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Private industry employer costs for employee compensation among the four regions of the country ranged from $39.04 per hour in the South to $52.91 in the Northeast in March 2024.
Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.2 percent in May.
Prices in the Midwest Region, as measured by the Consumer Price Index for All Urban Consumers (CPI-U), advanced 0.5 percent in April.
| Data Series | Back Data |
Dec 2023 |
Jan 2024 |
Feb 2024 |
Mar 2024 |
Apr 2024 |
May 2024 |
|---|---|---|---|---|---|---|---|
Civilian Labor Force(1) |
|
(r)481.7 | 481.6 | 481.5 | 481.4 | 481.5 | (p)481.6 |
Employment(1) |
|
(r)471.8 | 471.7 | 471.4 | 471.5 | 471.7 | (p)472.0 |
Unemployment(1) |
|
(r)9.9 | 9.9 | 10.0 | 9.9 | 9.7 | (p)9.6 |
Unemployment Rate(2) |
|
(r)2.1 | 2.1 | 2.1 | 2.1 | 2.0 | (p)2.0 |
Total Nonfarm(3) |
|
469.6 | 467.9 | 469.1 | 470.0 | 467.4 | (p)468.5 |
12-month % change |
|
3.0 | 2.3 | 2.3 | 2.3 | 1.8 | (p)1.8 |
Mining, Logging, and Construction(3) |
|
31.8 | 32.0 | 32.0 | 32.0 | 31.5 | (p)31.1 |
12-month % change |
|
14.4 | 11.9 | 11.9 | 11.5 | 9.4 | (p)6.5 |
Manufacturing(3) |
|
45.7 | 45.6 | 45.4 | 44.9 | 44.9 | (p)44.8 |
12-month % change |
|
0.9 | 0.4 | 0.2 | -1.3 | -0.9 | (p)-0.9 |
Trade, Transportation, and Utilities(3) |
|
92.8 | 91.4 | 91.7 | 92.2 | 91.4 | (p)91.5 |
12-month % change |
|
3.0 | 1.1 | 1.2 | 1.7 | 0.3 | (p)0.0 |
Information(3) |
|
5.2 | 5.0 | 5.0 | 5.1 | 5.2 | (p)5.2 |
12-month % change |
|
0.0 | -3.8 | -2.0 | -1.9 | 2.0 | (p)2.0 |
Financial Activities(3) |
|
27.7 | 27.5 | 27.5 | 27.6 | 27.2 | (p)27.6 |
12-month % change |
|
-1.1 | -1.4 | -1.4 | -0.7 | -1.8 | (p)-1.1 |
Professional & Business Services(3) |
|
37.4 | 37.6 | 37.7 | 38.1 | 38.2 | (p)38.2 |
12-month % change |
|
1.1 | 1.6 | 1.6 | 2.4 | 3.0 | (p)2.4 |
Education & Health Services(3) |
|
77.4 | 77.4 | 77.9 | 78.1 | 77.6 | (p)78.1 |
12-month % change |
|
2.0 | 1.4 | 1.8 | 2.0 | 1.7 | (p)2.4 |
Leisure & Hospitality(3) |
|
50.5 | 50.3 | 50.8 | 50.8 | 50.5 | (p)51.0 |
12-month % change |
|
3.9 | 3.3 | 3.9 | 3.7 | 2.9 | (p)3.9 |
Other Services(3) |
|
18.8 | 18.7 | 18.5 | 18.6 | 18.4 | (p)18.2 |
12-month % change |
|
4.4 | 4.5 | 2.8 | 2.8 | 2.2 | (p)1.1 |
Government(3) |
|
82.3 | 82.4 | 82.6 | 82.6 | 82.5 | (p)82.8 |
12-month % change |
|
2.6 | 2.9 | 2.7 | 2.5 | 2.4 | (p)2.7 |
|
Footnotes |
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