Tuesday, January 31, 2006
Tweet[IWS] BLS: EMPLOYMENT COST INDEX-DECEMBER 2005 [31 January 2006]
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-DECEMBER 2005 [31 January 2006]
http://www.bls.gov/news.release/eci.nr0.htm
or
http://www.bls.gov/news.release/pdf/eci.pdf
[full-text, 20 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/eci.supp.toc.htm
Total compensation costs for civilian workers increased 0.8 percent from
September to December 2005, seasonally adjusted, the same increase that occurred
between June and September, the Bureau of Labor Statistics of the U.S. Department
of Labor reported today. Benefit costs between September and December rose 1.1 percent
and continued to outpace the gain in wages and salaries for civilian workers, 0.8 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).
Quarterly changes, seasonally adjusted
Compensation cost gains for civilian, private sector, and State and local
government workers were identical in the September to December quarter to their
respective gains in the prior quarter. Civilian and private industry compensation
costs rose 0.8 percent. For State and local government workers, compensation costs
rose 1.1 percent. (See tables A and 1.)
Benefit costs advanced 1.1 percent for civilian workers in the December quarter,
compared with a 1.3 percent gain in the September 2005 quarter. Private sector
benefit costs rose 0.9 percent for the December quarter, following the 1.3 percent
gain in the previous quarter. Benefit costs for State and local government workers
increased 1.5 percent in the December quarter, compared with a 1.7 percent gain in the
prior quarter.
Wages and salaries of civilian workers rose 0.8 percent in the December quarter,
compared with a gain of 0.6 percent during the prior quarter. Private industry workers
wages and salaries increased 0.6 percent during the December 2005 quarter, the same
increases as in the previous three quarters. Wages and salaries in State and local
government advanced 0.9 percent during the September to December 2005 period, following
an increase of 0.7 percent in the prior quarter.
AND MUCH MORE...including TABLES....
_____________________________
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.
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 *
****************************************
_______________________________
Institute for Workplace Studies
School of Industrial & Labor Relations
Cornell University
16 East 34th Street, 4th floor
New York, NY 10016
________________________________________________________________________
EMPLOYMENT COST INDEX-DECEMBER 2005 [31 January 2006]
http://www.bls.gov/news.release/eci.nr0.htm
or
http://www.bls.gov/news.release/pdf/eci.pdf
[full-text, 20 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/eci.supp.toc.htm
Total compensation costs for civilian workers increased 0.8 percent from
September to December 2005, seasonally adjusted, the same increase that occurred
between June and September, the Bureau of Labor Statistics of the U.S. Department
of Labor reported today. Benefit costs between September and December rose 1.1 percent
and continued to outpace the gain in wages and salaries for civilian workers, 0.8 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).
Quarterly changes, seasonally adjusted
Compensation cost gains for civilian, private sector, and State and local
government workers were identical in the September to December quarter to their
respective gains in the prior quarter. Civilian and private industry compensation
costs rose 0.8 percent. For State and local government workers, compensation costs
rose 1.1 percent. (See tables A and 1.)
Benefit costs advanced 1.1 percent for civilian workers in the December quarter,
compared with a 1.3 percent gain in the September 2005 quarter. Private sector
benefit costs rose 0.9 percent for the December quarter, following the 1.3 percent
gain in the previous quarter. Benefit costs for State and local government workers
increased 1.5 percent in the December quarter, compared with a 1.7 percent gain in the
prior quarter.
Wages and salaries of civilian workers rose 0.8 percent in the December quarter,
compared with a gain of 0.6 percent during the prior quarter. Private industry workers
wages and salaries increased 0.6 percent during the December 2005 quarter, the same
increases as in the previous three quarters. Wages and salaries in State and local
government advanced 0.9 percent during the September to December 2005 period, following
an increase of 0.7 percent in the prior quarter.
AND MUCH MORE...including TABLES....
_____________________________
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.
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
****************************************
# posted by SBasefsky : 10:20 AM
