Prior | Actual | |
ECI – Q/Q change | 0.4 % | 0.6 % |
ECI – Y/Y change | 2.0 % | 2.0 % |
The employment cost index measured total compensation costs which include wages and salaries and also benefits. Benefits include vacations, but the primary mover is health insurance premiums. |
* Measures the total amount of compensation cost; including wages, salaries and benefits for employees.