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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Showing posts with label hourly wages. Show all posts
Showing posts with label hourly wages. Show all posts
Tuesday, July 31, 2018
Wage inflation: 2Q 2018 compensation costs rose at highest annual rate since 2008
Friday, March 16, 2018
JOLTS: January job openings spike up 11.4 percent while hires rose by just 1.1 percent
The number of job openings rose 11.4 percent to 6.3 million
on the last business day of January. Over the month, however, hires rose by
just 1.1 percent to 5.6 million, while separations rose by 1.8 percent to 5.4
million.
Thursday, September 7, 2017
Labor productivity rose 1.5 percent in 2Q 2017, up 1.3 percent year-on-year
Nonfarm business sector labor productivity increased 1.5 percent during the second quarter of 2017 as output increased 4.0 percent and hours worked increased 2.5 percent. From the second quarter of 2016 to the second quarter of 2017,
productivity increased 1.3 percent, reflecting a 2.8-percent increase in output and a 1.5-percent increase in hours worked.
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Labels: economic output, hourly wages, inflation, labor productivity
Monday, June 5, 2017
Unit labor costs rose 2.2 percent in 1Q 2017 due entirely to higher hourly compensation
Unit labor costs in the nonfarm business sector increased 2.2 percent in the first quarter of 2017, reflecting a 2.2-percent increase in hourly compensation; productivity was unchanged. Unit labor costs increased 1.1 percent over the last four quarters.
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