July 12, 2000 (The Editor’s Desk is updated each business day.)
Health care 5½
percent of compensation
In March 2000, private industry health benefit
costs averaged $1.09 per hour or 5.5 percent of total compensation.
[Chart data—TXT]
In goods-producing industries, health benefit costs were $1.62 per hour
(6.9 percent of total compensation) compared with 92 cents (4.9 percent of
total compensation) for service-producing industries.
Employer costs for health benefits ranged from 42 cents and 4.3 percent
of total compensation for service occupations to $1.28 per hour and 6.8
percent of total compensation for blue-collar occupations. In white-collar
occupations, employer costs for health benefits averaged $1.21 (5.0
percent).
These data are a product of the BLS Employment
Cost Trends program. Additional
information is available from "Employer
Costs for Employee Compensation, March 2000,"
news release USDL 00-186.
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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