3. Budget/salary recommendation - Laserfiche WebLink

News United States Department of Labor Bureau of Labor Statistics Washington, D.C. 20212 Technical Contact: (202) 691-6199 ocltinfo~bls.gov Media Contact: (202) 691-5902 hoyle_k~bis.gov Internet address: http://www.bis.gov/ncs/ect/home.htm USDL: 02~239 TRANSIVESSION OF MA. TEIL[AL IN THIS RELEASE IS EMBARGOED UNTIL 8:30 A.M. (EDT), THURSDAY, APP-3L 25, 2002 EMPLOYMENT COST INDEX MARCH 2002 The Emp ~rnlo ent Cost Index for total compensation increased 3. p9 ercent. (civilian. workers, not .. seasonall}: afl'lusted) tot the year ended Marci~ 20O2, ti~e U.b. Department ot Labor's Bureau of Labor Statxst~cs reportea touay, lne tzmp~oyment cost maex (eLi), a component of the National Compensation Survey, measures changes in compensation costs, which include wages, salaries, and employer costs for employee benefits. Quarterly chances, seasonally adjusted On a seasonally adjusted basis: the 3-month increase in compensation costs for civilian workers (nonfarm private industD, plus State and local government) was 0.8 percent during the December 2001-March 2002 period, following a gain ofl.0 percent in September-December 2001. Wages and salaries increased 0.8 percent during the December 2001-March 2002 period, following a 0.9 percent increase during the previous 3-month period. Benefit costs rose 1.0 percent during the March quarter, following a 1.2 percent gain in the December quarter. Table A. 3-month percent changes in Emplo,'anent Cost Index. seasonally adjusted June Sep. Dec. Mar. June Compensation Component 2000 2000 2000 2001 2001 Sep. Dec. Mar. 200I 2001 2002 Civilian workem Compensation costs 1.0 0.9 0.9 1.1 1.0 1.0 1.0 0.8 Wages and salaries 1.0 0.9 0.8 1.0 1.0 0.8 0.9 0.8 Benefit costs 1.2 1.0 1.I 1.2 1.1 1.5 1.2 1.0 Private industry Compensation costs 1.2 1.0 0.9 1.1 1.0 0.9 1.0 0.9 Wages and salaries 1.0 0.9 0.8 1.0 1.0 0.7 0.9 0.9 Benefit costs 1.3 1.2 1.1 1.3 1.1 1.4 1.3 1.1 State and local government Compensation costs 0.7 0.5 1.0 1.0 1.1 1.4 0.6 0.7 Wages and salaries 0.8 0.8 0.9 0.9. 1.0 1.0 0.7 0.7 Benefit costs 0.5 0.1 0.9 1.1 1.2 2.2 0.8 0.7 NOTE This release incorporates new seasonal adjustment factors. See page 3 for details.