August 2, 2011 (The Editor’s Desk is updated each business day.)
12-month private industry compensation costs, June 2011
Compensation costs for private industry workers increased 2.3 percent for the 12-month period ending June 2011, compared to the 1.9-percent increase for the 12-month period ending June 2010.
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Among industry supersectors, compensation cost increases for private industry workers for the current 12-month period ranged from 1.1 percent for leisure and hospitality to 3.3 percent for manufacturing.
Among occupational groups, compensation cost increases for private industry workers for the 12-month period ending June 2011 ranged from 1.8 percent for service occupations to 2.7 percent for production, transportation and material moving occupations.
These data are from the BLS Employment Cost Trends program. To learn more, see "Employment Cost Index — June 2011" (HTML) (PDF), news release USDL-11-1113. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits.
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