Wednesday, April 30, 2008
Tweet[IWS] BLS: EMPLOYMENT COST INDEX-MARCH 2008 [30 April 2008]
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 2008 [30 April 2008]
http://www.bls.gov/news.release/eci.nr0.htm
or
http://www.bls.gov/news.release/pdf/eci.pdf
[full-text, 24 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 2007
to March 2008, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of
Labor reported today. The increase for the September to December 2007 period was 0.8 percent.
Wages and salaries rose 0.8 percent and benefits rose 0.6 percent. In the previous quarter,
both wages and salaries and benefits increased 0.8 percent. The Employment Cost Index (ECI), a
product of the National Compensation Survey, measures quarterly changes in compensation costs
for civilian workers (nonfarm private industry and state and local government workers).
Quarterly changes, seasonally adjusted
Compensation costs for private industry rose 0.8 percent from December 2007 to March 2008;
for the prior quarter the increase was 0.9 percent. Wages and salaries for private industry
workers increased 0.8 percent for the December 2007 to March 2008 period, the same as in the
previous quarter. In state and local government, the increase was 0.7 percent, compared with
0.8 percent in the prior quarter. Benefit costs for private industry rose 0.6 percent, compared
to 0.8 percent in the previous quarter. For state and local government, benefit costs increased
0.3 percent, compared to 1.2 percent in the previous quarter. (See tables A, 1, 2, and 3.)
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----------------- 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 2008 [30 April 2008]
http://www.bls.gov/news.release/eci.nr0.htm
or
http://www.bls.gov/news.release/pdf/eci.pdf
[full-text, 24 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 2007
to March 2008, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of
Labor reported today. The increase for the September to December 2007 period was 0.8 percent.
Wages and salaries rose 0.8 percent and benefits rose 0.6 percent. In the previous quarter,
both wages and salaries and benefits increased 0.8 percent. The Employment Cost Index (ECI), a
product of the National Compensation Survey, measures quarterly changes in compensation costs
for civilian workers (nonfarm private industry and state and local government workers).
Quarterly changes, seasonally adjusted
Compensation costs for private industry rose 0.8 percent from December 2007 to March 2008;
for the prior quarter the increase was 0.9 percent. Wages and salaries for private industry
workers increased 0.8 percent for the December 2007 to March 2008 period, the same as in the
previous quarter. In state and local government, the increase was 0.7 percent, compared with
0.8 percent in the prior quarter. Benefit costs for private industry rose 0.6 percent, compared
to 0.8 percent in the previous quarter. For state and local government, benefit costs increased
0.3 percent, compared to 1.2 percent in the previous quarter. (See tables A, 1, 2, and 3.)
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 : 8:38 AM
