U.S. Bureau of Labor Statistics@bls · official source
Compensation costs up 0.8% Jun 2024 to Sep 2024 and up 3.9% over the year ending Sep 2024
· via BLS
Key points
- Compensation costs for civilian workers increased 0.8 percent, seasonally adjusted, for the 3-month period ending in September 2024, the U.S. Bureau of Labor Statistics reported today.
- Wages and salaries increased 0.8 percent and benefit costs increased 0.8 percent from June 2024.
- Compensation costs for private industry workers increased 3.6 percent over the year.
- Benefit costs increased 4.9 percent for union workers and 3.1 percent for non-union workers for the period ending in September 2024.
- The costs per hour worked of compensation components are published as part of the Employer Costs for Employee Compensation (ECEC) news release.
Official source
BLSOct 31, 2024Official release ↗
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