[Economic Indicators May, 1996]
[Page Number 15]
[From the U.S. Government Publishing Office, www.gpo.gov]
EMPLOYMENT COST INDEX--PRIVATE INDUSTRY
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Index (June 1989 = 100) Percent change from
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3 months earlier 12 months earlier
Period Total -----------------------------------------------------------------------
compensa- Wages and Benefits\1\ Total Total
tion salaries compensa- Wages and Benefits\1\ compensa- Wages and Benefits\1\
tion salaries tion salaries
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(8)Not seasonally adjusted
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1986:Dec.................................... 90.1 91.1 87.5 ......... ......... ............ 3.2 3.2 3.4
1987:Dec.................................... 93.1 94.1 90.5 ......... ......... ............ 3.3 3.3 3.4
1988:Dec.................................... 97.6 98.0 96.7 ......... ......... ............ 4.8 4.1 6.9
1989:Dec.................................... 102.3 102.0 102.6 ......... ......... ............ 4.8 4.1 6.1
1990:Dec.................................... 107.0 106.1 109.4 ......... ......... ............ 4.6 4.0 6.6
1991:Dec.................................... 111.7 110.0 116.2 ......... ......... ............ 4.4 3.7 6.2
1992:Dec.................................... 115.6 112.9 122.2 ......... ......... ............ 3.5 2.6 5.2
1993:Dec.................................... 119.8 116.4 128.3 ......... ......... ............ 3.6 3.1 5.0
1994:Dec.................................... 123.5 119.7 133.0 ......... ......... ............ 3.1 2.8 3.7
1995:Dec.................................... 126.9 123.1 136.6 ......... ......... ............ 2.8 2.8 2.7
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(5)Seasonally adjusted
(2)Not seasonally adjusted
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1993:Mar.................................... 116.9 113.9 124.8 1.0 0.8 r1.6 3.5 2.7 5.6
June.................................. 117.9 114.6 126.5 .9 .6 1.4 3.6 2.7 5.8
Sept.................................. 118.9 115.6 127.7 .8 .9 .9 3.7 3.1 5.4
Dec................................... 119.9 116.5 128.9 .8 .8 .9 3.6 3.1 5.0
1994:Mar.................................... 120.8 117.2 130.3 .8 .6 1.1 3.3 2.9 4.4
June.................................. 121.8 118.1 131.5 .8 .8 .9 3.4 3.1 3.9
Sept.................................. 122.8 119.0 132.9 .8 .8 1.1 3.3 2.9 4.0
Dec................................... 123.5 119.7 133.6 .6 .6 .5 3.1 2.8 3.7
1995:Mar.................................... 124.4 120.6 133.8 .7 .8 .1 2.9 2.9 2.9
June.................................. 125.3 121.5 134.6 .7 .7 .6 2.8 2.9 2.6
Sept.................................. 126.1 122.4 135.4 .6 .7 .6 2.6 2.8 2.1
Dec................................... 127.1 123.2 136.8 .8 .7 1.0 2.8 2.8 2.7
1996:Mar.................................... 128.0 124.6 136.5 .7 1.1 -.2 3.0 3.3 2.0
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\1\Employer costs for employee
benefits.
Note.--The employment cost index
is a measure of the change in the
cost of labor, free from the
influence of employment shifts among
occupations and industries.
Data exclude farm and household
workers.
Source: Department of Labor,
Bureau of Labor Statistics.