Compensation costs for civilian workers increased 0.7 percent, seasonally adjusted, for the 3-month period ending in September 2019, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.9 percent and…
Source: U.S. Bureau of Labor Statistics3 min read
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Compensation costs for civilian workers increased 0.7 percent, seasonally adjusted, for the 3-month period ending in September 2019, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.9 percent and benefit costs increased 0.6 percent from June 2019. (See tables A, 1, 2, and 3.)
Civilian Workers
Compensation costs for civilian workers increased 2.8 percent for the 12-month period ending in September 2019, the same as in September 2018. Wages and salaries increased 2.9 percent for the 12-month period ending in September 2019 and also increased 2.9 percent for the 12-month period ending in September 2018. Benefit costs increased 2.3 percent for the 12-month period ending in September 2019. In September 2018, the increase was 2.6 percent. (See tables A, 4, 8, and 12.)
Private Industry Workers
Compensation costs for private industry workers increased 2.7 percent over the year, compared with a compensation cost increase of 2.9 percent in September 2018. Wages and salaries increased 3.0 percent for the 12-month period ending in September 2019 and increased 3.1 percent in September 2018. The cost of benefits rose 2.0 percent for the 12-month period ending in September 2019 and increased 2.5 percent in September 2018. (See tables A, 5, 9, and 12.)
Employer costs for health benefits increased 2.0 percent for the 12-month period ending in September 2019. (For further information, see www.bls.gov/web/eci/echealth.pdf.)
Among private industry occupational groups, compensation cost increases for the 12-month period ending in September 2019 ranged from 2.3 percent for management, professional, and related occupations to 3.5 percent for service occupations. (See table 5.)
Among private industry supersectors, compensation cost increases for the 12-month period ending in September 2019 ranged from 0.7 percent for information to 3.5 percent for construction. (See table 5.)
State and Local Government Workers
Compensation costs for state and local government workers increased 3.1 percent for the 12-month period ending in September 2019. In September 2018, the increase was 2.5 percent. Wages and salaries increased 2.7 percent for the 12-month period ending in September 2019 and 2.3 percent a year ago. Benefit costs increased 3.5 percent for the 12-month period ending in September 2019. The prior year increase was 3.1 percent. (See tables A, 7, 11, and 12.)
The Employment Cost Index for December 2019 is scheduled for release on January 31, 2020, at 8:30 a.m. (EST).
BLS news releases, including the Employment Cost Index, are available through an email subscription service at www.bls.gov/bls/list.htm.
Videos and information graphics explaining the Employment Cost Index and how it is used are available at www.bls.gov/eci/videos.htm.
Highlights of recent National Compensation Survey data are available in The Economics Daily at www.bls.gov/opub/ted/national-compensation-survey.htm.
An overview of available BLS compensation measures and an interactive guide on choosing among them are available at the BLS Commissioner’s Corner on “Making it Easier to Find Data on Pay and Benefits” at blogs.bls.gov/blog/2018/10/24/making-it-easier-to-find-data-on-pay-and-benefits.
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
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.
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$1,394.46/month
3.78% · Oct 31, 2019
At the later reference$1,377.46/month
3.68% · Nov 27, 2019
The illustrative principal-and-interest payment is $17.00 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
Freddie Mac Primary Mortgage Market Survey®: available observations from Apr 2, 1971 through Nov 5, 2026. Cached history snapshot. History retrieved or verified Nov 11, 2026.
U.S. Department of the Treasury: available observations from Jan 4, 2016 through Nov 10, 2026. Cached history snapshot. History retrieved or verified Nov 11, 2026.
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.