Employment costs increase 4.2 percent in past 12 months
April 27, 2001
Compensation costs in private industry rose 4.2 percent in the year ended March 2001, compared with increases of 4.6 percent in March 2000 and 3.0 percent in March 1999.
Wages and salaries rose 3.8 percent for the year ended March 2001, after increasing 4.2 percent in the year ended March 2000.
Benefit costs for private industry workers increased 5.0 percent for the year ended in March 2001, following an increase of 5.5 percent in March 2000.
These data are from the BLS Employment Cost Trends program. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits. Learn more in "Employment Cost Index—March 2001," news release USDL 01-113.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment costs increase 4.2 percent in past 12 months on the Internet at http://www.bls.gov/opub/ted/2001/apr/wk4/art05.htm (visited December 04, 2016).
Recent editions of Spotlight on Statistics
Workplace injuries and illnesses and employer costs for workers’ compensation
Workplace injury and illness data and the costs to employers for workers’ compensation in natural resources, construction, and maintenance occupations.
A look at the future of the U.S. labor force to 2060
Projected long-term trends in the growth, size, and composition of the labor force.
Union membership in the United States
Historical trends in union membership among employed wage and salary workers; union membership by a variety of demographic characteristics.
A look at healthcare spending, employment, pay, benefits, and prices
Spending on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Self-employment in the United States
Trends in self-employment by various demographic and socioeconomic characteristics, including both the unincorporated and the incorporated self-employed, as well as data on paid employees who work for the self-employed.