August 03, 2001 (The Editor’s Desk is updated each business day.)

Employment cost increase by occupation

In private industry, compensation costs increased 4.2 percent for white-collar occupations, 3.6 percent for blue-collar occupations, and 4.1 percent for service occupations in the year ended June 2001.

[Chart data—TXT]

Among the occupational groups, increases in compensation costs ranged from 2.8 percent each for sales workers and for machine operators, assemblers, and inspectors to 4.7 percent for administrative support, including clerical occupations.

For the year ended June 2001, the compensation cost increase was 4.0 percent overall in private industry.

These data are from the BLS Employment Cost Trends program. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits. Learn more in "Employment Cost Index—June 2001," news release USDL 01-236.

 

Related TED articles:

• Wages, benefit costs for State and local government workers both up 1.1 percent in past 3 months
• Employment costs in private industry rise 4.0 percent over the year