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Employment cost index

Latest value: 177.18 for Q2 2026, +3.4% year over year (against Q2 2025). 42 quarterly observations from Q1 2016 to Q2 2026, in index. Source: FRED (FRED route); context series, not an input to the Nowflation CPI Gauge.

Latest observations

PeriodValue
Q2 2026177.18
Q1 2026175.62
Q4 2025174.05
Q3 2025172.75
Q2 2025171.38
Q1 2025169.8
Q4 2024168.3
Q3 2024166.8
Q2 2024165.4
Q1 2024163.9
Q4 2023162.2
Q3 2023160.7

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Cite: Nowflation, “Employment cost index” (ECIALLCIV), data from FRED, retrieved October 18, 2026, https://nowflation.com/series/ECIALLCIV. The series at its source: FRED.

Related series

PCE price: Employment agency services

Related: Series directory · Open data · Methodology