precise indexes will continue to be published to one
decimal place. For more information, see www.bls.gov/eci/notices/2024/changes-to-index-rounding.htm.
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