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Employment Cost Index

Published by Bureau of Labor Statistics | U.S. Department of Labor Bureau of Labor Statistics | Metadata Last Checked: June 28, 2025 | Last Modified: 2019
The Employment Cost Index (ECI) component of the National Compensation Survey (NCS) that measures changes in labor costs. The ECI is a quarterly measure of the change in the cost of labor, free from the influence of employment shifts among occupations and industries. The compensation series includes changes in wages and salaries plus employer costs for employee benefits. The wage and salary series and benefit series provide the change for the two components of compensation. Employee benefit costs are calculated as cost-per-hour-worked for 21 benefits, ranging from employer payments for Social Security to paid time off for holidays. For information and data please visit: https://www.bls.gov/ncs/

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