Employment Cost Index (8:30)

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Employment Cost Index (8:30)

July 31 @ 8:30 am

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The Employment Cost Index, or ECI, is a Principal Federal Economic Indicator produced from the National Compensation Survey (NCS). It measures changes in the hourly labor costs to employers, independent of employment shifts among occupations and industries. For example, these compensation costs changes are often expressed as “In December 2018, private industry wages and salaries grew 3.1 percent from the previous December.”


July 31
8:30 am