U.S. Bureau of Labor Statistics@bls · official source
Compensation costs up 0.9% Sep 2024 to Dec 2024 and up 3.8% over the year ending Dec 2024
· via BLS
Key points
- Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in December 2024, the U.S. Bureau of Labor Statistics reported today.
- Wages and salaries increased 0.9 percent and benefit costs increased 0.8 percent from September 2024.
- Compensation costs for private industry workers increased 3.6 percent over the year.
- Benefit costs increased 4.6 percent for union workers and 3.1 percent for non- union workers for the period ending in December 2024.(See tables 6, 10, and 12.)
- Rounding Changes to Employment Cost Index (ECI) Estimates Effective with the release of June 2025 ECI data on July 31, 2025, BLS will publish index levels to three decimal places.
Official source
BLSJan 31, 2025Official release ↗
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