Research >> Economics
Employment Cost Index up 0.5% in 4Q2009
Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending December 2009, the U.S. Bureau of Labor Statistics reported today. Both components of compensation--wages and salaries (which make up about 70 percent of compensation) and benefits (which make up the remaining 30 percent of compensation)--increased the same amount, 0.5 percent.
Posted: January 29, 2010 Friday 08:30 AM