Employment Cost Index: Compensation: Private Industry Workers

Observations

Q4 2024: 167.7

Updated: Jan 31, 2025 7:51 AM CST

Units:

Index Dec 2005=100,

Seasonally Adjusted

Frequency:

Quarterly

Notes

Title	Release Dates

Employment Cost Index: Compensation: Private Industry Workers	1996-10-29	2025-01-31

Source

U.S. Bureau of Labor Statistics	1996-10-29	2025-01-31

Release

Employment Cost Index	1996-10-29	2025-01-31

Units

Index Jun 1989=100	1996-10-29	2006-04-25
Index Dec 2005=100	2006-04-26	2025-01-31

Frequency

Quarterly	1996-10-29	2025-01-31

Seasonal Adjustment

Seasonally Adjusted	1996-10-29	2025-01-31

Notes

On April 26, 2006, The Employment Cost Index will convert to the 2002 North American Industry Classification System (NAICS) and the 2000 Standard Occupational Classification System (SOC). In addition, several computational changes will be introduced, including rebasing all series to December 2005=100 from June 1989=100, the introduction of new employment weights and seasonal adjustment factors. For more detailed information on NAICS and SOC, including background and definitions, please see the Bureau of Labor Statistics (BLS) websites: https://www.bls.gov/bls/naics.htm and http://www.bls.gov/soc/home.htm.	2006-04-26	2025-01-31