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Employment Cost Index – June 2014

BLS News release:

"Compensation costs for civilian workers increased 0.7 percent, seasonally adjusted, for the 3-month 
period ending June 2014, the U.S. Bureau of Labor Statistics reported today. Wages and salaries 
(which make up about 70 percent of compensation costs) increased 0.6 percent, and benefits (which 
make up the remaining 30 percent of compensation) increased 1.0 percent.

Civilian Workers

Compensation costs for civilian workers increased 2.0 percent for the 12-month period ending June 
2014. In June 2013, the increase in compensation costs was 1.9 percent. Prior values for this series, 
which began in June 1982, ranged from 1.4 percent to 7.5 percent. Wages and salaries increased 
1.8 percent for the 12-month period ending June 2014, compared with 1.7 percent in June 2013. Benefit 
costs increased 2.5 percent for the 12-month period ending June 2014, compared with a 2.2 percent 
increase for the 12-month period ending June 2013.  

Private Industry Workers

Compensation costs for private industry workers increased 2.0 percent over the year. In June 2013 the
increase was 1.9 percent. Wages and salaries increased 1.9 percent for the current 12-month period 
ending June 2014, the same as June 2013. The increase in the cost of benefits was 2.4 percent for the 
12-month period ending June 2014, primarily due to increases in the cost of retirement plans. In June
2013, the increase in the cost of benefits was 1.9 percent. Employer costs for health benefits increased 
2.7 percent over the year. In June 2013 the increase was 2.6 percent.

Among occupational groups, compensation cost increases for private industry workers for the 
12-month period ending June 2014 ranged from 1.1 percent for service occupations to 2.4 percent for 
natural resources, construction, and maintenance occupations."

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