Total Compensation Up 0.4 Percent
Pay, Total Compensation Up 0.4 Percent, BLS Says Real Total compensation for private sector wage and salary workers increased 0.4 percent on a seasonally adjusted basis in the third quarter, slower than the 0.5 percent rise in the prior three months, the Labor Department’s Bureau of Labor Statistics said Oct. 29. Benefit costs rose 0.5 percent in the July-August-September period, the same as in the second quarter, while wages and salaries grew 0.4 percent for the third straight quarter. “Pressured … Read More