Wednesday, November 11, 2026Mortgage news · Rates & market context

Jobs · ORIGINAL ECONOMIC RELEASE

June 2010 Employment Cost Index

Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending June 2010, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of…

Historical releaseThe figures below describe the original reporting period. They are not today’s rates or a current economic forecast.Today’s market brief →

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Historical release narrative reproduced from the official public-domain source. Statistical tables, standard technical appendices, administrative material and attendance rosters are omitted; formatting is adapted for reading. Figures retain the release's historical context and may have been revised. Consult the linked source for the complete document.

Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending June 2010, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.4 percent while benefits (which make up the remaining 30 percent of compensation) increased 0.6 percent.

Civilian Workers

Compensation costs for civilian workers increased 1.8 percent for the 12-month period ending June 2010. This was the same as the 12-month period ending in June 2009. Wages and salaries increased 1.6 percent for the current 12-month period, compared to a 1.8 percent increase for the 12-month period ending in June 2009. Benefit costs rose 2.5 percent, up from a 1.8 percent increase for the 12-month period ending June 2009.

Private Industry Workers

Compensation costs for private industry workers increased 1.9 percent for the 12-month period ending June 2010, higher than the 1.5 percent increase for the 12-month period ending June 2009. The wage and salary series increased 1.6 percent for the current 12-month period, the same as for the period ending June 2009. The cost of benefits increased 2.5 percent for the 12-month period ending June 2010, higher than the June 2009 increase of 1.3 percent. Employer costs for health benefits rose 5.0 percent for the 12-month period ending June 2010. In June 2009, the 12-month percent change was 4.4 percent.

Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending June 2010 ranged from 1.5 percent for management, professional, and related occupations to 2.3 percent for sales and office occupations. The sales and office increase was primarily due to a 2.9 percent increase among sales and related occupations, which rebounded from a 1.6 percent decrease a year earlier. The other component of sales and office occupations--office and administrative support--increased 2.0 percent.

Among industry supersectors, compensation cost increases for private industry workers for the current 12-month period ranged from 1.0 percent for construction to 2.6 percent for trade, transportation, and utilities.

State and Local Government Workers

Compensation costs for State and local government workers increased 1.8 percent for the 12-month period ending June 2010. Since this series began in June 1982, published values ranged from 2.0 percent in March 2010 to 9.6 percent in June 1982. Wages and salaries increased 1.4 percent. This series also began in June 1982. Prior published values ranged from 1.8 in March 2010 to 8.5 percent in June 1982. Benefit costs increased 2.6 percent. Prior published values for this series, which began in June 1990, ranged from 1.2 percent in December 1997 to 8.3 percent in June 1990.

BLS news releases, including the ECI, are available through an e-mail subscription service at: http://www.bls.gov/bls/list.htm.

Category 3-month, seasonally 12-month, not seasonally adjusted adjusted Mar. Jun. Jun. Sep. Dec. Mar. Jun. 2010 2010 2009 2009 2009 2010 2010

(1) Includes private industry and state and local government. (2) Includes wages and salaries and benefits.

Source: U.S. Bureau of Labor Statistics · Original release Jul 30, 2010.

Archived Nov 11, 2026. Source reuse policy. Formatting has been adapted for reading; the source’s conclusions remain attributed to its publisher.

MortgageRates.news analysis · Historical context

The mortgage market around this release

This original analysis is separate from the source article. It compares observed benchmarks around ; historical averages and yields are not current mortgage offers.

Read compensation costs separately from job growth

The Employment Cost Index tracks changes in employers’ hourly compensation costs, including wages, salaries and benefits. Its fixed employment weights limit the effect of shifts between industries and occupations; it does not count newly created jobs. Compare wage and benefit components, and check whether the quoted change is for three months or twelve months and whether it is seasonally adjusted. Compensation trends are one part of the inflation and policy picture, without determining a particular mortgage rate. BLS Employment Cost Index.

Nearest published observation on or before each target date
Benchmark30 days earlierJun 30, 2010Publication referenceJul 30, 201030 days laterAug 29, 2010
30-year fixed mortgageNational weekly averageFreddie Mac Primary Mortgage Market Survey®4.69%Observed 4.54%Observed −15 bps vs. earlier reference4.36%Observed −18 bps vs. publication reference
10-year TreasuryDaily par yieldU.S. Department of the TreasuryUnavailableBefore available coverage, which starts Jan 4, 2016.UnavailableBefore available coverage, which starts Jan 4, 2016.UnavailableBefore available coverage, which starts Jan 4, 2016.

Calendar references, not an intraday reaction. A same-day market observation may have been published after a morning release. These figures do not show what was known at its exact publication time. One basis point (bp) is 0.01 percentage point; changes use the actual dated observations shown.

Six months around publication

Apr 30, 2010 – Oct 30, 2010
Historical mortgage and Treasury observations around Jul 30, 2010Each dot is a published observation. No missing values are estimated. The dashed vertical line marks the article’s publication calendar date. Rates and yields are percentages.4.00%4.50%5.00%Publication date30-year fixed mortgage: 5.00% · May 6, 201030-year fixed mortgage: 4.93% · May 13, 201030-year fixed mortgage: 4.84% · May 20, 201030-year fixed mortgage: 4.78% · May 27, 201030-year fixed mortgage: 4.79% · Jun 3, 201030-year fixed mortgage: 4.72% · Jun 10, 201030-year fixed mortgage: 4.75% · Jun 17, 201030-year fixed mortgage: 4.69% · Jun 24, 201030-year fixed mortgage: 4.58% · Jul 1, 201030-year fixed mortgage: 4.57% · Jul 8, 201030-year fixed mortgage: 4.57% · Jul 15, 201030-year fixed mortgage: 4.56% · Jul 22, 201030-year fixed mortgage: 4.54% · Jul 29, 201030-year fixed mortgage: 4.49% · Aug 5, 201030-year fixed mortgage: 4.44% · Aug 12, 201030-year fixed mortgage: 4.42% · Aug 19, 201030-year fixed mortgage: 4.36% · Aug 26, 201030-year fixed mortgage: 4.32% · Sep 2, 201030-year fixed mortgage: 4.35% · Sep 9, 201030-year fixed mortgage: 4.37% · Sep 16, 201030-year fixed mortgage: 4.37% · Sep 23, 201030-year fixed mortgage: 4.32% · Sep 30, 201030-year fixed mortgage: 4.27% · Oct 7, 201030-year fixed mortgage: 4.19% · Oct 14, 201030-year fixed mortgage: 4.21% · Oct 21, 201030-year fixed mortgage: 4.23% · Oct 28, 2010Apr 30, 2010Jul 30, 2010Oct 30, 2010
30-year fixed mortgage26 observations
Dots show published observations only. Missing dates remain blank, with no interpolation. The series have different publication schedules and measure different markets.

What that benchmark difference would mean for a $300,000 loan

At the publication reference$1,527.19/month

4.54% · Jul 29, 2010

At the later reference$1,495.20/month

4.36% · Aug 26, 2010

The illustrative principal-and-interest payment is $31.99 lower per month. This holds the loan amount and term constant to show the arithmetic effect of the benchmark difference.

Assumptions: two separate hypothetical $300,000 loans, each fully amortizing over 30 years with 360 monthly payments and its stated fixed interest rate. Excludes points, lender fees, taxes, insurance, association charges and other costs. PMMS is a national average, not an APR or a personalized rate offer. These are not two payments on one existing loan.

Sources, historical coverage and calculation limits

The 30-day comparisons use calendar days. Each cell selects the last published observation on or before its target; no rates are synthesized for missing dates. Gaps greater than seven days for daily Treasury data or fourteen days for weekly mortgage data are marked unavailable. Forward comparisons require the date to have arrived and source coverage to extend through it.

Historical files may contain revisions and do not reconstruct precisely what every market participant knew at the time. Freddie Mac changed its PMMS collection methodology in November 2022. Cross-period comparisons should account for that change. These windows include other news and cannot establish causation or forecast the next rate move.

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