Employment costs advanced 0.7 percent from September to December
January 31, 2003
Compensation costs for private sector workers advanced 0.7 percent from September 2002 to December 2002 (seasonally adjusted), after rising 0.6 percent in the prior quarter.
Wages and salaries in the private sector inched up 0.4 percent for the second consecutive quarter, after larger gains earlier in the year.
Benefit costs for private industry workers were up 1.2 percent for the December quarter, compared with a 1.0-percent advance in the June-September period.
These data are from the BLS Compensation 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—December 2002" (PDF) (TXT), news release USDL 03-32.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment costs advanced 0.7 percent from September to December on the Internet at http://www.bls.gov/opub/ted/2003/jan/wk4/art05.htm (visited October 20, 2014).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.