Employment Cost Index (ECI)
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Summary
The Employment Cost Index (ECI) measures the change in the hourly labor cost to employers over time. The ECI uses a fixed “basket” of labor to produce a pure cost change, free from the effects of workers moving between occupations and industries and includes both the cost of wages and salaries and the cost of benefits.
| Agency | DOL, BLS |
|---|
Details
| OMB Control Number | 1220-0164 | |||
|---|---|---|---|---|
| Authorizing Statutes | 5 USC 5304, 5 USC 5318, 2 USC 4501, 29 USC 2b | |||
| Related ICRs |
| Reference Number | Title | Agency | Status | Request Type |
|---|---|---|---|---|
| 202310-1220-004 | National Compensation Survey | DOL/BLS | Active | Extension without change of a currently approved collection |
| 202506-1220-001 | New National Compensation Survey | DOL/BLS | Received in OIRA | Revision of a currently approved collection |
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