Index of reports and indicators from Bureau of Labor Statistics. The Bureau of Labor Statistics is a statistics agency within the US Department of Labor. Reports produced by the BLS fall under four main categories: prices, employment and unemployment, compensation and working conditions, and productivity. Dec 16, 2020 · Germany Labor Cost Index is at a current level of 112.50, up from 110.10 last quarter and up from 107.70 one year ago. This is a change of 2.18% from last quarter and 4.46% from one year ago. The Employment Cost Index is closely watched by many sectors, including the Federal Reserve and those involved in the currency markets as it accurately measures changes in labor costs for monetary based wages such as salaries, but also reflects changes in non monetary forms of wages such as common fringe benefits occurring in private industries.