Research >> Economics
Employment Cost Index up 0.3% in 3Q2011
Compensation costs for civilian workers increased 0.3 percent, seasonally adjusted, for the 3-month period ending September 2011, the U.S. Bureau of Labor Statistics reported today. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.3 percent, and benefits (which make up the remaining 30 percent of compensation) were virtually unchanged at 0.1 percent.
Posted: October 28, 2011 Friday 08:30 AM