Employment Cost Index for Q4, 2018

The Employment Cost Index (ECI) for the fourth quarter of 2018 was released by The Labor Department's Bureau of Labor Statistics this morning:

Predicted: +0.7%
Actual: +0.7%

• Reading from previous quarter: +0.8%
   
• Change from 12 months previous (Y/Y): +2.9%

The yellow-highlighter figure represents the seasonally adjusted, quarter-to-quarter change for the ECI, which is the Labor Department's broadest measure of employee-compensation costs, and includes wages, salaries and benefits.

==================

• Wages and Salaries: +0.6%
  
  
• Change from 12 months previous (Y/Y): +3.1% 

==================

• Benefits: +0.7%
  
  
• Change from 12 months previous (Y/Y): +2.8% 

==================


From the Labor Department website:

"...The Employment Cost Index (ECI) measures the change in the cost of labor, free from the influence of employment shifts among occupations and industries..."

==================

Employment Cost Index - Q4, 2018 Update

==================

• The ECI report for the fourth quarter of 2018 is scheduled for release on April 30, 2019.
  
  

• Click here to view the full Department of Labor report.
  
  
  
• Charts and Tables

==================

--> www.FedPrimeRate.com Privacy Policy <-- >  SITEMAP  <