U.S. Bureau of Labor Statistics@bls · official source
Compensation costs up 0.9% Sep 2023 to Dec 2023 and up 4.2% over the year ending Dec 2023
· via BLS
Key points
- Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in December 2023, the U.S. Bureau of Labor Statistics reported today.
- Wages and salaries increased 0.9 percent and benefit costs increased 0.7 percent from September 2023.
- Compensation costs for private industry workers increased 4.1 percent over the year.
- Inflation-adjusted benefit costs in the private sector increased 0.2 percent over that same period.
- Benefit costs increased 3.4 percent for union workers and 3.6 percent for non-union workers for the period ending in December 2023.
Official source
BLSJan 31, 2024Official release ↗
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