Civilian Labor Force in Delaware
Monthly, Seasonally Adjusted
DELF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
508,604.00
Year-over-Year Change
0.22%
Date Range
1/1/1976 - 6/1/2025
Summary
The Employment Cost Index (ECI) measures changes in the cost of labor, including wages and benefits, for civilian workers in the United States. It is a key indicator used by economists and policymakers to assess labor market conditions and inflationary pressures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The ECI tracks how much employers pay their workers in terms of wages, salaries, and benefits. It is a comprehensive measure of compensation costs that provides insight into labor market dynamics and can help inform monetary policy decisions.
Methodology
The Bureau of Labor Statistics collects data through employer surveys to calculate the ECI.
Historical Context
The ECI is closely monitored by the Federal Reserve and other policymakers to gauge inflationary trends and inform decisions on interest rates and other economic policies.
Key Facts
- The ECI covers about 80% of civilian workers in the U.S.
- The index is published quarterly by the Bureau of Labor Statistics.
- ECI data is used to adjust federal employee pay and Social Security benefits.
FAQs
Q: What does the Employment Cost Index measure?
A: The ECI tracks changes in the costs that employers incur for employee compensation, including wages, salaries, and benefits.
Q: Why is the ECI relevant for users and analysts?
A: The ECI is a key indicator of labor market conditions and inflationary pressures, providing important insights for policymakers, economists, and businesses.
Q: How is the ECI data collected and calculated?
A: The Bureau of Labor Statistics collects data through employer surveys to calculate the ECI.
Q: How is the ECI used in economic policy?
A: The ECI is closely monitored by the Federal Reserve and other policymakers to gauge inflationary trends and inform decisions on interest rates and other economic policies.
Q: Are there any update delays or limitations with the ECI data?
A: The ECI is published quarterly by the Bureau of Labor Statistics, with a typical delay of about one month from the end of the reference period.
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Citation
U.S. Federal Reserve, Employment Cost Index (DELF), retrieved from FRED.