IWS Documented News DAILY POSTINGS

IWS Documented News Service
_______________________________
Institute for Workplace Studies                 Professor Samuel B. Bacharach
School of Industrial & Labor Relations          Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor                  Stuart Basefsky
New York, NY 10016                      Director, IWS News Bureau
________________________________________________________________________

EMPLOYMENT COST INDEX-MARCH 2005 [29 April 2005]
http://www.bls.gov/news.release/eci.nr0.htm
or
http://www.bls.gov/news.release/pdf/eci.pdf
[full-text, 18 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/eci.supp.toc.htm

    Total compensation costs for civilian workers increased 0.7 percent
 from December 2004 to March 2005, seasonally adjusted, virtually unchanged
 from the 0.8 percent gain from September to December 2004, the Bureau of
 Labor Statistics of the U.S. Department of Labor reported today.  Benefit
 costs rose 1.2 percent, outpacing the gain for wages and salaries of 0.6
 percent.  The Employment Cost Index (ECI), a component of the National
 Compensation Survey, measures quarterly changes in compensation costs,
 which include wages, salaries, and employer costs for employee benefits
 for civilian workers (nonfarm private and State and local government).

     Rises in benefit costs accounted for nearly 60 percent of the increase
 in compensation costs for civilian workers from December 2004 to March
 2005.  Among private industry workers, benefit costs contributed
 approximately 60 percent of compensation gains during the quarter, with
 health insurance costs and nonproduction bonuses accounting for nearly one-
 third of the gain in compensation costs.  Among State and local government
 workers, benefit costs comprised a little over half of compensation cost
 gains during the December to March period, with health insurance costs
 accounting for one-fourth of the gain in compensation costs.


AND MUCH MORE...including TABLES...

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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                 *
Director, IWS News Bureau               *
Institute for Workplace Studies *
Cornell/ILR School                      *
16 E. 34th Street, 4th Floor            *
New York, NY 10016                      *
                                        *
Telephone: (607) 255-2703               *
Fax: (607) 255-9641                     *
E-mail: smb6@cornell.edu                *
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# posted by SBasefsky : 8:46 AM