Friday, October 30, 2009
Tweet[IWS] BLS: EMPLOYMENT COST INDEX - SEPTEMBER 2009 [30 October 2009]
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 - SEPTEMBER 2009 [30 October 2009]
http://www.bls.gov/news.release/eci.nr0.htm
or
http://www.bls.gov/news.release/pdf/eci.pdf
[full-text, 22 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/eci.supp.toc.htm
Compensation costs for civilian workers increased 0.4 percent, seasonally adjusted, for the 3-month period ending
September 2009, the U.S. Bureau of Labor Statistics reported today. Both components of compensation--wages and salaries
(which make up about 70 percent of compensation) and benefits (which make up the remaining 30 percent of compensation)--
increased the same amount, 0.4 percent.
Civilian Worker Data
Compensation costs for civilian workers increased 1.5 percent for the 12-month period ending September 2009. This
was smaller than the 2.9 percent increase for the 12-month period ending in September 2008. Wages and salaries increased
1.5 percent for the current 12-month period, slowing from a 3.1 percent increase for the 12-month period ending in
September 2008. Benefit costs rose 1.6 percent, down from a 2.6 percent increase for the 12-month period ending September
2008.
Private Industry Worker Data
Compensation costs, wages and salaries, and benefit costs decelerated for private industry workers for the 12-month
period ending September 2009, registering the smallest increases since each series began, but the differences were not
statistically different from last quarter. Compensation costs increased 1.2 percent, the smallest percent change published
since the series began in 1980. The wage and salary series, which began in 1975, increased 1.4 percent for the current
12-month period. The cost of benefits, which have been measured since 1980, increased 1.1 percent for the 12-month
period ending September 2009. Employer costs for health benefits increased 4.7 percent for the 12-month period ending
September 2009. In September 2008, the 12-month percent change was 3.9 percent.
Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending
September 2009 ranged from 0.8 percent for sales and office workers to 2.1 percent for service occupations.
Among industries, compensation cost increases for private industry workers for the current 12-month period ranged
from 0.7 percent for information to 2.1 percent for education and health services.
The Employment Cost Index for December 2009 is scheduled to be released on Friday, January 29, 2010, at 8:30 a.m. (EST).
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 - SEPTEMBER 2009 [30 October 2009]
http://www.bls.gov/news.release/eci.nr0.htm
or
http://www.bls.gov/news.release/pdf/eci.pdf
[full-text, 22 pages]
and
Supplemental Files Table of Contents
http://www.bls.gov/web/eci.supp.toc.htm
Compensation costs for civilian workers increased 0.4 percent, seasonally adjusted, for the 3-month period ending
September 2009, the U.S. Bureau of Labor Statistics reported today. Both components of compensation--wages and salaries
(which make up about 70 percent of compensation) and benefits (which make up the remaining 30 percent of compensation)--
increased the same amount, 0.4 percent.
Civilian Worker Data
Compensation costs for civilian workers increased 1.5 percent for the 12-month period ending September 2009. This
was smaller than the 2.9 percent increase for the 12-month period ending in September 2008. Wages and salaries increased
1.5 percent for the current 12-month period, slowing from a 3.1 percent increase for the 12-month period ending in
September 2008. Benefit costs rose 1.6 percent, down from a 2.6 percent increase for the 12-month period ending September
2008.
Private Industry Worker Data
Compensation costs, wages and salaries, and benefit costs decelerated for private industry workers for the 12-month
period ending September 2009, registering the smallest increases since each series began, but the differences were not
statistically different from last quarter. Compensation costs increased 1.2 percent, the smallest percent change published
since the series began in 1980. The wage and salary series, which began in 1975, increased 1.4 percent for the current
12-month period. The cost of benefits, which have been measured since 1980, increased 1.1 percent for the 12-month
period ending September 2009. Employer costs for health benefits increased 4.7 percent for the 12-month period ending
September 2009. In September 2008, the 12-month percent change was 3.9 percent.
Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending
September 2009 ranged from 0.8 percent for sales and office workers to 2.1 percent for service occupations.
Among industries, compensation cost increases for private industry workers for the current 12-month period ranged
from 0.7 percent for information to 2.1 percent for education and health services.
The Employment Cost Index for December 2009 is scheduled to be released on Friday, January 29, 2010, at 8:30 a.m. (EST).
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 : 8:54 AM
