June 2013 Employment Cost Index

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 2013, following a similar 3-month percent increase in March, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) rose 0.4 percent in the June quarter, similar to the 0.5 percent increase for the previous period. Benefits (which make up the remaining 30 percent of compensation) increased 0.4 percent, compared to a 0.6 percent increase for the 3-month period ending in March.

Civilian Workers

Compensation costs for civilian workers increased 1.9 percent for the 12-month period ending June 2013. In June 2012 the 12-month percent increase was 1.7 percent. Wages and salaries increased 1.7 percent for the current 12-month period, the same as the increase in June 2012. Benefit costs increased 2.2 percent for the 12-month period ending June 2013, about the same as the 2.1 percent increase for the 12-month period ending June 2012.

Corrections to ECI Data Series

Some Employment Cost Index estimates from September 2012 through March 2013 were corrected on June 26, 2013. (Seasonally adjusted estimates were subject to corrections back to March 2008.) For further information, see: www.bls.gov/bls/eci_corrections_043013.htm.?

Private Industry Workers

Compensation costs for private industry workers increased 1.9 percent over the year ending June 2013. In June 2012 the 12-month increase was 1.8 percent. Wages and salaries reflected the same increases as compensation for both the current period and the period one year ago. The increase in the cost of benefits was 1.9 percent for the 12-month period ending June 2013, unchanged from the June 2012 increase.

Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending June 2013 ranged from 1.6 percent for service occupations to 2.0 percent for management, professional, and related occupations.

Among industry supersectors, compensation cost increases for private industry workers for the current 12-month period ranged from 0.8 percent for leisure and hospitality to 2.5 percent for other services, except public administration.

State and Local Government Workers

Compensation costs for state and local government workers increased 1.8 percent for the 12-month period ending June 2013. In June 2012 the increase was 1.6 percent. Wages and salaries increased 1.0 percent for the 12-month period ending June 2013, essentially unchanged from a year earlier when the increase was 1.1 percent. Prior values for this series, which began in June 1982, ranged from 1.0 percent to 8.5 percent. Benefit costs increased 3.3 percent in June 2013, up from the June 2012 increase of 2.7 percent.

Beginning with the December 2013 news release, the Employment Cost Index will introduce new employment weights based on the 2010 Standard Occupational Classification (SOC) system and the 2012 North American Industry Classification System (NAICS).

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

Category 3-month, 12-month, seasonally adjusted not seasonally adjusted Mar. Jun. Jun. Sep. Dec. Mar. Jun. 2013 2013 2012 2012 2012 2013 2013

CIVILIAN WORKERS[1]

PRIVATE INDUSTRY

STATE AND LOCAL GOVERNMENT

[1] Includes private industry and State and local government. [2] Includes wages and salaries and benefits.