Wages & productivity · ECIWAG

Employment Cost Index: wages and salaries

As of Q2 2026, the employment Cost Index: wages and salaries had risen 3.1% from a year earlier, compared with a 12-month change of 3.3% in Q1 2026. The latest value was 179.0 (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)

179.0

Change from Q1 2026

+0.9%

A year earlier

173.6

12-month change

+3.1%

179.0 Q2 2026 · Index Dec 2005=100

14015016017018020222023202420252026

Index Dec 2005=100. Data from Q1 2001 to Q2 2026 (102 observations).

What it measures

This part of the Employment Cost Index covers wages and salaries of private industry workers, without benefits.

Official title
Employment Cost Index: Wages and Salaries: Private Industry Workers
Units
Index Dec 2005=100
Frequency and adjustment
Quarterly, seasonally adjusted
Original source
U.S. Bureau of Labor Statistics
Recent values
DateValueChangeFrom a year ago
Q2 2026179.0+0.9%+3.1%
Q1 2026177.5+0.7%+3.3%
Q4 2025176.2+0.7%+3.4%
Q3 2025174.9+0.8%+3.6%
Q2 2025173.6+1.0%+3.6%
Q1 2025171.8+0.8%+3.4%
Q4 2024170.5+0.9%+3.7%
Q3 2024168.9+0.8%+3.7%
Q2 2024167.6+0.8%+4.0%
Q1 2024166.2+1.1%+4.3%
Q4 2023164.4+1.0%+4.3%
Q3 2023162.8+1.1%+4.5%

Related indicators

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: Wages and Salaries: Private Industry Workers [ECIWAG], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/ECIWAG, Oct 27, 2026.
  • View ECIWAG on FRED® · U.S. Bureau of Labor Statistics

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor U.S. Bureau of Labor Statistics endorses OpenEcon.