Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

BLS U S Bureau of Labor Statistics : Changing Compensation Costs in the Los Angeles Metropolitan Area – June 2018

08/07/2018 | 05:46am EDT

News Release Information

Monday, August 06, 2018

Total compensation costs for private industry workers increased 3.1 percent in the Los Angeles-Long Beach-Riverside, Calif. metropolitan area for the year ended June 2018, the U.S. Bureau of Labor Statistics reported today. Assistant Commissioner for Regional Operations Richard Holden noted that one year ago, Los Angeles experienced an annual gain of 2.9 percent in compensation costs. Locally, wages and salaries, the largest component of compensation costs, advanced at a 3.3-percent pace for the 12-month period ended June 2018. Nationwide, total compensation costs increased 2.9 percent and wages and salaries also rose 2.9 percent from June 2017 to June 2018. (See chart 1 and table 1.)

Los Angeles is 1 of 15 metropolitan areas in the United States and 1 of 4 areas in the West region of the country for which locality compensation cost data are now available. Among these 15 largest areas, over-the-year percentage increases in the cost of compensation ranged from 7.8 percent in Seattle to 1.7 percent in Boston in June 2018; for wages and salaries, San Jose registered the largest increase (4.5 percent) while Boston registered the smallest (1.1 percent). (See chart 2.)

The annual increase in compensation costs in Los Angeles was 3.1 percent in June 2018, compared to advances that ranged from 7.8 to 3.5 percent in the three other metropolitan areas in the West (Phoenix, San Jose, and Seattle). Los Angeles' increase in wages and salaries over this 12-month period was 3.3 percent. The other three western localities ranged from 4.5 to 3.6 percent. (See table 2.)

Locality compensation costs are part of the national Employment Cost Index (ECI), which measures quarterly changes in compensation costs, which include wages, salaries and employer costs for employee benefits. In addition to the 15 locality estimates provided in this release, ECI data for the nation, 4 geographical regions, and 9 geographical divisions are available. (Geographical definitions for the metropolitan areas mentioned in this release are included in the Technical Note.)

In addition to the geographic data, a comprehensive national report is available that provides data by industry, occupational group, and union status, as well as for both private, and state and local government employees. The release is available on the Internet at www.bls.gov/ncs/ect/home.htm. Current and historical information from other Bureau programs may be accessed via our regional homepage at www.bls.gov/regions/west/.

The Employment Cost Index for September 2018 is scheduled to be released on Wednesday, October 31, 2018.

Technical Note

The Employment Cost Index (ECI) measures the change in the cost of labor, free from the influence of employment shifts among occupations and industries. The compensation series includes changes in wages and salaries and employer costs for employee benefits.

Wages and salaries are defined as straight-time average hourly earnings or, for workers not paid on an hourly basis, straight-time earnings divided by the corresponding hours. Straight-time wage and salary rates are total earnings before payroll deductions, excluding premium pay for overtime, work on weekends and holidays, and shift differentials. Production bonuses, incentive earnings, commission payments, and cost-of-living adjustments are included in straight-time earnings, whereas nonproduction bonuses (such as Christmas or year-end bonuses) are excluded. Also excluded are such items as payments-in-kind, free room and board, and tips.

Based on available resources and the existing ECI sample, it was determined that estimates would be published for 15 metropolitan areas. Since the ECI sample sizes by area are directly related to area employment, the areas with the largest private industry employment as of the year 2000 were selected. For each of these areas, 12-month percent changes and associated standard errors were computed for the periods since December 2006.

The metropolitan area definitions of the 15 published localities are listed below.

  • Atlanta-Sandy Springs-Gainesville, Ga.-Ala. Combined Statistical Area (CSA) includes Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Hall, Haralson, Heard, Henry, Jasper, Lamar, Meriwether, Newton, Paulding, Pickens, Pike, Polk, Rockdale, Spalding, Troup, Upson, and Walton Counties in Georgia; and Chambers County in Alabama.
  • Boston-Worcester-Manchester, Mass.-N.H. CSA includes Essex, Middlesex, Norfolk, Plymouth, Suffolk, and Worcester Counties in Massachusetts and Belknap, Hillsborough, Merrimack, Rockingham, and Strafford Counties in New Hampshire.
  • Chicago-Naperville-Michigan City, Ill.-Ind.-Wis. CSA includes Cook, DeKalb, DuPage, Grundy, Kane, Kankakee, Kendall, Lake, McHenry, and Will Counties in Illinois; Jasper, Lake, LaPorte, Newton, and Porter Counties in Indiana; and Kenosha County in Wisconsin.
  • Dallas-Fort Worth, Texas CSA includes Collin, Cooke, Dallas, Delta, Denton, Ellis, Henderson, Hood, Hunt, Johnson, Kaufman, Palo Pinto, Parker, Rockwall, Somervell, Tarrant, and Wise Counties in Texas.
  • Detroit-Warren-Flint, Mich. CSA includes Genesee, Lapeer, Livingston, Macomb, Monroe, Oakland, St. Clair, Washtenaw, and Wayne Counties in Michigan.
  • Houston-Baytown-Huntsville, Texas CSA includes Austin, Brazoria, Chambers, Fort Bend, Galveston, Harris, Liberty, Matagorda, Montgomery, San Jacinto, Walker, and Waller Counties in Texas.
  • Los Angeles-Long Beach-Riverside, Calif. CSA includes Los Angeles, Orange, Riverside, San Bernardino, and Ventura Counties in California.
  • Miami-Fort Lauderdale-Pompano Beach, Fla. Metropolitan Statistical Area (MSA) includes Broward, Miami-Dade, and Palm Beach Counties in Florida.
  • Minneapolis-St. Paul-St. Cloud, Minn.-Wis. CSA includes Anoka, Benton, Carver, Chisago, Dakota, Goodhue, Hennepin, Isanti, McLeod, Ramsey, Rice, Scott, Sherburne, Stearns, Washington, and Wright Counties in Minnesota; and Pierce and St. Croix Counties in Wisconsin.
  • New York-Newark-Bridgeport, N.Y.-N.J.-Conn.-Pa. CSA includes Bronx, Dutchess, Kings, Nassau, New York, Orange, Putnam, Queens, Richmond, Rockland, Suffolk, Ulster, and Westchester Counties in New York; Bergen, Essex, Hudson, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, and Union Counties in New Jersey; Fairfield, Litchfield, and New Haven Counties in Connecticut; and Pike County in Pennsylvania.
  • Philadelphia-Camden-Vineland, Pa.-N.J.-Del.-Md. CSA includes Bucks, Chester, Delaware, Montgomery, and Philadelphia Counties in Pennsylvania; Burlington, Camden, Cumberland, Gloucester, and Salem Counties in New Jersey; New Castle County in Delaware; and Cecil County in Maryland.
  • Phoenix-Mesa-Scottsdale, Ariz. MSA includes Maricopa and Pinal Counties in Arizona.
  • San Jose-San Francisco-Oakland, Calif. CSA includes Alameda, Contra Costa, Marin, Napa, San Benito, San Francisco, San Joaquin, San Mateo, Santa Clara, Santa Cruz, Sonoma, and Solano Counties in California.
  • Seattle-Tacoma-Olympia, Wash. CSA includes Island, King, Kitsap, Lewis, Mason, Pierce, Skagit, Snohomish, and Thurston Counties in Washington.
  • Washington-Baltimore-Northern Virginia, D.C.-Md.-Va.-W.Va. CSA includes the District of Columbia; Baltimore City and Anne Arundel, Baltimore, Calvert, Carroll, Charles, Frederick, Harford, Howard, Montgomery, Prince George's, Queen Anne's, and St. Mary's Counties in Maryland; Alexandria, Fairfax, Falls Church, Fredericksburg, Manassas, Manassas Park, and Winchester Cities and Arlington, Clarke, Fairfax, Fauquier, Frederick, Loudoun, Prince William, Spotsylvania, Stafford, and Warren Counties in Virginia; and Hampshire and Jefferson Counties in West Virginia.

Definitions of the four geographic regions of the country are noted below.

  • Northeast: Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont.
  • South: Alabama, Arkansas, Delaware, the District of Columbia, Florida, Georgia, Kentucky, Louisiana, Maryland, Mississippi, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Virginia, and West Virginia.
  • Midwest: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
  • West: Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington, and Wyoming.

Information in this release will be made available to sensory impaired individuals upon request. Voice phone: (202) 691-5200; Federal Relay Service: (800) 877-8339.

Area Total compensation Wages and salaries
12-month percent changes for period ended- 12-month percent changes for period ended-
March June Sep. Dec. March June Sep. Dec.

United States


1.7 2.0 2.3 2.3 1.7 1.9 2.3 2.2


2.8 1.9 1.9 1.9 2.8 2.2 2.1 2.1


1.8 2.4 2.3 2.2 2.0 2.6 2.4 2.3


2.3 2.4 2.5 2.6 2.6 2.4 2.6 2.8


2.8 2.9 2.9 2.9



2.1 2.0 2.3 2.4 2.0 1.9 2.3 2.5


2.5 2.4 2.2 2.3 2.6 2.5 2.4 2.5


2.5 2.7 2.6 2.6 2.6 2.9 2.8 2.8


2.9 3.0 3.4 3.3 3.2 3.1 3.4 3.3


3.6 3.6 3.7 3.7

Los Angeles-Long Beach-Riverside


1.3 1.5 2.6 2.8 1.1 1.2 2.3 2.4


3.3 2.7 2.2 2.5 3.4 3.1 2.6 2.7


3.3 3.7 3.3 2.6 3.7 4.0 3.8 3.1


2.5 2.9 3.6 3.7 2.7 2.7 3.2 3.3


3.2 3.1 3.1 3.3
Area Total compensation Wages and salaries
12-month percent changes for period ended- 12-month percent changes for period ended-
Jun. 2017 Mar. 2018 Jun. 2018 Jun. 2017 Mar. 2018 Jun. 2018

United States

2.4 2.8 2.9 2.4 2.9 2.9


2.7 2.7 2.7 2.8 2.9 2.4


2.7 2.0 1.7 2.9 1.7 1.1

New York-Newark-Bridgeport

3.3 2.8 3.0 3.5 3.1 2.8


2.3 2.7 3.0 2.0 2.7 2.8


1.6 2.6 2.7 1.7 2.8 2.9

Atlanta-Sandy Springs-Gainesville

2.2 1.1 1.9 2.6 1.7 2.0

Dallas-Fort Worth

2.4 2.2 2.1 3.1 2.2 1.8


2.1 2.1 1.8 2.5 2.3 1.9

Miami-Fort Lauderdale-Pompano Beach

3.7 2.4 2.7 3.9 2.7 3.1

Washington-Baltimore-Northern Virginia

1.9 2.5 3.1 2.5 2.8 3.5


2.3 2.4 2.5 2.4 2.4 2.5

Chicago-Naperville-Michigan City

2.8 2.9 3.1 2.8 2.9 3.1


2.1 2.6 3.0 2.2 2.8 3.4

Minneapolis-St. Paul-St. Cloud

3.0 3.5 3.2 3.0 3.9 3.1


3.0 3.6 3.6 3.1 3.7 3.7

Los Angeles-Long Beach-Riverside

2.9 3.2 3.1 2.7 3.1 3.3


2.6 3.6 3.5 2.9 4.0 3.6

San Jose-San Francisco-Oakland

3.1 4.4 4.0 3.1 4.9 4.5


2.7 7.2 7.8 3.6 3.6 3.9


BLS - U.S. Bureau of Labor Statistics published this content on 06 August 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 August 2018 09:45:01 UTC

ę Publicnow 2018
Latest news "Economy & Forex"
09:45aU.S. goods trade deficit widens; inventories rise
09:43aOil nears $75 as U.S. inventory drop counters virus concerns
09:41aUK watchdog demands 40% women in boardrooms, ethnic diversity
09:41aCanadian dollar pares gains as price pressures ease in June
09:34aExplainer-How Robinhood's public listing ups the regulatory stakes
09:34aALPHABET : Google props up Nasdaq after biggest drop in over two months
09:25aCanada's annual inflation rate dips to 3.1% in June
09:20aBattery recycling firm Redwood raises $700 million from big fund managers
09:19aTeva Q2 profit up, sees lower sales for 2021
09:19aToday on Wall Street: Better-than-expected earnings ahead of the Fed
Latest news "Economy & Forex"