July 05, 2001 (The Editor’s Desk is updated each business day.)
Health benefits 5.6 percent of total compensation
In March 2001, private industry health benefit costs averaged $1.16 per hour or 5.6 percent of total compensation.
![Health care costs as a share of private-industry compensation, March 2001](https://webarchive.library.unt.edu/web/20120921215025im_/http://www.bls.gov/opub/ted/images/2001/July/wk1/art03.gif) [Chart data—TXT]
In goods-producing industries, health benefit costs were $1.68 per hour (6.9 percent of total compensation) compared with $1.01 (5.1 percent of total compensation) for service-producing industries.
Employer costs for health benefits ranged from $1.34 per hour and 6.9 percent of total compensation for blue-collar occupations to 49 cents and 4.7 percent for service occupations. In white-collar occupations, employer costs for health benefits averaged $1.29 (5.1 percent).
The compensation data in this report are produced by the Employment
Cost Trends program. Compensation costs (also known as employment
costs) include wages, salaries, and employer costs for employee benefits.
Find out more about compensation levels in "Employer
Costs for Employee Compensation," news release USDL 01-194.
Of interest
Spotlight on Statistics: National Hispanic Heritage Month
In this Spotlight, we take a look at the Hispanic labor force—including labor force participation, employment and unemployment, educational attainment, geographic location, country of birth, earnings, consumer expenditures, time use, workplace injuries, and employment projections.
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