U.S. Bureau of Labor Statistics@bls · official source
Compensation costs up 1.1% Jun 2023 to Sep 2023 and up 4.3% over the year ending Sep 2023
· via BLS
Key points
- Compensation costs for civilian workers increased 1.1 percent, seasonally adjusted, for the 3-month period ending in September 2023, the U.S. Bureau of Labor Statistics reported today.
- Wages and salaries increased 1.2 percent and benefit costs increased 0.9 percent from June 2023.
- Compensation costs for private industry workers increased 4.3 percent over the year.
- Inflation- adjusted (constant dollar) compensation costs for private industry increased 0.6 percent for the 12-month period ending in September 2023.
- Inflation-adjusted benefit costs in the private sector increased 0.2 percent over that same period.
Official source
BLSOct 31, 2023Official release ↗
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