Compensation For U.S. Workers Rises 1%

Jan. 13, 2005
By John S. McClenahen From June to September this year, total compensation costs -- including wages, salaries and employer costs of benefits -- for U.S. civilian workers rose 1%, just slightly faster than the 0.9% rate from March to June, the U.S. ...
ByJohn S. McClenahen From June to September this year, total compensation costs -- including wages, salaries and employer costs of benefits -- for U.S. civilian workers rose 1%, just slightly faster than the 0.9% rate from March to June, the U.S. Labor Department reported on Oct. 30. Wages and salaries rose 0.7% between June and September, compared with 0.6% from March to June, and benefits costs increased 1.5% between June and September, compared with 1.4% from March to June. Within the private sector of the U.S. economy, a category that does not include state and local government workers, compensation costs rose 1% from June to September, the same rate as for the entire civilian workforce. However, for the three months wages and salaries increased at a faster pace in the private sector -- 0.9% versus 0.7% -- and benefit costs at a lower rate -- 1.4% versus 1.5% -- than the rates for the total civilian workforce.

Popular Sponsored Recommendations

How Digital Twin Technology is Empowering Manufacturers

Sept. 27, 2023
This FAQ delves into why this technology offers business value and considerations toward implementation.

Digitally Transforming Data and Processes With Product Lifecycle Management

Oct. 29, 2023
Manufacturers face increasing challenges in product development as they strive to consistently deliver improved results. Discover how industry leaders are improving time-to-market...

Discrete and Process Manufacturing 2024 Trends and Outlook for North America

Oct. 29, 2023
Manufacturers are reaping the benefits of automation and cloud-based solutions. Discover what is driving today's industry trends and how they can shape your growth priorities ...

Process Mining For Dummies

Nov. 19, 2023
Here it is. Everything you need to know about process mining in a single book, written in the easy-to-understand, hard-to-forget style that ‘For Dummies’ manages so effortlessly...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!