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NOTES

Source: U.S. Bureau of Labor Statistics  

Release: Employment Cost Index  

Units:  Index Dec 2005=100, Seasonally Adjusted

Frequency:  Quarterly

Notes:

On April 26, 2006, The Employment Cost Index will convert to the 2002 North American Industry Classification System (NAICS) and the 2000 Standard Occupational Classification System (SOC). In addition, several computational changes will be introduced, including rebasing all series to December 2005=100 from June 1989=100, the introduction of new employment weights and seasonal adjustment factors.
For more detailed information on NAICS and SOC, including background and definitions, please see the Bureau of Labor Statistics (BLS) websites: https://www.bls.gov/bls/naics.htm and http://www.bls.gov/soc/home.htm.

Suggested Citation:

U.S. Bureau of Labor Statistics, Employment Cost Index: Compensation: Private Industry Workers [ECICOM], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/ECICOM, April 8, 2020.

Source: U.S. Bureau of Labor Statistics  

Release: Productivity and Costs  

Units:  Index 2012=100, Seasonally Adjusted

Frequency:  Quarterly

Notes:

The Productivity and Costs release on August 7, 2003,
will reflect the June 2003 benchmark revision to payroll
employment. Since employment is now reported on
a North American Industry Classification System (NAICS) basis,
all of the historical data will be revised.
Changes as a consequence of the move to
NAICS should not be significant since this release
carries data at high levels of aggregation.

Suggested Citation:

U.S. Bureau of Labor Statistics, Nonfarm Business Sector: Compensation Per Hour [COMPNFB], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/COMPNFB, April 8, 2020.






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