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Economic News Release
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Table 2. Seasonally adjusted: Employment Cost Index for wages and salaries, by ownership, occupational group, and industry

Table 2. Employment Cost Index for wages and salaries, by occupational group and industry [Seasonally adjusted]
Occupational group and industry Indexes (Dec. 2005=100) Percent changes for 3-months ended-
Sep.
2023
Dec.
2023
Dec.
2021
Mar.
2022
Jun.
2022
Sep.
2022
Dec.
2022
Mar.
2023
Jun.
2023
Sep.
2023
Dec.
2023

Civilian workers

All workers(1)

160.5 162.0 1.2 1.2 1.3 1.3 1.2 1.2 1.0 1.2 0.9

Industry

Goods-producing industries(2)

158.5 160.2 1.2 1.2 1.3 1.2 1.1 1.5 0.6 0.8 1.1

Manufacturing

158.4 160.0 1.1 1.4 1.2 1.3 1.1 1.2 0.9 0.6 1.0

Service-providing industries(3)

160.9 162.4 1.1 1.3 1.3 1.3 1.2 1.1 1.1 1.2 0.9

Education and health services

155.4 156.8 1.1 1.2 1.0 1.6 1.3 1.2 1.0 1.5 0.9

Educational services

148.5 149.9 0.5 0.9 0.8 1.6 1.1 1.0 0.7 1.6 0.9

Elementary and secondary schools

147.2 148.5 0.4 1.0 0.5 1.9 1.1 0.9 0.7 1.8 0.9

Junior colleges, colleges, universities, and professional schools

149.4 150.9 0.7 0.9 0.9 1.4 1.1 1.0 0.7 1.3 1.0

Health care and social assistance

162.4 163.9 1.7 1.4 1.3 1.5 1.4 1.4 1.1 1.4 0.9

Hospitals

162.2 163.7 1.6 1.4 1.3 1.5 1.3 1.7 1.2 1.2 0.9

Nursing and residential care facilities

165.3 166.8 1.9 1.8 1.7 2.0 1.4 1.4 1.2 1.5 0.9

Private industry workers

All workers

162.8 164.3 1.3 1.3 1.4 1.2 1.2 1.2 1.0 1.1 0.9

Occupational group

Management, professional, and related

157.4 158.4 0.8 1.0 1.3 0.9 1.0 1.1 1.2 1.0 0.6

Professional and related

157.3 158.6 1.1 1.1 1.1 1.1 1.1 1.4 1.1 1.1 0.8

Management, business, and financial

157.8 158.5 0.4 1.0 1.5 0.4 0.9 0.8 1.3 1.1 0.5

Sales and office

165.7 167.4 1.1 1.5 2.1 1.1 1.3 1.2 1.1 0.7 1.0

Office and administrative support

166.4 167.7 1.3 1.3 1.6 1.3 1.3 1.2 1.0 1.1 0.8

Natural resources, construction, and maintenance

159.6 161.7 1.1 1.2 1.1 1.1 1.0 1.5 0.9 1.2 1.3

Construction, extraction, farming, fishing, and forestry occupations

159.0 160.1 1.0 1.2 0.9 1.3 1.0 1.2 1.0 1.1 0.7

Installation, maintenance, and repair

160.5 163.6 1.2 1.4 1.2 1.1 1.0 1.7 0.8 1.4 1.9

Production, transportation, and material moving

167.6 170.5 1.7 1.3 1.4 1.4 1.0 1.2 1.1 0.8 1.7

Production

163.6 165.4 1.4 1.3 1.4 1.6 1.1 1.5 0.9 0.8 1.1

Transportation and material moving

172.5 176.1 1.8 1.3 1.4 1.2 1.0 1.0 1.2 0.8 2.1

Service occupations

177.1 178.4 2.2 1.9 1.9 1.8 1.2 1.4 1.2 1.0 0.7

Industry

Goods-producing industries(2)

158.6 160.3 1.2 1.2 1.3 1.2 1.1 1.5 0.6 0.8 1.1

Construction

158.6 160.5 1.1 0.9 1.4 1.2 1.2 1.8 0.4 1.1 1.2

Manufacturing

158.4 160.0 1.1 1.4 1.2 1.3 1.1 1.2 0.9 0.6 1.0

Aircraft manufacturing

160.1 161.0 0.5 1.1 0.8 1.0 0.9 0.4 1.1 0.5 0.5

Service-providing industries(4)

163.8 165.4 1.3 1.3 1.5 1.2 1.1 1.1 1.1 1.0 1.0

Trade, transportation, and utilities

166.9 169.3 2.1 1.2 1.5 0.9 1.0 1.1 1.3 1.0 1.4

Wholesale trade

155.8 157.1 1.8 1.5 1.8 0.5 1.1 0.7 1.6 0.6 0.9

Retail trade

174.0 175.2 2.8 1.4 1.7 1.3 1.1 1.3 1.0 1.2 0.7

Transportation and warehousing

167.7 173.8 1.2 0.8 0.9 0.8 0.9 0.9 1.5 0.8 3.6

Utilities

164.9 167.3 0.9 0.8 0.8 0.9 0.8 1.0 1.4 1.2 1.4

Information

155.3 156.6 0.7 1.4 0.8 1.3 1.4 1.3 1.0 0.2 0.8

Financial activities

160.7 161.9 -1.1 0.7 1.8 0.9 1.6 -0.4 1.3 1.8 0.7

Finance and insurance

161.3 162.7 -1.8 0.5 1.8 1.0 1.6 -0.7 1.3 1.9 0.9

Credit intermediation and related activities

159.0 161.8 -2.3 -0.9 1.7 -0.6 1.9 1.3 -0.7 1.9 1.7

Insurance carriers and related activities

160.0 159.7 0.9 1.3 1.5 1.1 1.0 1.3 1.1 1.2 -0.2

Real estate and rental and leasing

158.4 158.4 1.8 1.9 2.0 0.9 0.9 1.1 1.2 1.4 0.0

Professional and business services

162.1 163.0 1.0 1.3 1.5 1.1 1.0 1.5 0.8 0.9 0.6

Professional, scientific, and technical services

162.5 163.4 0.7 1.1 1.6 1.2 0.7 1.4 0.8 0.8 0.5

Administrative and support and waste management and remediation services

165.4 166.5 1.7 1.7 1.6 1.3 1.1 1.5 0.8 1.1 0.7

Education and health services

161.3 162.8 1.5 1.4 1.3 1.4 1.4 1.4 1.1 1.4 0.9

Educational services

154.9 156.4 0.4 1.2 1.6 1.0 1.1 1.3 0.6 1.3 1.0

Junior colleges, colleges, universities, and professional schools

152.1 153.4 0.7 0.8 1.0 1.2 0.9 1.0 0.7 1.2 0.8

Health care and social assistance

162.6 164.2 1.7 1.5 1.3 1.4 1.4 1.4 1.2 1.4 1.0

Hospitals

163.0 164.7 1.7 1.4 1.3 1.4 1.3 1.7 1.2 1.2 1.1

Nursing and residential care facilities

166.3 167.7 2.0 1.9 1.7 1.9 1.4 1.4 1.3 1.5 0.8

Leisure and hospitality

178.4 180.0 2.1 1.9 1.6 1.6 1.3 1.4 1.1 0.7 0.9

Accommodation and food services

182.0 183.7 2.3 1.9 1.7 1.5 1.2 1.4 1.3 0.4 0.9

Other services, except public administration

165.5 167.4 1.7 1.4 1.0 1.1 0.8 1.9 1.4 1.0 1.2

State and local government workers

All workers

150.6 152.2 0.7 0.9 0.9 1.8 1.1 0.9 0.8 1.8 1.1

Industry

Education and health services

148.5 149.8 0.7 0.8 0.7 1.8 1.1 0.9 0.8 1.7 0.9

Educational services

147.2 148.5 0.5 0.9 0.6 1.8 1.1 0.9 0.7 1.7 0.9

Schools

147.2 148.5 0.5 0.9 0.6 1.8 1.1 0.9 0.7 1.7 0.9

Elementary and secondary schools

146.7 148.0 0.5 0.8 0.5 1.9 1.1 0.8 0.7 1.8 0.9

Health care and social assistance

159.5 160.4 1.2 1.0 1.4 1.9 1.3 1.3 0.8 1.8 0.6

Hospitals

158.3 159.0 1.1 1.0 1.4 1.7 1.1 1.4 0.9 1.9 0.4

Public administration

154.3 156.4 1.0 1.3 1.3 1.7 1.2 0.7 1.0 2.1 1.4

Footnotes
(1) Includes workers in the private nonfarm economy except those in private households, and workers in the public sector, except the federal government.
(2) Includes mining, construction, and manufacturing.
(3) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; other services, except public administration; and public administration.
(4) Includes the following industries: wholesale trade; retail trade; transportation and warehousing; utilities; information; finance and insurance; real estate and rental and leasing; professional and technical services; management of companies and enterprises; administrative and waste services; educational services; health care and social assistance; arts, entertainment and recreation; accommodation and food services; and other services, except public administration.

SOURCE: U.S. Bureau of Labor Statistics, National Compensation Survey

Last Modified Date: January 31, 2024