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Compensation costs for private industry workers increased 3.1 percent from June 2020 to June 2021

August 05, 2021

Compensation costs for private industry workers increased 3.1 percent from June 2020 to June 2021. Wages and salaries increased 3.5 percent for the 12-month period ending in June 2021, while the cost of benefits increased 2.0 percent for private industry workers.

Wages and salaries, and benefits, in private industry and state and local government, 12-month percent change, not seasonally adjusted
Month Private industry wages and salaries Government wages and salaries Private industry benefits Government benefits

Mar 2006

2.4% 2.8% 3.0% 5.4%

Jun 2006

2.8 3.1 2.7 5.5

Sep 2006

3.0 3.7 2.8 5.2

Dec 2006

3.2 3.5 3.1 5.2

Mar 2007

3.6 3.8 2.2 6.3

Jun 2007

3.3 3.8 2.6 6.6

Sep 2007

3.4 3.5 2.4 6.0

Dec 2007

3.3 3.5 2.4 5.5

Mar 2008

3.2 3.5 3.2 4.1

Jun 2008

3.1 3.4 2.6 3.5

Sep 2008

2.9 3.5 2.4 3.3

Dec 2008

2.6 3.1 2.0 2.9

Mar 2009

2.0 3.0 1.6 3.4

Jun 2009

1.6 3.0 1.3 3.5

Sep 2009

1.4 1.9 1.1 3.1

Dec 2009

1.3 1.9 0.9 3.1

Mar 2010

1.5 1.6 2.0 2.5

Jun 2010

1.6 1.3 2.4 2.5

Sep 2010

1.6 1.2 2.8 2.8

Dec 2010

1.8 1.2 2.9 2.9

Mar 2011

1.6 1.2 3.0 3.3

Jun 2011

1.7 1.2 4.0 3.0

Sep 2011

1.7 1.0 3.3 2.5

Dec 2011

1.6 1.0 3.6 2.1

Mar 2012

1.9 1.0 2.8 2.3

Jun 2012

1.8 1.1 1.9 2.7

Sep 2012

1.8 1.1 2.2 3.2

Dec 2012

1.7 1.1 2.0 3.4

Mar 2013

1.7 1.0 2.0 3.5

Jun 2013

1.9 1.0 1.9 3.3

Sep 2013

1.8 0.9 2.0 2.9

Dec 2013

2.1 1.1 1.9 3.3

Mar 2014

1.7 1.2 1.8 3.0

Jun 2014

1.9 1.3 2.4 3.2

Sep 2014

2.3 1.6 2.3 3.0

Dec 2014

2.2 1.6 2.5 2.9

Mar 2015

2.8 1.8 2.6 2.8

Jun 2015

2.2 1.9 1.4 2.7

Sep 2015

2.1 1.8 1.4 3.0

Dec 2015

2.1 1.8 1.3 3.5

Mar 2016

2.0 1.8 1.2 3.5

Jun 2016

2.6 1.7 1.7 3.4

Sep 2016

2.4 2.0 1.8 3.7

Dec 2016

2.3 2.1 1.8 3.1

Mar 2017

2.6 2.2 1.9 3.1

Jun 2017

2.4 2.1 2.2 3.2

Sep 2017

2.6 2.0 2.4 3.0

Dec 2017

2.8 2.1 2.3 3.2

Mar 2018

2.9 1.8 2.5 3.0

Jun 2018

2.9 1.9 2.8 3.1

Sep 2018

3.1 2.3 2.5 3.1

Dec 2018

3.1 2.4 2.6 3.1

Mar 2019

3.0 2.5 2.4 3.6

Jun 2019

3.0 2.5 1.8 3.6

Sep 2019

3.0 2.7 2.0 3.5

Dec 2019

3.0 2.5 1.9 3.3

Mar 2020

3.3 2.7 1.6 3.3

Jun 2020

2.9 2.6 2.0 3.1

Sep 2020

2.7 1.8 2.0 3.2

Dec 2020

2.8 1.8 2.1 3.1

Mar 2021

3.0 1.6 2.5 2.6

Jun 2021

3.5 1.6 2.0 2.6

Compensation costs for state and local government workers increased 2.0 percent for the 12-month period ending in June 2021, compared with an increase of 2.7 percent in June 2020. Wages and salaries increased 1.6 percent for the 12-month period ending in June 2021, compared with an increase of 2.6 percent a year ago. Benefit costs for state and local government workers increased 2.6 percent for the 12-month period ending in June 2021. The prior year increase was 3.1 percent.

These data are from the Employment Cost Trends program. To learn more, see "Employment Cost Index — June 2021." We also have more charts on the Employment Cost Index.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Compensation costs for private industry workers increased 3.1 percent from June 2020 to June 2021 at https://www.bls.gov/opub/ted/2021/compensation-costs-for-private-industry-workers-increased-3-1-percent-from-june-2020-to-june-2021.htm (visited November 07, 2024).

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