Department of Labor Logo United States Department of Labor
Dot gov

The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.


The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.

Employment costs in private industry, September 2008

November 03, 2008

In private industry, compensation costs rose 2.8 percent in the year ended September 2008; the increase for the year ended September 2007 was 3.1 percent.

12-month percent changes in Employment Cost Index, private industry, September 2003 - September 2008
[Chart data—TXT]

Private industry wages and salaries increased 2.9 percent in September 2008. In September 2007 the increase was 3.4 percent. Benefit costs increased 2.4 percent in the 12-month period ended September 2008, the same as in the previous period.

Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits.

These data are from the BLS Employment Cost Trends program. For more information, see "Employment Cost Index – September 2008," (PDF) (HTML) news release USDL 08-1553.


Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Employment costs in private industry, September 2008 at (visited June 24, 2024).

Recent editions of Spotlight on Statistics