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EMPLOYMENT COST INDEX SUMMARY

Transmission of material in this release is embargoed until                                    USDL-24-2232
8:30 a.m. (ET) Thursday, October 31, 2024

Technical information: (202) 691-6199  •  ncsinfo@bls.gov  •  www.bls.gov/eci
Media contact:         (202) 691-5902  •  pressoffice@bls.gov

                                  EMPLOYMENT COST INDEX – SEPTEMBER 2024

Compensation costs for civilian workers increased 0.8 percent, seasonally adjusted, for the 3-month period 
ending in September 2024, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 
0.8 percent and benefit costs increased 0.8 percent from June 2024. (See tables A, 1, 2, and 3.)

Compensation costs for civilian workers increased 3.9 percent for the 12-month period ending in September 
2024 and increased 4.3 percent in September 2023. Wages and salaries increased 3.9 percent for the 12-month
period ending in September 2024 and increased 4.6 percent for the 12-month period ending in September 2023.
Benefit costs increased 3.7 percent over the year and increased 4.1 percent for the 12-month period ending 
in September 2023. (See tables A, 4, 8, and 12.)

Compensation costs for private industry workers increased 3.6 percent over the year. In September 2023, the
increase was 4.3 percent. Wages and salaries increased 3.8 percent for the 12-month period ending in 
September 2024 and increased 4.5 percent in September 2023. The cost of benefits increased 3.3 percent for
the 12-month period ending in September 2024 and increased 3.9 percent in September 2023. 
Inflation-adjusted (constant dollar) wages and salaries increased 1.2 percent for the 12 months ending 
September 2024. (See tables A, 5, 9, and 12.) 

Within private industry by bargaining status, compensation costs increased 5.8 percent for union workers 
and 3.4 percent for non-union workers for the 12-month period ending in September 2024. Wages and salaries 
increased 6.4 percent for union workers and 3.6 percent for non-union workers for the 12-month period 
ending in September 2024. Benefit costs increased 4.9 percent for union workers and 3.1 percent for 
non-union workers for the period ending in September 2024. (See tables 6, 10, and 12.)

Compensation costs for state and local government workers increased 4.7 percent for the 12-month period 
ending in September 2024 and increased 4.8 percent in September 2023. Wages and salaries increased 4.6 
percent for the 12-month period ending in September 2024 and 4.8 percent from a year ago. Benefit costs 
increased 4.8 percent for the 12-month period ending in September 2024. The prior year’s increase was 4.7 
percent. (See tables A, 7, 11, and 12.)

---------------------------------------------------------------------------------------------------------
                                Changes to ECI Index Rounding

Effective with the release of the June 2025 ECI, BLS plans to publish index levels to three decimal 
places. Percent changes based on these more precise indexes will continue to be published to one decimal 
place, see www.bls.gov/eci/notices/2024/changes-to-index-rounding.htm.
---------------------------------------------------------------------------------------------------------




Table A. Major series of the Employment Cost Index [Percent change] Category
3-month,
seasonally adjusted 12-month, not seasonally adjusted, current dollar 12-month,
not seasonally adjusted, constant dollar Jun.
2024 Sep.
2024 Sep.
2023 Jun.
2024 Sep.
2024 Sep.
2023 Jun.
2024 Sep.
2024

Civilian workers(1)

Compensation(2)

0.9 0.8 4.3 4.1 3.9 0.6 1.1 1.4

Wages and salaries

0.9 0.8 4.6 4.2 3.9 0.9 1.2 1.4

Benefits

1.0 0.8 4.1 3.8 3.7 0.4 0.8 1.2

Private industry

Compensation(2)

0.9 0.7 4.3 3.9 3.6 0.6 0.9 1.2

Wages and salaries

0.8 0.8 4.5 4.1 3.8 0.8 1.1 1.2

Benefits

0.8 0.7 3.9 3.5 3.3 0.2 0.5 0.8

Health benefits

- - 1.9 3.6 3.4 - - -

State and local government

Compensation(2)

1.2 1.1 4.8 4.9 4.7 1.0 1.9 2.2

Wages and salaries

1.1 1.0 4.8 5.1 4.6 1.0 2.0 2.1

Benefits

1.4 1.2 4.7 4.8 4.8 1.0 1.8 2.3

Footnotes
(1) Includes private industry and state and local government.
(2) Includes wages and salaries and benefits.


Note: All estimates in the table can be found in the public database at
www.bls.gov/eci/data.htm. Dashes indicate data not available.


Employment Cost Index Technical Note
Table 1. Seasonally adjusted: Employment Cost Index for total compensation, by
ownership, occupational group, and industry
Table 2. Seasonally adjusted: Employment Cost Index for wages and salaries, by
ownership, occupational group, and industry
Table 3. Seasonally adjusted: Employment Cost Index for benefits, by ownership,
occupational group, and industry
Table 4. Compensation (not seasonally adjusted): Employment Cost Index for total
compensation, for civilian workers, by occupational group and industry
Table 5. Compensation (not seasonally adjusted): Employment Cost Index for total
compensation, for private industry workers, by occupational group and industry
Table 6. Compensation (not seasonally adjusted): Employment Cost Index for total
compensation, for private industry workers, by bargaining status and Census
region and division
Table 7. Compensation (not seasonally adjusted): Employment Cost Index for total
compensation, for state and local government workers, by occupational group and
industry
Table 8. Wages and salaries (not seasonally adjusted): Employment Cost Index for
wages and salaries, for civilian workers, by occupational group and industry
Table 9. Wages and salaries (not seasonally adjusted): Employment Cost Index for
wages and salaries, for private industry workers, by occupational group and
industry
Table 10. Wages and salaries (not seasonally adjusted): Employment Cost Index
for wages and salaries, for private industry workers, by bargaining status and
Census region and division
Table 11. Wages and salaries (not seasonally adjusted): Employment Cost Index
for wages and salaries, for state and local government workers, by occupational
group and industry
Table 12. Benefits (not seasonally adjusted): Employment Cost Index for
benefits, by ownership, occupational group, industry, and bargaining status
Table 13. Compensation and wages and salaries (not seasonally adjusted):
Employment Cost Index for total compensation, and wages and salaries, for
private industry workers, by area
HTML version of the entire news release
The PDF version of the news release
News release charts
Supplemental Files Table of Contents
Table of Contents
Last Modified Date: October 31, 2024

 


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