Change in compensation costs, December 2007-March 2008
May 01, 2008
Total compensation costs for civilian workers increased 0.7 percent from December 2007 to March 2008, seasonally adjusted.
The increase for the September to December 2007 period was 0.8 percent.
In the most recent quarter, wages and salaries rose 0.8 percent and benefits rose 0.6 percent. In the previous quarter, both wages and salaries and benefits increased 0.8 percent.
Compensation costs for civilian workers increased 3.3 percent for the year ended March 2008. For the year ended March 2007 the increase was 3.5 percent.
Civilian workers are defined here as nonfarm private industry and state and local government workers.
These data are from the BLS National Compensation Survey - Compensation Cost Trends program. To learn more, see "Employment Cost Index—March 2008," (PDF) (HTML) news release USDL 08-0508. Compensation costs (also known as employment costs) include wages, salaries, and employer costs for employee benefits.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Change in compensation costs, December 2007-March 2008 on the Internet at http://www.bls.gov/opub/ted/2008/apr/wk4/art04.htm (visited July 26, 2016).
Recent editions of Spotlight on Statistics
A look at healthcare spending, employment, pay, benefits, and prices
As one of the largest U.S. industries, healthcare is steadily growing to meet the needs of an increasing population with an increasing life expectancy. This Spotlight looks at how much people spend on healthcare, current and projected employment in the industry, employer-provided healthcare benefits, healthcare prices, and pay for workers in healthcare occupations.
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.