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US Employment Cost Index – March 2025
Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in March 2025, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 0.8 percent and benefit costs increased 1.2 percent from December 2024. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 3.6 percent for the 12-month period ending in March 2025 and increased 4.2 percent in March 2024. Wages and salaries increased 3.5 percent for the 12-month period ending in March 2025 and increased 4.4 percent in March 2024. Benefit costs increased 3.8 for the ... (full story)