23a. Index of labor costs, construction versus all industries, 2001-2015 (Seasonally adjusted; private industry)

Slides:



Advertisements
Similar presentations
Tracking the Recovery December 12, Real Gross Domestic Product Source: Bureau of Economic Analysis via Haver Analytics.
Advertisements

An update on the economic performance of Northwest Indiana Prepared for the Northwest Initiative by Morton J. Marcus December 2003 How are we doing?
Wichita 2007 Review 2008 Forecast Janet Harrah, director Center for Economic Development and Business Research, WSU October 2007.
1 For: Greater Yakima Chamber of Commerce Donald W. Meseck Regional Labor Economist February 9, 2015 Yakima County Economy – 2014 in Review.
Lecture 2 Introduction to Employee Benefits Why study employee benefits? Define “employee benefits” Show the significance of employee benefits Identify.
CITY DEMOGRAPHIC ANALYSIS Understanding Your City’s Population | 2 mi | 2 mi | 200’
FLORIDA’S NONPROFIT SECTOR: A MAJOR ECONOMIC FORCE Lester M. Salamon Miami, Florida, November 7, 2007.
Analysis: Wages and Benefits for Private and State Public Sector May 4, 2015.
LESSON 8-1 Human Resources Basics
Employment Trends In the Finger Lakes (Ontario, Seneca, Wayne and Yates counties) Finger Lakes Planning Committee Meeting February 9, 2007.
Economic & Industry Update March 8, 2011 Bob Costello Chief Economist & Vice President American Trucking Associations.
Human Resources, Culture, and Diversity
Economic Indicators Lauren Rudd January 9, Same store sales 01/9/20142.
Unemployment Trends for the US, New England, and the New England States.
National Compensation Trends William Wiatrowski Associate Commissioner Compensation and Working Conditions COPAFS September 24, 2010.
Semiannual Forecast Report December 6, 2011 ISM Business Survey Committees.
Recent Growth Rate of US GDP Since the Great Recession nited-states/gdp-growth.
24a. Index of labor costs, construction and all industries, (Seasonally adjusted: private industry)
Total Wage & Salary Employment U.S. Employment Wichita Employment Sources: Kansas Department of Labor; U.S. Bureau of Labor Statistics.
2011 Sales Tax Collections Final Activity (Unaudited) Nicola Sapp County Budget Officer April 5, 2012 Attachment A.
The South Florida Region According to REMI REMI Southeast Policy Analysis and Users’ Conference January 29 th, 2004 Fort Lauderdale, Florida.
Average Vacancy Duration Is Nearly Unchanged in December: The Broader Trends Is Toward Tighter Labor Markets Dr. Steven J. Davis University of Chicago.
New Hampshire Labor and Economic Trends Presented to the New Hampshire Senate and House of Representatives Ways and Means and Finance Committees Concord,
Union Membership in the US. AFL-CIO 13.5 million members (in 66 unions) 13.1% union density (16m members) Affiliates do Organizing and Bargaining.
Corvallis Chamber Economic Forecast Breakfast January 13, 2016.
1 For: South Central WDC – Full Board Meeting Donald W. Meseck Regional Labor Economist February 9, 2016 Yakima County Economy – 2015 in Review.
Table 8.1 Value Added by Sectors, 2004, billions of dollars (to be continued) IndustryValue Added Percent of GDP Primary Sector Agriculture, forestry,
TIAA-CREF North Carolina Economic Forecast March 11, 2008.
FORMS OF INCOME Wage Minimum Wage Piecework Income Salary Commission Tips Bonus.
1 For: Leadership Kittitas County Donald W. Meseck Regional Labor Economist April 18, 2014 Kittitas County Economic Update.
Oregon Employment 110 K Jobs 4 Years Job Growth by Industry Wages January 2014 / 2010 Oregon Average Wage $1,000 Job Growth Industry High Wage High.
Department of Labor Regulations on Overtime. Fair Labor Standards Act – legislation that governs minimum wage and overtime Positions are considered hourly.
This session is brought to you by
National Economic Conditions
Chapter 6 Pay, Benefits, and Working Conditions
Fair Labor Standards Act Update October 4, 2016
Compensation and Benefits
Understanding Pay, Benefits, and Incentives
Mean Vacancy Duration Rose to 28.9 Working Days in June
Categories of Employee Benefits
Pay, Benefits, and Incentives
8 Human Resources, Culture, and Diversity 8-1 Human Resources Basics
Supplemental Digital Content Figure 1
Agriculture, forestry, and fishing
2 Overview of the Labor Market.

27a. Participation level in employment-based retirement plans, by industry, 2005 (Wage-and-salary workers) 84% 67% 65% 64% 62% 54% 51%
Services Transportation Construction Retail Finance Wholesale -5.2%
Just how much do you know about how people get paid?
Lecture 2 Introduction to Employee Benefits
54a. Employer spending on workers’ compensation, selected industries, 2015 (Private wage-and-salary workers)
Total Wage & Salary Employment
Should the UASU support $15 Minimum Wage?
Table 8.1.
28a. Percentage of employees having a high school diploma or higher education, by industry, 2005 (All types of employment)
24b. Average hourly wage in construction, by gender and union status, average (Production workers)
27a. Participation level in employment-based retirement plans, by industry, 2015 (Wage-and-salary workers) 71.4% 55.5% 51.9% 51.1% 50.3% 44.7% 41.3% 33.7%
Chapter 6 Pay, Benefits, and Working Conditions
Civilian noninstitutional population
12b. Union membership and coverage in construction, public vs
Chapter 9 Compensation and Benefits
© 2012 South-Western, Cengage Learning, Inc. All rights reserved.
26a. Percentage of workers with health insurance, by source and industry, % 94.7% 92.9% 91.8% 91.0% 89.9% 89.2% 78.3% 73.4% 89.9%
26a. Percentage of employees covered and source of employment-based health insurance, by industry, 2005 (Wage-and-salary workers) 96%
Chapter 6 Pay, Benefits, and Working Conditions
24a. Average hourly wage in construction, by race / ethnicity and union status, 2015 (Production workers) Race/Ethnicity.
22b. Index of labor costs for construction and all industries, (Seasonally adjusted)
Mean Vacancy Duration Rose to 30.5 Working Days in April
Copyright ©2012 by Cengage Learning. All rights reserved.9- 1 Chapter 9 Compensation and Benefits Prepared by Joseph Mosca Monmouth University.
Total Wage & Salary Employment
Presentation transcript:

23a. Index of labor costs, construction versus all industries, 2001-2015 (Seasonally adjusted; private industry)

23b. Average hourly wage, construction versus all industries, 2006-2016 (Private industry; 2016 dollars)

23c. Average hourly labor costs, by industry, December 2015 (Private industry) Total Compensation Wages & Salaries Benefit Costs Paid Leave Suppl. Pay Insurance Retirement & Savings Legally Required Total $ % of Total Comp. Utilities $58.88 $35.28 $5.07 $2.19 $5.96 $6.18 $4.20 7.1% $23.60 40.1% Information $53.09 $34.64 $4.87 $2.32 $5.18 $2.54 $3.53 6.7% $18.45 34.8% Finance $43.87 $29.76 $3.78 $2.03 $3.74 $1.69 $2.87 6.5% $14.11 32.2% Manufacturing $38.50 $24.98 $2.90 $1.67 $3.89 $2.12 $2.93 7.6% $13.52 35.1% Transportation* $37.85 $24.04 $2.67 $1.16 $4.22 $2.30 $3.48 9.2% $13.82 36.5% Construction $37.00 $25.85 $1.57 $0.96 $2.82 $1.91 $3.88 10.5% $11.15 30.1% Wholesale trade $34.95 $24.74 $2.52 $1.04 $2.80 $1.10 $2.75 7.9% $10.21 29.2% Retail trade $17.95 $0.84 $0.30 $1.20 $0.38 $1.61 8.9% $4.33 24.1% All industries $31.70 $22.14 $2.18 $1.06 $1.25 $2.53 8.0% $9.57 30.2%

23d. Average hourly labor costs in construction, by union status, March 2016 (Private industry)

23e. Average hourly labor costs, residential versus nonresidential specialty trades, 2016 (Private industry)