Changes in private industry compensation costs, September 2011–September 2012
November 02, 2012
Compensation costs for private industry workers increased 2.0 percent from September 2011 to September 2012. The increase was 2.1 percent from September 2010 to September 2011.
|Occupational group and industry||Percent changes for 12-months ended|
|September 2011||September 2012|
Private industry workers
Trade, transportation, and utilities
Professional and business services
Education and health services
Leisure and hospitality
Management, professional, and related
Sales and office
Natural resources, construction, and maintenance
Production, transportation, and material moving
These data are featured in the TED article, Changes in private industry compensation costs, September 2011–September 2012.
Among industries, compensation cost increases for the 12-month period ending September 2012 ranged from 0.8 percent for leisure and hospitality to 3.7 percent for information.
Among occupational groups, compensation cost increases for the 12-month period ending September 2012 ranged from 1.7 percent for production, transportation, and material moving occupations and service occupations to 2.4 percent for sales and office occupations.
These data are from the BLS Employment Cost Trends program. To learn more, see "Employment Cost Index — September 2012" (HTML) (PDF), news release USDL-12-2162. Compensation costs, also known as employment costs, include wages, salaries, and employer costs for employee benefits.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Changes in private industry compensation costs, September 2011–September 2012 on the Internet at http://www.bls.gov/opub/ted/2012/ted_20121102.htm (visited October 02, 2014).
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