ECI Commentary

ICS' Quarterly Commentary on the Employment Cost Index

2013

Third Quarter 2013 (PDF, 425 KB)
Higher growth in private sector wages/salaries and in the West 
Second Quarter 2013 (PDF, 703 KB)
Annual growth in compensation costs, steady at 1.9%

2012

Third Quarter 2012 (PDF, 1 MB)
ECI aligns with "Jobs Report" in signaling steadily strengthening employment picture
Second Quarter 2012 (PDF, 1 MB)
12-month percent change in private sector benefit costs drops precipitously
First Quarter 2012 (PDF, 1 MB)
ECI essentially flat with increases reported throughout 2010 and 2011

2011

Fourth Quarter 2011 (PDF, 4 MB)
Compensation cost increases continuing in a solid “holding pattern”
Third Quarter 2011 (PDF, 428 KB)
Q3 employment cost index dips
Second Quarter 2011 (PDF, 2 MB)
Employment cost index highest since 2008
First Quarter 2011 (PDF, 837 KB)
Steady, slow currents in U.S. labor market waters, ICS’ Barrington

2010

Fourth Quarter 2010 (PDF, 2 MB)
Labor costs inching up, but not enough to chill hiring: Cornell expert
Third Quarter 2010 (PDF, 498 KB)
Growth rates of U.S. employment costs for the third quarter of 2010 provide further evidence of a soft, but non-recessionary private-sector labor market. The state and local public-sector labor market continues to struggle.
Second Quarter 2010 (PDF, 529 KB)
Benefits Explain Why Employers’ Costs Rise, But Employees Might Feel Worse Off: Director of Cornell’s Institute for Compensation Studies™