3. Salary/COLA recommendation
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3. Salary/COLA recommendation
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<br />E'A h. b: + <br /> <br />£: <br />2 <br /> <br />Wages and salaries for civilian, private, and State andlQcal government workers each advanced 0.6 <br />percent during the March quarter. During the prior quarter, civilian and private industry wages and salaries <br />rose 0.5 percent, and State and local government wages and salaries rose 0.6 percent. <br /> <br />Table A 3-month percent changes in Employment Cost Index, seasonally adjusted <br /> June Sep. Dec. Mar. June Sep. Dec. Mar. <br />Compensation Component 2002 2002 2002 2003 2003 2003 2003 2004 <br />Civilian workers <br />Compensation costs 1.0 0.8 0.9 1.2 0.9 1.0 0.8 1.1 <br />Wages and salaries 0.9 0.6 0.5 1.0 0.6 0.7 0.5 0.6 <br />Benefit costs 1.4 1.2 1.4 2.0 1.4 1.5 1.4 2.4 <br />Private industry <br />Compensation costs 1.1 0.6 0.8 1.4 0.8 1.1. 0.8 1.1 <br />Wages and salaries 0.9 0.4 05 1.0 0.6 0.9 0.5 0.6 <br />Benefit costs 1.4 1.1 1.4 2.1 1.4 1.5 1.4 2.6 <br />State and local government <br />Compensation costs 1.0 1.1 1.1 1.0 1.0 0.5 0.8 1.0 <br />Wages and salaries 0.8 0.9 0.8 0.6 0.8 0.1 0.6 0.6 <br />Benefit costs 1.3 1.9 1.8 1.6 1.5 1.6 1.3 1.7 <br />Over-the-year changes, not seasonally adjusted <"., .,": <br /> <br />Annual compensation costs for civilian workers increased 3.8 percent for the year ended March 2004, <br />compared with a 3.9 percent over-the-year increase for March 2003. Compensation costs in private industry <br />rose 3.9 percent in the year ended March 2004, compared with a 3.8 percent increase in March 2003. In <br />contrast, compensation costs slowed to a 3.3 percent increase for State and local government for the year <br />ended March 2004, compared with an over-the-year gain of 4.2 percent in March 2003. (See tables B, 2, and <br />3) " <br /> <br />'The components of compensation continued to show &ignificant differences. While increases in wages. <br />and salari~s continued to slow, benefit costs continued to rise sharply during.'thé year ended March 2004. For <br />civilian workers, wages and salaries increased 2.5 percent in the year ended March 2004, compared with a gain <br />of 2.9 percent in March 2003. Benefit costs jumped 6.9 percent for the period ended March 2004, higher than <br />the increase of 6.1 percent for the year ended March 2003. (See tables B, 5, 6, and 8.) <br /> <br />. Table B. 12-month percent changes in Employment Cost Index, not seasonally adjusted <br />. Mar. Mar. Mar. Mar. Mar. Mar. <br />1999 2000 2001 2002 2003 2004 <br />" <br /> <br />Compensation Component <br />Civilian workers <br />Compensation costs <br />Wages and salaries <br />Benefit costs <br />Private industry <br />Compensation costs <br />Wages and salaries <br />Benefit costs <br />State and local government <br />Compensation costs <br />Wages and salaries <br />Benefit costs <br /> <br /> :-' <br />3.0 4.3 ,'4.1 3.9 3.9 3.8 <br />3.3 4.0 3.8 3.5 2.9 2.5 <br />2.3 5.0 . 4.7.~ 4.9 6.1 6.9 <br />3.0 4.6 :'4.2 ' 3.9 3.8 3.9 <br />3.3 4.2 3.8 '.3.5 3.0 2.6 <br />2.2 5.5 5.0 ..", 4.8 6.1 7.0 <br />2.9 3.6 3.3 3.9 4.2 3.3 <br />2.9 3.8 3.5 " 3.4 3.1 2.1 <br />2.8 3.2 2.8 5.0 6.6 6.2 <br /> <br />, <br />
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