December 2022 Employment Cost Index — 2023-01-31

Compensation costs for civilian workers increased 1.0 percent, seasonally adjusted, for the 3-month period ending in December 2022, the U.S. Bureau of Labor Statistics reported today. Wages and salaries increased 1.0 percent and benefit costs increased 0.8 percent from September 2022. (See tables A, 1, 2, and 3.) Compensation costs for civilian workers increased 5.1 percent for the 12-month period ending in December 2022 and increased 4.0 percent in December 2021. Wages and salaries increased 5.1 percent for the 12-month period ending in December 2022 and increased 4.5 percent for the 12-month period ending in December 2021. Benefit costs increased 4.9 percent over the year and increased 2.8 percent for the 12-month period ending in December 2021. (See tables A, 4, 8, and 12.) Compensation costs for private industry workers increased 5.1 percent over the year. In December 2021, the increase was 4.4 percent.