Research >> Economics
Employment Cost Index up 0.5% in 4Q2013
Compensation costs for civilian workers increased 0.5 percent, seasonally adjusted, for the 3-month period ending December 2013, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.6 percent, and benefits (which make up the remaining 30 percent of compensation) increased 0.6 percent.
Posted: January 31, 2014 Friday 08:30 AM