Wednesday, November 5, 2008

News You Can Use: Latest ECI numbers released

The Dept. of Labor recently released the latest Employment Cost Index data, a periodic breakdown of salary and benefit costs to employers. From June to September, benefits costs rose 0.7%. In private industry, benefit costsincreased 2.4 percent, less than the increase for state and local government, which was 3.3 percent for the12-month period ended September 2008.

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