Compensation costs rise
July 26, 2002
Compensation costs for civilian workers (not seasonally adjusted) increased 4.0 percent for the 12 months ended in June 2002 to 159.9 (June 1989=100). This compares with over-the-year increases of 3.9 percent in June 2001 and 4.4 percent in June 2000.
Wages and salaries rose 3.5 percent for the year ended June 2002, after increasing 3.7 percent in the year ended June 2001. Benefit costs increased 5.0 percent for the year ended in June 2002, compared with an increase of 4.5 percent in June 2001.
These data are from the Employment Cost Trends program. Civilian workers include nonfarm private industry plus State and local government. See USDL 02-403, "Employment Cost Index--June 2002" (PDF) (TXT), for more information on changes in compensation costs.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs rise on the Internet at http://www.bls.gov/opub/ted/2002/jul/wk4/art05.htm (visited May 24, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.