Chart: 12-month private industry compensation costs increase 2%

RP news wires
Tags: business management, talent management

Compensation costs for private industry workers increased 2.0 percent for the 12-month period ending September 2010, higher than the 1.2 percent increase for the 12-month period ending September 2009.

12-month change in Employment Cost Index for total compensation for private industry workers, by occupational group and industry, September 2009 & September 2010
[Chart data]

Among industry supersectors, compensation cost increases for private industry workers for the 12-month period ending September 2010 ranged from 1.1 percent for leisure and hospitality to 2.9 percent for manufacturing.

Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending September 2010 ranged from 1.4 percent for service occupations to 2.5 percent for production, transportation, and material moving occupations.

This data is from the BLS Employment Cost Trends program. To learn more, see "Employment Cost Index — September 2010" (HTML) (PDF), news release USDL-10-1480. Compensation costs (also known as employment costs) include wages, salaries and employer costs for employee benefits.


About the Author