Worker costs up 0.9 percent locally in January-March quarter
Total compensation paid to workers in the Middle Atlantic states rose 0.9 percent in the first quarter of this year, the U.S. Bureau of Labor Statistics reported today. The increase for the 12 months that ended in March was 3.3 percent.
Total compensation paid to workers in the Middle Atlantic states rose 0.9 percent in the first quarter of this year, the U.S. Bureau of Labor Statistics reported today. The increase for the 12 months that ended in March was 3.3 percent.
The Middle Atlantic states are comprised of Pennsylvania, New Jersey and New York. The government's Employment Cost Index measures compensation for workers in private industry.
The total increase in the region included rises in wages and salaries of 1.1 percent in the first quarter and 3.4 percent over the 12 months.
Nationwide, total compensation rose 0.8 percent in the quarter and 3.2 percent for the year ended in March.