[Economic Indicators July, 2002]
[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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Not seasonally adjusted
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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 ................................... 126.7 123.1 135.9 ......... ......... ............ 2.6 2.8 2.2
1996:Dec.................................... 130.6 127.3 138.6 ......... ......... ............ 3.1 3.4 2.0
1997:Dec.................................... 135.1 132.3 141.8 ......... ......... ............ 3.4 3.9 2.3
1998:Dec.................................... 139.8 137.4 145.2 ......... ......... ............ 3.5 3.9 2.4
1999:Dec.................................... 144.6 142.2 150.2 ......... ......... ............ 3.4 3.5 3.4
2000:Dec.................................... 150.9 147.7 158.6 ......... ......... ............ 4.4 3.9 5.6
2001:Dec.................................... 157.2 153.3 166.7 ......... ......... ............ 4.2 3.8 5.1
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Seasonally adjusted
Not seasonally adjusted
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1999:Mar.................................... 140.2 138.1 145.2 0.3 0.4 0.0 3.0 3.3 2.2
June.................................. 141.8 139.7 146.7 1.1 1.2 1.0 3.3 3.6 2.5
Sept.................................. 143.1 140.9 148.2 .9 .9 1.0 3.1 3.2 2.8
Dec................................... 144.6 142.3 150.2 1.0 1.0 1.3 3.4 3.5 3.4
2000:Mar.................................... 146.6 143.9 153.1 1.4 1.1 1.9 4.6 4.2 5.5
June.................................. 148.3 145.4 155.1 1.2 1.0 1.3 4.6 4.1 5.7
Sept.................................. 149.8 146.7 157.0 1.0 .9 1.2 4.6 4.1 6.0
Dec................................... 151.1 147.9 158.8 .9 .8 1.1 4.4 3.9 5.6
2001:Mar.................................... 152.8 149.4 160.8 1.1 1.0 1.3 4.2 3.8 5.0
June.................................. 154.3 150.9 162.5 1.0 1.0 1.1 4.0 3.8 4.8
Sept.................................. 155.7 152.0 164.7 .9 .7 1.4 4.0 3.6 4.9
Dec................................... 157.3 153.4 166.8 1.0 .9 1.3 4.2 3.8 5.1
2002:Mar ................................... 158.7 154.8 168.6 .9 .9 1.1 3.9 3.5 4.8
June ................................. 160.4 156.3 170.9 1.1 1.0 1.4 4.0 3.6 5.1
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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.