Wages & productivity · ECIALLCIV
Employment Cost Index: total compensation
As of Q2 2026, the employment Cost Index: total compensation had risen 3.4% from a year earlier, compared with a 12-month change of 3.4% in Q1 2026. The latest value was 177.2 (index Dec 2005=100).
Source: U.S. Bureau of Labor Statistics via FRED®. Quarterly data, seasonally adjusted. Latest observation Q2 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.
Latest (Q2 2026)
177.2
Change from Q1 2026
+0.9%
A year earlier
171.4
12-month change
+3.4%
177.2 Q2 2026 · Index Dec 2005=100
Index Dec 2005=100. Data from Q1 2001 to Q2 2026 (102 observations).
What it measures
The Employment Cost Index tracks what employers pay per hour for wages and benefits, holding the mix of jobs constant. Because it is not affected by shifts between high- and low-paying jobs, the Fed watches it closely.
- Official title
- Employment Cost Index: Total compensation: All Civilian
- Units
- Index Dec 2005=100
- Frequency and adjustment
- Quarterly, seasonally adjusted
- Original source
- U.S. Bureau of Labor Statistics
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| Date | Value | Change | From a year ago |
|---|---|---|---|
| Q2 2026 | 177.2 | +0.9% | +3.4% |
| Q1 2026 | 175.6 | +0.9% | +3.4% |
| Q4 2025 | 174.0 | +0.7% | +3.4% |
| Q3 2025 | 172.8 | +0.8% | +3.6% |
| Q2 2025 | 171.4 | +0.9% | +3.6% |
| Q1 2025 | 169.8 | +0.9% | +3.6% |
| Q4 2024 | 168.3 | +0.9% | +3.8% |
| Q3 2024 | 166.8 | +0.8% | +3.8% |
| Q2 2024 | 165.4 | +0.9% | +4.0% |
| Q1 2024 | 163.9 | +1.0% | +4.2% |
| Q4 2023 | 162.2 | +0.9% | +4.2% |
| Q3 2023 | 160.7 | +1.1% | +4.4% |
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This page shows public economic data for general information. It is not financial advice and does not predict future values.
Sources
- U.S. Bureau of Labor Statistics, Employment Cost Index: Total compensation: All Civilian [ECIALLCIV], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/ECIALLCIV, Oct 27, 2026.
- View ECIALLCIV on FRED® · U.S. Bureau of Labor Statistics
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