Cost of health benefits: $1.64 per hour in March 2005
June 17, 2005
The average employer cost for health benefits was $1.64 per hour worked in private industry in March 2005—6.8 percent of total compensation.
Five years earlier, in March 2000, employer costs for health benefits averaged $1.09, or 5.5 percent of total compensation.
Employer costs for health benefits varied by industry, occupation, bargaining status, region, and establishment size. For example, in goods-producing industries in March 2005, health benefit costs were higher, $2.28 per hour, than in service-providing industries, $1.48 per hour. Another example: Employer costs for health benefits were significantly higher for union workers, averaging $3.41 per hour, than for nonunion workers, averaging $1.42.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Cost of health benefits: $1.64 per hour in March 2005 on the Internet at http://www.bls.gov/opub/ted/2005/jun/wk2/art05.htm (visited May 25, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
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.