Makrognosis

United States Employment Cost Index

QuarterlySeasonally adjustedCode US.ECI.Q.SA

Latest (y/y)3.4%Q3 2026
Previous (y/y)3.4%Q2 2026
Level178.6Q3 2026

United States Employment Cost Index was up 3.4% year on year in Q3 2026, compared with 3.4% in Q2 2026.

The level stood at 178.6 (index).

That is the lowest reading since Q2 2021.

Over the past ten years it has ranged from 2.2% (Q4 2016) to 5.1% (Q2 2022), averaging 3.4%.

United States Employment Cost Index, annual % change, Q1 2002 – Q3 20261%2%3%4%5%20052010201520202025Robomacro
United States Employment Cost Index, annual % change, Q1 2002 – Q3 2026. Source: U.S. Bureau of Labor Statistics.
United States Employment Cost Index, level (index)8010012014016018020052010201520202025Robomacro
United States Employment Cost Index, level (index).

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValueY/Y %
Q3 2026178.63.4
Q2 2026177.23.4
Q1 2026175.63.4
Q4 2025174.03.4
Q3 2025172.83.6
Q2 2025171.43.6
Q1 2025169.83.6
Q4 2024168.33.8
Q3 2024166.83.8
Q2 2024165.44.0
Q1 2024163.94.2
Q4 2023162.24.2
Q3 2023160.74.4
Q2 2023159.04.5
Q1 2023157.34.8
Q4 2022155.75.1
Q3 2022153.95.1
Q2 2022152.15.1
Q1 2022150.14.5
Q4 2021148.24.0
Q3 2021146.53.6
Q2 2021144.72.8
Q1 2021143.72.6
Q4 2020142.52.6

Last 24 observations. The full history (103 observations) is available through the API.

Get United States Employment Cost Index in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/US.ECI.Q.SA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/US.ECI.Q.SA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationQ3 2026
First observationQ1 2001
Observations103
FrequencyQuarterly
Unitsindex
AdjustmentSeasonally adjusted
10-year high5.1% (Q2 2022)
10-year low2.2% (Q4 2016)
10-year average3.4%
Source agencyU.S. Bureau of Labor Statistics
Makrognosis codeUS.ECI.Q.SA

Other United States indicators

United States GDP (Gross Domestic Product)United States Nominal GDP (SAAR)United States CPI-U, All Items (NSA)United States Inflation Rate (CPI)United States Core CPI (ex food & energy) (NSA)United States Core Inflation RateUnited States Unemployment RateUnited States Unemployment Rate (NSA)United States Credit Rating & Sovereign Risk ScoreUnited States Industrial ProductionUnited States Retail SalesUnited States Producer Price Inflation (PPI)United States Current account balance, SAUnited States Current account balance, annualUnited States Trade Balance: Goods & ServicesUnited States Exports of Goods & Services (BOP basis)

FAQ

What is the current employment Cost Index in United States?
The latest reading is 3.4% year on year for Q3 2026, published by U.S. Bureau of Labor Statistics.
Where does this data come from?
It is collected directly from U.S. Bureau of Labor Statistics and is available through the Makrognosis API under the code US.ECI.Q.SA.

Last updated 2026-10-31. Source: U.S. Bureau of Labor Statistics. Original title: “Employment Cost Index (civilian)”.