PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: Oeconomicus who wrote (498682)	11/25/2003 7:08:23 PM
From: Lizzie Tudor	Read Replies (1) of 769667

yes I can from the BLS site. Employment cost index. Employment costs (Employment Cost Index) Often referred to as total compensation cost (see Total Compensation). The National Compensation Survey program publishes data on trends in employment costs, including quarterly and annual percent changes in labor cost (Employment Cost Index) and employer costs per hour worked for each component of compensation (Employer Cost for Employee Compensation). Seasonally unadjusted wages and salaries private industry, all workers. 2003 Q2: 2.6 1993 Q1: 2.7 2003 Q2 was the last time I looked at this, and in Q3 it popped back up to 3.0, which is a little better but still puts us at 1993 Q3 levels. The peak on this index was 1998, where it registered a high of 4.3, and continued to register in the 3.9-4.2 range through 2000. What was the GDP in 1998? Not 8.2. data.bls.gov

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