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Highest increase in wages and salaries in West

November 01, 2001

The Employment Cost Index for wages and salaries in private industry rose 4.1 percent in the West region in the 12 months ended September 2001. This was the highest increase among the nation's four regions.

12-month percent changes in Employment Cost Index for wages and salaries by region, Sept. 2000 and Sept. 2001
[Chart data—TXT]

In the Northeast, wages and salaries were up 3.6 percent from September 2000 to September 2001. The South and Midwest both registered increases of 3.4 percent.

In each region, the increase in wages and salaries during the 12-month period ended September 2001 was smaller than the increase in the previous 12 months.

In the nation as a whole, wages and salaries for private industry workers rose 3.6 percent for the year ended September 2001, compared with 4.1 percent for the year ended September 2000.

These data are from the BLS Employment Cost Trends program. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits. Learn more in "Employment Cost Index—September 2001," news release USDL 01-369.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Highest increase in wages and salaries in West at https://www.bls.gov/opub/ted/2001/oct/wk5/art04.htm (visited October 07, 2024).

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