The Housing Chronicles Blog: Wage inflation: 2Q 2018 compensation costs rose at highest annual rate since 2008

Tuesday, July 31, 2018

Wage inflation: 2Q 2018 compensation costs rose at highest annual rate since 2008

Compensation costs for civilian workers increased 0.6 percent, seasonally adjusted, for the 3-month period ending in June 2018. Wages and salaries increased 0.5 percent and benefit costs increased 0.9 percent. Year-on-year, compensation costs rose 2.8 percent, with wages and salaries up 2.8 percent and benefits rising 2.9 percent.

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