What Is the Employment Cost Index?
The Employment Cost Index (ECI) reflects the ease of employment and the quality of its conditions.
Employment Cost Index
Right!
- The Employment Cost Index (ECI) reflects the ease of employment and the quality of its conditions.
- basic introduction
- ECI is the employment cost index. It is a measure of the number of jobs provided by more than 500 industries in all US states and 255 regions at the time of paid employment. Employment estimates are based on market adjustments by large companies. And calculate the number of full-time or part-time salaried employees in domestic companies and governments. It reflects the ease of employment and the quality of its conditions. [1]