Meaning Employment Cost Index
What does Employment Cost Index mean? Here you find 5 meanings of the word Employment Cost Index. You can also add a definition of Employment Cost Index yourself

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Employment Cost Index


The Employment Cost Index (ECI) is a measure of the change in the cost of labor, free from the influence of employment shifts among occupations and industries. The series measures changes in compensat [..]
Source: bls.gov

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Employment Cost Index


Definition An index used to monitor inflation. The Employment Cost Index measures the relative changes in wages, benefits, and bonuses for a specific group of occupations. The reason the ECI is though [..]
Source: investorwords.com

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Employment Cost Index


Measure of the change in cost of labor, free from the influence of employment shifts among occupations and industries.
Source: wisdomtree.com

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Employment Cost Index


Employment cost index is a quarterly measure of changes in labor costs. It is one of the main economic indicators used by the Federal Reserve Bank. The following are some of the main features of the d [..]
Source: definitions.uslegal.com

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Employment Cost Index


measures the rate of change in employee compensation, which includes wages, salaries, and employer’s cost for employee benefits.  The ECI was developed in response to a frequently expressed need fo [..]
Source: ok.gov

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